Ethical leadership sets the tone for ethical behavior by modeling honesty, fairness, and transparency in actions and decisions. Since long, ethical leadership brings value to supply chain management. Therefore today, supply chain managers are well positioned to fix an ethical leadership vacuum developing across many industries.
Global supply chains have seen unprecedented disruption, and container freight rates are at record highs. Shippers continue to face acute shortages of vessel space, container boxes, warehouse space, intermodal capacity, and labour.
2021 was notable for labor challenges and shifts in thinking about employee engagement. Here are some valuable lessons learned on how to attract supply chain talent and increase job satisfaction in 2022.
In an effort to attract larger shippers, Maersk is expected to announce that it will only handle cargo from direct shippers from 1 November, cutting out freight forwarders.
For European shippers and forwarders, freight rates continue to rise and are becoming too high. Shippers are now cancelling orders because the freight rates cancel out their margins, which will lead to business problems and significant changes in sourcing approaches. This can only damage shippers, carriers and the economy in general.
Addressing supply-chain emissions enables many customer-facing companies to impact a volume of emissions several times higher than they could if they were to focus on decarbonizing their own direct operations and power consumption alone.
COVID-19 has been one of the biggest disruptions that the supply chains of consumer products companies and retailers (CPR companies) have ever faced. CPR companies must consider the fact that although the pandemic was, in theory, a one-off shock, this sort of volatility may reoccur. And while many of the changes we have Read more…
In a globalized world, any sustainable supply chain is going to rely on companies, organizations and retailers being able to build positive relationships with their respective suppliers. The social and environmental costs now have to be considered at every tier, with reputational damage and financial ruin potentially at stake. It’s Read more…
Big data analytics is playing an instrumental role in improving supply chain management. It resolves several pain points at strategic, operational, and tactical levels. Big data is making an impact on all supply chain activities. It ranges from improving delivery times to identifying ways to reduce the communication gap between Read more…
Coming off an 11-year-long period of economic prosperity—and now re-imagining their business models for a post-COVID world—shippers are merging advanced technology tools with “lessons learned” to future-proof their supply chains