Technology

Around this time last year, SCM Now Impact discussed the many ways in which the lockdowns of COVID-19 led to plummeting pollution levels. In fact, subsequent research has shown that we were experiencing the largest drop in fossil fuel emissions since WWII. In the article, I wrote that it was encouraging to see many supply chain leaders viewing the road to recovery as a valuable ...

This past week, President Biden signed an executive order that aims to fortify America’s supply chains, protect workers and avoid future shortages of critical components. Four key sectors were identified: pharmaceuticals, rare earth minerals, semiconductors and large-capacity batteries. “Each of the four sectors identified by the order will undergo a 100-day review to assess vu ...

Today’s supply chains are more complex than ever before. This complexity arises from several factors, some that have existed throughout time and some that are unique to this era. From extreme weather to a global health crisis – today’s market is perpetually subject to volatility. This is only compounded by shifting consumer expectations and demands, with one-day delivery and pe ...

Inventory management is a little like the classic Goldilocks fable. Too much inventory burns cash, clutters warehouses, and complicates operations. But too little inventory is equally harmful, freezing a business in its tracks, killing sales, and damaging reputations. For supply chain professionals, the challenge is navigating the delicate balance between too much and too littl ...

“Trust is fragile in a digital world,” write the authors of a new PwC study, Time for trust: The trillion-dollar reasons to rethink blockchain. They note that more than half of CEOs surveyed believe faltering trust is a threat to their organization. Increasingly, companies are wary of cybercrime, fraud, data loss or misuse, and other risks associated with the internet, digital ...