by david | Dec 19, 2022 | Articles
As we close in on 2023, this is the prime time to be paying attention to trends while you prepare for your end-of-the-year strategic planning process. Here are three supply chain management trends to keep an eye on in the coming months according to Forbes: ...
by david | Dec 7, 2022 | Articles
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...
by david | Nov 28, 2022 | Articles
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...
by david | Nov 7, 2022 | Articles
When all the different players in a supply chain quickly respond to sudden demand fluctuation, they can create a larger ripple action known as the bullwhip effect. In short, when each member of the supply chain overcompensates for this sudden demand with excess...
by david | Oct 25, 2022 | Articles
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...
