Tag: supply chain risk management

coronavirus

Strategic Supply Chain Planning 2021 | Beyond COVID

The epidemic crisis of 2020 accelerated many trends in consumer behavior. It exposed risks both on the supply and demand sides of the supply chain. As we begin supply chain planning in 2021, we realize the adopted behaviors are permanent. Companies have to be able to support multiple fulfillment channels, efficiently handle returns and insulate themselves from regional disruptions across the globe.

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e-commerce

The Bullwhip Effect: Managing Swings in Demand

All it takes is one flick of the wrist to create a violent “crack!” of the bullwhip’s tip. In supply chains, a wave of increasing magnitude can travel end to end across the network from a seemingly insignificant demand at the consumer level.

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cost reduction

Budget Planning 2021: 9 Supply Chain Things to Know

The effects of COVID-19 on North American business are creating supply chain challenges into the second half of 2020. Organizations’ ability to respond to these challenges will determine strategies required in 2021 to maintain profitable performance. Although some businesses relying on high contact and large crowds will succumb to bankruptcy, others have an opportunity to capitalize on new growth opportunities.

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