Both global and domestic supply chain networks will need to become more resilient and reliable in order to better manage more volatile demand as well as pressures on margins, according to recent analysis by two consulting firms.
Chris Caplice, executive director of the MIT Center for Transportation and Logistics, discusses his research on identifying dominant designs in logistics and how these designs, in which companies are heavily invested, may be disrupted by emerging trends.
Sourcing and transporting raw materials and components are growing expenses for U.S manufacturers and distributors. Foster Finley, managing director, AlixPartners LLP, offers advice on how better sourcing decisions can help keep these costs in control.
Rick Blasgen, president and CEO of CSCMP, reflects on the organization's accomplishments over its 50-year history and shares his vision going forward for the industry and its practitioners.
MIT's High-Viz Supply Chain Project is developing a way for companies to automatically map and analyze supply chain risk. Bruce Arntzen, executive director of the Supply Chain Management Program at MIT, explains the methodology underlying this project, progress to date and barriers that still exist.