Following a six-month stint in a dining-room chair, glued to Zoom or my cell phone, I am now free. Now on lockdown level 1, I have managed to visit the office, had meetings with real people and I have even had my first beer during a bush break. While I bask in my newfound freedom, I can’t help but wonder why costs rose during [...]
For businesses involved in moving and distributing goods around the country or the world, the pandemic of 2020 has shown how important it is to have digital technologies to support planning, managing, and executing distribution operations. Even after the Coronavirus pandemic subsides, the world is not going to go back to what it was, things will change. (more…)
There have been a number of scary stories doing the rounds for years around unhygienic food conditions. From mass food poisonings at festivals to tofu being made in dirty back alley “factories” and even headlines of authorities withdrawing bottled water over bacteria concerns. There was even a notorious example of the scandal where needles were inserted into strawberries. While these examples sound just like [...]
The effects of the Coronavirus pandemic are far from over and a recovery timeframe is anything but certain. Among the strategies that businesses are adopting during this time in order to keep costs in check and reduce the size of layoffs, is to focus on procurement to maintain ongoing supplies of materials and components, and to reduce the risk of unanticipated costs. Procurement is [...]
Organizations are looking for opportunities to innovate their operations and rethink their business models as the Covid-19 pandemic has caused not only a global humanitarian crisis but a supply chain crisis as well. The World Economic Forum says the magnitude of this unprecedented crisis has yet to be fully realized or manifested. Some of the impacts on manufacturers and businesses around the globe include supply [...]
Supply chain disruptions are nothing new. From global trade disputes to Brexit, volatile exchange rates, fluctuating commodity prices and civil unrest, procurement has needed to be more agile and resilient than ever before. Recently COVID-19 added further pressure within the global value chain. China is a large producer of components and assemblies, but with the recent pandemic, many of these distribution channels were shut [...]
The disruption caused by the coronavirus has led global supply chains to re-think globalized market strategies. Before the pandemic, Chinese producers were often selected as the first choice, and China’s share of the global GDP was sitting at 20%. When Covid-19 hit China, its factories were shut down. Many other countries had to additionally deal with the closing of local ports. (more…)
As the food supply chain has become more costly and complex, any food safety incident can have a negative impact on public health and ultimately, the economy. In June, the second World Food Safety Day will be celebrated to draw attention and inspire action to help prevent, detect and manage foodborne risks. (more…)
Amidst the COVID-19 pandemic, it’s no secret that hundreds of thousands of manufacturers across the globe are under great amounts of stress. Most have had to scramble to protect their employees, address business challenges and risks, meet demand, and ultimately, survive. With social distancing initiatives in effect, work has shifted radically with a large majority of employees working remotely. Ascertain areas of business have [...]
It used to be that auto manufacturers’ success was based on their ability to efficiently and profitably design, produce, sell and ship products. But in a fast-changing world, with more complex engineering and the outsourcing of sub-components, manufacturers now have to consider the quality and safety of their products as well. (more…)
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