Are You Rethinking Your Supply Chain Strategy?
Should you be rethinking your supply chain strategy? Absolutely! There is so much volatility going on in the world that you must reevaluate your supply chain.
Do You Have Suppliers or Partners?
Partners are always prioritized over transactional suppliers during times of allocation and disruption. Supply chain disruptions were up 88% in 2021, according to Resilinc, a leading supply chain risk monitoring and mapping solution. Lifesciences and healthcare were two of the industries most impacted by these record-breaking supply shortages. Companies [...]
Supply Chain Disruptions Driving Prices Up
The news is full of stories of rising prices propelled by supply chain disruptions. For example, the cost of lumber is creating extreme price increases for building and home upgrades. Supply Chain Dive noted that the cost of pallets could go up by 400% according to United Fresh Produce Association. On this same note, an NBC affiliate [...]
Hurricane Dorian & Your Supply Chain
Hurricane Dorian is certainly taking over the news as it threatens devastation. Mitigate Hurricane Dorian's impact with a resilient supply chain strategy. Ensure business continuity and agility.
Manufacturing is On the Move
Reshoring was at record levels in 2018! Manufacturers are starting to return as they see the total costs of offshoring combined with the rising costs in China and improved competitiveness of the U.S.