Author: Nader Mikhail
Thanks to the coronavirus pandemic, the adage “hindsight is 20/20” has taken a whole new meaning for supply chain management. Major breakdowns on a global level spurred an industry-wide awakening that was decades in the making. Although companies learned how to cope with on-the-fly solutions (think: duct tape and bubble gum), most pushed long-term investments … Continued
When COVID-19 arrived in the U.S. in March, people experienced first-hand the fallout of poorly designed supply chains. The stockpiling engaged in by both homes and shopping outlets made headlines, while shortages of critical items—like PPE and ventilators—accelerated the pandemic’s spread and heightened its risk. The crisis demanded that supply chains swiftly adapt to operating with a … Continued
Ever since COVID-19’s onset, academics have been weighing in on the best ways to address supply chain weaknesses and rebuild the industry. Take, for example, this whitepaper by Michigan State University’s Department of Supply Chain. Many of their recommendations make sense—until they start talking about resilience.
Over the past decade of working in supply chain, thousands of operators have asked me: how can the industry adopt actionable solutions to increase performance while minimizing cost and risk and execution time? When the pandemic hit, the tone of this question changed substantially, from a nice-to-have, to a must-have. Suddenly, companies found themselves facing … Continued
Supply chain is one heck of a challenging place to make a career: order too much, the business is in trouble; deliver too little, the business is in trouble. Yet, everyday, there are supply chain heroes, who are stepping up to take on new challenges and persevere no matter what the headwinds are.
The impact of COVID-19 has caused the world to realize what many operators have known for a while: supply chains are running at a distinct disadvantage. Globalization and the ever-increasing need for profitability have caused companies to live by a creed of efficiency: the faster and cheaper, the better. However, major disruptions like those caused … Continued
I’m frequently hearing from supply chain leaders who want to make a bigger financial impact on their businesses, but they’re constrained by limited resources. If you find yourself in this position, I recommend you take a look at your damaged shipment rates. You may be surprised by what you find.
At Elementum, it has always been our mission to be a socially responsible supply chain partner. So in this time of global crisis, we are stepping up to do our part. We invite any and all supply chain organizations to use Elementum Essentials at no cost for the rest of this year to run their virtual “war … Continued
We’re shut in. There’s no toilet paper (although, I have hoarded 37 rolls for my family). My hair is getting way too long but I still need to be “camera ready” for my next video conference. It’s overwhelming at times — but we can’t stop. If you make produts and run a supply chain, goods … Continued