Tag Archives: supply chain visibility

Q2 2021 MHI Solutions: Innovation Driven Resilience

It is now clear that the supply chain transparency and resilience provided by digital innovation is the difference-maker between companies that can respond, recover and thrive when disruption hits and those that cannot. COVID will not be the last disruption and future survival depends on investment in innovation driven resilience. This issue of MHI Solutions focuses on the top technologies ...

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Supply Chain Resilience Is Key to Responding, Recovering and Thriving Amid Disruption

By John Paxton, CEO, MHI Digital supply chain innovation has been the common theme over the last eight MHI Annual Industry Reports. However, the pandemic drove home the necessity of digital innovation as a core supply chain competency—and it has catapulted this opportunity to the top of CEOs’ agendas. For some, the pandemic served as a proof of concept for ...

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Moving Beyond Visibility: Transparency Is Essential for Resilient Supply Chains

By Mary Lou Jay “I think of visibility as akin to being able to simply see something. But transparency literally means to see through something and how it connects to other things. Transparency is like the extra medical information you would get if you had access to an X-ray,” said Darren Prokop, professor of logistics at the College of Business ...

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Turning Big Data into Actionable Insights

By Carol Miller Big Data—the massively complex and exponentially generated data businesses generate and gather from multiple sources (including structured databases, unstructured machine outputs, and semi-structured records) at an increasingly fast pace—has long been on the radar of supply chain organizations as the source of potential competitive advantages for those who leverage it successfully. The organizations that harness, process, and ...

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New Role Materializing: Communicator-in-Chief

By David Coburn Over the span of a few days last March, COVID-19 created an urgent need for organizations of all kinds to communicate critical information to their employees. Suddenly, the economic and operational challenges presented by the virus had workers fretting about everything from new sanitizing and social distancing protocols for offices, distribution centers and factory floors to the ...

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Delivering a Miracle: Overcoming the Supply Chain Challenges of Manufacturing and Distributing the COVID-19 Vaccines

. By Sara Pearson Specter Before the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) virus was declared a pandemic by The World Health Organization on March 11, 2020, pharmaceutical companies and governments worldwide were already creating plans to develop, manufacture and distribute vaccines to the global population. Within two months, the U.S. had announced the formation of Operation Warp Speed, ...

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Transparency: The ‘First Pillar’ of Sustainability

By Tom Gresham In today’s corporate landscape, sustainability has fast developed into a necessary point of emphasis. Experts say a key ingredient to pursuing sustainability in a meaningful way is transparency in the supply chain, where much of a company’s environmental impact lies. Gopal Iyer, supply chain delivery lead at procurement consultancy 4C Associates, said he has seen estimates indicating ...

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By the Numbers: Achieving Transparency Through Technology

Companies big and small continue to invest in emerging supply chain technologies in a major way. Blockchain along with radio frequency identification (RFID) asset-tracking technology, Industrial Internet of Things (IIoT), artificial intelligence (AI) and quick response (QR) codes are all technologies promising to provide transparency, efficiency and cost savings to players at each end of the supply chain and every ...

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The Power of Partnerships

By Nick Fortuna Modern supply chains are too complicated for any one company to do everything well, so strategic partnerships are key to solving the big problems facing the material handling industry and its customers. The right partnerships make business relationships more transparent, resilient and sustainable because customers get to work with best-of-breed providers working in their individual areas of ...

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Need Agility? On-Demand Warehousing Might Help

By Jennifer Pazour, Associate Professor of Industrial and Systems Engineering, Rensselaer Polytechnic Institute Agility, the ability to move quickly and easily, is a powerful, and some may say necessary, skill for success in today’s supply chains. This need for agile decision-making is changing how organizations acquire warehousing and distribution capabilities. An emerging, more flexible option is on-demand warehousing, which enables ...

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