by John Sucich | Dec 10, 2020 | Manufacturing & Supply Chain
Reading Time: 3 minutesEnergy, like so many other industries, has experienced a downturn during the pandemic. A report by the International Energy Agency shows energy demand dropping 5% in 2020, the largest decrease since World War II. Renewable energy, though, grew almost 7% despite the pandemic.
Even more growth is expected in 2021, not only because sustainability projects disrupted by the pandemic will be completed, but also because companies are making an ever-increasing effort to be more environmentally friendly. Many companies find themselves in a position where they need to rethink their supply chain in the wake of the pandemic, and they are using that as an opportunity to see where they can work in more sustainable practices. (more…)
by John Sucich | Nov 19, 2020 | Manufacturing & Supply Chain
Reading Time: 4 minutesFor some companies, 2020 exposed gaps in their supply chain that proved devastating. For others, the events of this year provided them with a chance to take a step back and figure out what worked and what needed to be changed moving forward. The supply chain has perhaps never been more transparent than it is right now. Customers who saw shortages of certain items in the spring have a better awareness of where products come from and how they reach their destinations. Here are some ways that companies are working to make sure their supply chain is scrutinized in a positive rather than a negative light. (more…)
by John Sucich | Aug 20, 2020 | Manufacturing & Supply Chain
Reading Time: 4 minutesFor most of 2020, any news regarding the supply chain has been bad news. Even setting aside the COVID-19 pandemic, other stories that have dominated the news cycle, including the China-U.S. trade war and Brexit, have disrupted the way the world does business.
But it’s the pandemic that has left many industries reeling. The big difference is the fact that organizations were forced to react to something for which they had no plan. In an effort to prevent that from happening again – and to help them recover from the setback of the pandemic – organizations that rely on the supply chain are turning to technology. (more…)
by John Sucich | Jul 30, 2020 | Manufacturing & Supply Chain
Reading Time: 4 minutesAbout the only thing organizations were certain about when the pandemic hit was that the future of the supply chain was uncertain. Different government responses at different times around the world meant that companies needed to figure out where they would experience problems…and then anticipate what might become a problem next.
Reliable data that companies had culled for years became less reliable as the pandemic wore on, and companies needed to adjust. They began to look for any ways they could make their data usable again. Part of the solution for many organizations was turning to innovative technologies to get the information they needed to make sure their business could survive COVID-19. Here’s a look at some of those technologies and how they’ve been used effectively.
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by John Sucich | Jul 2, 2020 | All, Manufacturing & Supply Chain
Reading Time: 3 minutesAs states and countries re-open in the midst of the COVID-19 pandemic, the hope is that everything will get back to normal. There are certainly aspects of life that will never quite get back to what they were like before the pandemic. The supply chain could very well end up being one aspect that is forever changed.
In a recent survey by BSI, about half of the respondents said that they will be making changes to their supply chain going forward. Just what those changes might look like for these organizations and many others is hard to imagine at this point. Here are a couple of possible approaches businesses could take, and how the supply chain of the future might shape up.
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by John Sucich | May 28, 2020 | General BI, Manufacturing & Supply Chain
Reading Time: 4 minutesWhether or not they are in a part of the country that is slowly opening back up and resuming day-to-day activities, everyone is grappling with the adoption of a “new normal” post COVID-19. That applies to most industries as well.
Though supermarket shelves are better stocked and it appears the supply chain is recovering, it is possible the global supply chain will never look the same. Here are some changes that have already been put in place, as well as more changes that are on the way. (more…)
by John Sucich | Apr 9, 2020 | Manufacturing & Supply Chain
Reading Time: 4 minutesIn the best of times, a disruption to the supply chain can cost an organization valuable time and money. In the current climate, the repercussions are not only clear to the organization, but also to people who may have never heard the term “supply chain” before.
The sight of empty shelves where common items like toilet paper are usually stocked, or news video showing a shortage of medical supplies makes everyone aware of what is and what is not available because of the COVID-19 pandemic. Some companies took steps after previous supply chain disruptions to prepare themselves for a situation like this. Others were not so prescient. Here’s a look at both sides of that coin, and how everyone can prepare themselves for the next major disruption.
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by Irina Nebosenko | May 7, 2019
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by admin | Feb 22, 2016 | Wine & Spirits
Reading Time: 3 minutes
As we enter 2016, it’s clear that the beverage industry supply chain is becoming more complex. In fact, a year-end survey conducted by Beverage World found that over the last two years, the number of SKUs in the industry has increased by 30%. Just among wine and spirits companies, there has been 19% growth in SKUs, resulting in each wine and spirits operator managing an average of 13,781 SKUs. Not surprisingly, the survey results show that this increase has left approximately two-thirds of beverage operators feeling very challenged.
Tweet: How to manage supply chain complexity with BI
However, for manufacturers and distributors that are able to handle this newfound complexity, there is significant opportunity. Having access to the proper supply chain information is an essential part of being the middle tier of a three-tier distribution system. For wine and spirits companies, a robust business intelligence tool can go a long way towards alleviating these mounting pressures and allowing for a more streamlined supply chain. Below, we detail two ways in which a business intelligence tool can mitigate the effects of increasing complexity. (more…)
by John Sucich | Apr 26, 2024 | Manufacturing & Supply Chain
Reading Time: 4 minutesOne of the industries that took a long look at its processes after pandemic-induced shortages was the pharmaceutical supply chain. Unlike some products where disruptions pose only an inconvenience, when the pharmaceutical supply chain is interrupted, for many patients it could be a matter of life and death.
In some ways, the pharmaceutical industry is still suffering effects from the shortages that began during the pandemic. Here are some of the issues the industry is facing, and the role analytics can play in making sure the pharmaceutical supply chain is operating at its highest level.
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