With economies cooling and COVID more manageable, the general thinking has been that companies would see the workforce shortages of the past few years subside; however, this does not appear to be the case. Post-pandemic, organizations are still struggling with labor shortages, as well as knowledge workers and the leaders they need to thrive. In …
Labor Shortages in Supply Chain & Logistics: They’re Not Subsiding Read More »
The energy transition is driven by the goal to decarbonize the energy used for transportation, buildings, and industry. Lacking a low-cost way of removing greenhouse gases from the air, the solution is to electrify as much as possible with clean power. In 1990, coal accounted for 54.6 percent of the total electricity generated in the …
IBM’s Institute for Business Value found that 75% of CEOs believe generative AI will be key to competitive advantage. However, in the supply chain realm, despite the rhetoric, the current use cases for generative AI are limited. At supply chain and enterprise application conferences, software companies have talked about using generative AI to create user …
Infor Nexus is Taking an Interesting Approach to Generative AI Read More »
Yesterday was February 29th, meaning that 2024 is a Leap Year and yesterday was Leap Day. Leap years exist because while the world follows a 365-day Gregorian calendar, it actually takes Earth 365 days, 5 hours, 48 minutes and 46 seconds to orbit the sun, according to NASA. While that is rounded down to the …
This Week n Logistics News (February 24 – March 1) Read More »
UPS dominated business and trade headlines for a day in late January when the world’s largest package delivery company announced plans to cut 12,000 full- and part-time management jobs as part of a new initiative called “Fit to Serve.” What stood out even more was the “subhead” of UPS’ announcement. As reported by The Wall …
Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supply chain during COVID. Cooper successfully coped with the crisis, but the high costs they had to pay for critical supplies and the late nights searching for those supplies convinced the organization that there …
The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts Read More »
This Monday was President’s Day. President Biden’s Oval Office has both a portrait and a bust of Abraham Lincoln. But his family’s connection to the 16th president extends back to the Civil War. On March 21, 1864, an ancestor of Biden got in a knife fight with another man in a Union military encampment. Biden’s …
This Week in Supply Chain News (February 19 – 23) Read More »
A few weeks ago, I sat down to speak with Mike Noble, SVP of Technology and Jonathan Mitchell, Director of Software Services at Open Sky Group. In this conversation, we discussed seeing your supply chain through a new lens, and how this can help to achieve improved visibility. Specifically, I asked Mile and Jonathan to …
Supply chain network design (SCND) is a powerful tool for improving business operations. Optimization and simulation are the two main branches of SCND. Optimization accounts for over 90% of all work that is being done by SCND teams. It can be used to solve a wide variety of supply chain problems. But it has gaps. …
Resilience by Design: The Power of Simulation in Supply Chain Strategy Read More »
Alaska Airlines Door Blows Out in Flight For 20 years, Boeing has engaged in collaborative product development with a significant number of suppliers. The outsourced R&D, in turn, supported outsourced manufacturing with over 50 key suppliers. These suppliers, in turn, outsourced various parts of the modules they produced to their suppliers. Historically, Boeing was vertically …
20 Years of Outsourcing Come Back to Haunt Boeing Read More »