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Your Inspiration For January 20 |
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CFOs Focused on Supply Chain Challenges, Opportunities |
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It’s been said that 2020 was the year that brought the supply chain fully into the board room, or at least the Zoom version of that room. A recent survey suggests that trend is likely to continue well into 2021 and beyond. |
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No Bull: Companies Address Supply Chain ‘Fragility’ |
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The past year might have seemed like a mega-version of the proverbial bull in a china shop, with the “bull” being pandemic-related disruption and the “china shop” representing (among other things) the supply chain status quo. |
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Here Is One Kind of Audit You Don’t Want to Avoid |
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Do you audit your freight invoices prior to paying them? If not, your company could be losing from $50,000 to $150,000 annually in overcharges. |
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Quote/Unquote: |
"We have shippers and consignees that want to use different digital and more traditional engagement methods on the same shipment. Long term, we will see more digital engagement and less traditional [processes] over time. The speed of the migration will be driven more by generational preferences than by available technology." |
— Keith Andrey, vice president of freight forwarding for UPS, describing the gradual digitalization of supply chain operations. For more, click on the link to our article about UPS below. |
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Supply Chain Transparency: How to Achieve It |
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Karen Zheng, associate professor of operations at the MIT Sloan School of Management, outlines key steps businesses can take to achieve supply chain transparency. |
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Latest eBook |
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