Fighting Inflation

Fighting Inflation

The inflation rate has seen the fastest pace of increase in over 40 years. According to a Wall Street Journal article by Nick Timiraos, Federal Reserve of­fi­cials are likely to de­bate next week how much to raise rates in Feb­ruary, with views shaped by how they see...
Congestion Can Also Cause the Bullwhip Effect

Congestion Can Also Cause the Bullwhip Effect

In our previous blog, we shared a brief explanation of the bullwhip effect and how it can negatively affect inventory management. But this whipsaw reaction can also be caused by congestion. Dr. Willy Shih, the Robert and Jane Cizik professor of management practice at...
What is Shrinkflation?

What is Shrinkflation?

If you live in the United States, you have likely noticed that some of our favorite products have shrunk in size in the past few years. As the price of ingredients and manufacturing increases due to the supply chain crisis and soaring inflation, we end up with smaller...
The Smallest Part Can Make The Biggest Impact

The Smallest Part Can Make The Biggest Impact

You may have recently read about Ford Motors Company’s latest supply-chain snarl: the blue oval badges. Troubles obtaining the small branding piece has delayed the delivery of thousands of vehicles. The trademark is important because it is the finishing touch and adds...