While individuals and businesses often don’t consciously think about it, we depend on supply chains for food, jobs, energy, and virtually everything we own. Naturally, the uncertainty caused by climate change and the progress of the COVID-19 pandemic is affecting the...
COVID-19 isn’t the only major disruptor in recent years — climate change has become a crucial factor in delays (and profits). Increasingly, it seems that the time has come for companies to address global climate crises in their policies and supply chain procedures....
Turning crisis management into an opportunity could not only help supply chains today but pay dividends in organizations’ future value chains. When a crisis strikes and your business needs to make critical decisions, it could be time to consider how supply chain...
It goes without saying, this year has been tough for businesses, small and large. With the increase in consumer demand, increasingly low supplies, and great expectations, procurement has been difficult for many brands, especially those in high-demand industries. Here...
While sourcing and procurement are both key elements of your business, they can be easy to mix up at first glance. These two terms are often used interchangeably. However, the reality is that each process plays a different role in your organization. In this post,...
When disaster strikes, conveniences like 2-day and overnight shipping are no longer possible. While some of these interruptions are small and local, affecting only certain businesses and industries, others are large, affecting the entire global market. If you’re a...
