Supply Chain Resilience

70% of survey participants have formal digital supply chain transformation effort, but only 5% are happy with the results as traditional phones, faxes and emails still dominate supply chain partner interactions.

If recent stories are any indication, transportation, sourcing, inventory management and supply chain resilience will dominate supply chain projects next year.

In a global economy, the beat of a butterfly’s wings in one part of the world can truly lead to a supply chain disruption on the other side of the globe. In his new book, Yossi Sheffi describes how the best companies prepare for modern vulnerabilities and develop corporate resilience.

Yossi Sheffi talks about his new book, The Power Of Resilience: How The Best Companies Manage The Unexpected, and how the best companies are balancing the risks involved in new products, new markets, and new processes—all crucial for growth—and the resilience created by advanced risk management.

Cloud computing, big data, wireless communication and the Internet of Things (IoT) increase exposure to cyber-risks.

Survey indicates optimized supply chains have 15% lower costs, less than half the inventory and more than three times shorter cash-to-cash cycles.

University of Tennessee’s Global Supply Chain Institute reports on successful strategies for supply chain integration.

Outcomes emphasized the importance of building relationships before disaster strikes.

At MIT’s Research Expo 2014, the future of supply chain was on display