Automating Supply Chain Resilience Should Be High on Your Digital Agenda

Automating Supply Chain Resilience Should Be High on Your Digital Agenda

Substantial investments in supply chain resilience have enabled companies to vastly improve their capacity for bouncing back after a disruption. But the digitization of supply chains is introducing new demands on company operations that require a different approach to building supply chain resilience. With the benefit of digital technologies, companies are using Big Data toRead More

Fulfilling Election Promises Needs to be More Than Ticking Boxes

Fulfilling Election Promises Needs to be More Than Ticking Boxes

Politicians are often taken to task for making election promises they fail to keep once elected. Candidates should be held accountable for the policies they advocate when campaigning for votes. However, delivering on the bluster that politicians often espouse during the heat of an electoral battle can do more harm than good. President Trump’s stanceRead More

Developing a Clearer Picture of Supply Chain Transparency

Developing a Clearer Picture of Supply Chain Transparency

Improving supply chain transparency is a high priority for companies, especially in industries such as foodservice where consumers and regulators are pushing for more publicly available information on how products are made and delivered. Increasing product complexity—growing demand for organic and gluten-free foods, for example—as well as food safety and security concerns, continues to driveRead More

The Potential Promise and Pitfalls of 3D Printing

The Potential Promise and Pitfalls of 3D Printing

There are many innovations and societal changes such as robotics, autonomous vehicles, and the sharing economy that could shape the future of supply chains. But none of these developments is likely to transform the way manufacturing and supply chains are managed more than additive manufacturing, commonly known as 3D printing. While the concept of additiveRead More

Retail’s Phantom Inventory Menace, or the Ghosts of Christmas Present

Retail’s Phantom Inventory Menace, or the Ghosts of Christmas Present

Even with today’s sophisticated inventory management systems, retailers are woefully unaware of just how low on-shelf availability is for many of the products they carry. Our research, carried out in collaboration with a major consumer goods manufacturer, suggests the problem is significantly worse and costlier than many retailers assume. The culprit is “phantom inventory”—goods thatRead More