Starting with well-defined and manageable projects, you can create success and internal buy-in to support an evolution of your supply chain over time to one that is truly seamless and fully connected.
Like a world-class chess player, scenario planning allows you to anticipate moves and counter moves to visualize how the “game” will play out and adjust your strategy and plans before the game begins!
Ironically, the higher up you go in most organizations, the more unreliable and challenging the information that drives decision-making becomes. The main issue is the same as it has always been – behavior. And it is not necessarily a deliberate decision to operate in a certain way – but more about the continuing challenges modern leaders face to balance expectation, ambition, and risk.
Nineteen percent of responders said that they believe shifting production away from China would help supply chains while another 27% said this change could maybe alleviate supply issues.
For the next few decades, demographic changes will exert a major inflationary threat. But a reversal in globalization will also lead to less efficient global production,
The Deputy Prime Minister said the country will continue its voluntary cut of 300,000 barrels per day of crude oil and petroleum products until the end of December 2023.
LTL tonnage and shipment count are expected to maintain reduced overall levels through the end of 2023 and into 2024 following the shutdown of Yellow Corp.
The Port of Colombo has been operating near its capacity since 2021, meaning the new terminal will enable the continued growth of economies located in the Bay of Bengal.
Sheep prices have slumped, with older animals fetching an average of just $22 in October 2023 and some reports of animals selling for less than a dollar a head.