Sustainability is the supply chain trend that’s here to stay. Supply chains are chasing sustainability, in industry, farming, and manufacturing. The onus is on both consumers and producers. It’s also on everyone in the supply chain in between. In this article, we look at the case for zero-waste supply chains. Read more
Supply Chains are a complex and fluid network of companies, relationships and transactions. Even minor disruptions upstream in a supply chain can have a bullwhip effect and become major issues. Take cars for example; they’re typically comprised of 30,000 parts and it only takes one of those parts to fail to cause a recall, creating additional costs and the risk of reputational damage to the car brand. Supply chain professionals are only too aware of these risks, but now finance professionals are also taking note.
Amazon is building a strong reputation for leading the trend when it comes to different business models and processes. Typically these start Stateside before making their way elsewhere, so it’s worth keeping an eye on what’s happening there. The latest interesting Amazon development is that they are encouraging individuals to start their own small logistics business. The idea is that these entrepreneurs would have a network of up to 40 vans capable of undertaking small-scale deliveries. This could cost them as little as $10,000 in start-up costs according to Amazon. Read more
On May 25th this year, the new General Data Protection Regulation (GDPR) laws come into effect. GDPR will replace the current Data Protection Act 1988 and the new regulation places greater emphasis on data privacy. Even though this legislation is controlled by the European Union, the UK government has confirmed that it will be transposed into UK law as part of the Brexit process. Furthermore, it is unlikely to be amended by the UK as it will be a key requirement for any companies trading with the European Union. Read more
It would be fair to say that, over the last 10 days, KFC and DHL have not had the best time. Implementation problems on new logistics contracts are not uncommon, in fact, every new contract without exception will have unexpected implementation issues.
Whatever the issues have been for DHL (they have not been disclosed so far) their impact has been considerable for the KFC restaurants. However, let’s not be too negative, there’s a lot of fallacy being reported. Read more
In recent weeks we’ve posted articles relating to how companies are seeking to improve supply chain visibility and use AI to interpret information from the supply chain into actionable data. These initiatives need to be underpinned by having big data and advanced analytics in place across the supply chain. It sometimes feels that, at present, big data, analytics, supply chain visibility and certainly AI are more concept than reality for most supply chain professionals and so it has been interesting to read a recent study by The Hackett Group. Read more