🧐 Making one big uncomfortable decision to make up for a thousand “trivial ones”.
Seth’s Blog tackles the topic of decision-making on both a personal and company-wide level. Organizations tend to spend an inordinate amount of time discussing “trivial decisions” - such as a new logo - instead of focusing on big decisions, such as where to place their new office.
TikTok is reportedly working with third-party logistics (3PL) fulfillment service providers to build its own logistics network.
The Home Depot is embarking on a cost-saving initiative worth $500 million to optimize its supply chain and reduce fixed operating costs.
General Motors (GM) has revealed its plan to invest $632 million in an Indiana plant for the production of the next generation of full-size pickup trucks.
The reasons behind the ongoing global inflation crisis remain a topic of debate among economists.
Sumit Dutta, a supply chain expert from EY, believes that to achieve a true "end-to-end" supply chain, businesses need to design their supply chain from the start, considering factors such as sourcing, shipping destinations, and customer service.
Bozeman, who most recently served as the vice president of Ford's customer service division, will assume the role on June 26.
Walmart has announced new measures to reduce packaging waste in its online orders.
Supply chain management has gained prominence in board discussions as recent events have highlighted the need for effective risk mitigation.
Mike Kindy, who previously served as Executive Vice President of Global Supply Chain at Dollar General, has been appointed as the new Chief Supply Chain Officer at Dollar Tree.
A recent WalletHub study ranked major U.S. cities to determine which are the best for starting a business in 2023.
Steamship lines are diversifying their services and seeking a larger share of the global logistics market by entering the rapidly growing air cargo market, according to the International Air Transport Association.
A recent report indicates that the operating income of trucking companies' holdings has declined by 51% this quarter.
A new study by Moody's Analytics has revealed that more than half of businesses are making significant investments in third-party risk management in response to increasing threats to the supply chain and the economy.
Since Walmart set up shop in one of the biggest U.S. cities, it has lost tens of millions of dollars, with its yearly losses doubling in the last 5 years.
In the recent years, with the rise in interest rates, small businesses have been under a lot of financial pressure.
It has been revealed that retail giant Amazon has spent over $1 billion to combat fraud and fake products on its website.
FedEx has recently announced that they will be combining their ground and express services, but this move may cause more problems than they anticipated.
Virgin Orbit is a subsidiary of the Virgin Group that offers launch services for small satellites through a unique air-launch system.
By moving out of a reactive mode and proactively addressing supply chain resilience, CEOs can identify and mitigate risks before they become major disruptions.
On a March 2023 earnings call, Nordstrom executives are making very clear that they are taking the retailer’s supply chain seriously.
Cybersecurity is an increasingly important issue in the supply chain, as companies are increasingly reliant on digital systems to manage their operations.
Supply chain mapping is a critical process that involves identifying all the stages involved in producing and delivering goods or services, as well as the dependencies between them.
Amazon President and CEO Andy Jassy shared on a. recent earnings call that the company is reducing costs in order to make their operations network a top priority.
Customer service has a significant impact on customer satisfaction and loyalty.
The COVID-19 pandemic has caused businesses to rethink their KPIs and focus on areas such as remote work productivity, customer experience, supply chain resilience, and employee health and safety.
Customers are likely to become more price-sensitive during an economic downturn, so retailers should focus on offering products and services that provide real value to customers.
Cost-cutting is an important goal for any business, and the supply chain is a key area where cost savings can be achieved. However, cost-cutting measures should not be the sole domain of procurement.
A long-term success strategy for a company switching from gas-powered vehicles to electric work trucks should include conducting a feasibility study to determine the costs, benefits, and potential challenges of transitioning.
With real-time visibility into the status and location of goods in transit, businesses can make informed decisions about inventory management, production planning, and other critical processes.
The Nordstrom family is looking into the possibility of taking their department store private, with a special committee set up to review potential bids.