Strikes and labor negotiations highlight need for resilient supply chains
Companies can mitigate the volatility caused by labor disputes by rethinking sourcing strategies, upgrading planning processes, and using advanced technology.
Companies can mitigate the volatility caused by labor disputes by rethinking sourcing strategies, upgrading planning processes, and using advanced technology.
A single weak link can expose the entire supply chain to significant risks, which is why it’s crucial for companies to proactively assess and secure their end-to-end operations.
Supply chain is rife with disruptions, and it’s not going to change any time soon.
The Wall Street Journal reported that China-linked hackers breached U.S. internet providers. This hacking campaign termed Salt Typhoon is the latest attack into valuable computer networks.
Hurricane Milton has blown through Florida. In addition to continuing havoc since it occurred close behind Hurricane Helene, it has created further supply chain disruptions that will have ripples throughout the globe.
All it takes is a month on the ropes to potentially crash your business, Lisa Anderson warns in this article for Inc.
Given the uncertainty of the economy creating extreme push outs and pull ins with customer orders, only those companies that can successfully deal with uncertain and changing conditions can thrive. Better utilizing ERP, quoting, and CRM systems to automate planning and scheduling processes enables quicker pivots to satisfy changing customer conditions with greater stability for operations.
Lisa Anderson was interviewed by NTV news about the seriousness and potential impact of supply chain vulnerabilities. We discussed the attacks on the Iran-backed Hezbolloah as the pagers exploded, killing hundreds and exposing the seriousness of supply chain vulnerabilities.
Volatility, uncertainty, complexity, and ambiguity (VUCA) have plagued medtech’s supply chain since the pandemic. Drug shortages last year hit their highest levels in a decade, with 99% of hospital and health system pharmacists experiencing medicinal dearths, according to an American Society of Health System Pharmacists (ASHP) survey.
In this episode of Supply Chain Chats, Lisa Anderson talks about the extreme vulnerabilities emerging in the global supply chain. From the war in the Middle East with exploding pagers highlighting the vulnerabilities of the global supply chain to Hurricane Helene’s devastation [...]