Despite the hype, Blockchain is not a "silver bullet" answer to all the problems supply chain faces today. Instead, I think the value of Blockchain will be fully realized after a cumulative progression of new technologies and market disruptions (e.g. 3D printing, AI, big data, IoT) lay a more stable foundation for Blockchain to gain acceptance. This …
The Concept of the Hyperloop seemed farfetched in 1963 when The Jetsons first aired. However, we are quickly approaching an inflection point between conventional transit systems and futuristic transit capability and design and Hyperloop could put us at George and Judy Jetson's front door.
Earlier this year, I made some predictions in Innovate or Die: 5 Omni-channel Strategies Amazon is Trying to Outrun. As a part of those predictions, I talked a little bit about the "barbell effect" and how there would be a dichotomy between luxury/high-end, customized, boutique firms that offered a unique customer experience for a premium and hyper-local/convenience …
Here is a short guide to the ins and outs of selecting and implementing a lease administration program.
It has been said that smartphone devices are designed to provide a level of gratification on par with drug use or gambling, which piqued my interest. After doing some basic research I quickly realized there are some interesting parallels between a Fortune 100 supply chain and a drug cartel. The success of the iPhone would …
Recently, the US began negotiations with Canada and Mexico to revamp some major areas that make up the North American Free Trade Agreement (NAFTA). The changes that will come out of these negotiations will have a ripple effect across the supply chain.
Lightning bolts, floods, fires and the occasional category 5 hurricane are inevitable. They will come. It's just a matter of where and when. While it isn't sexy or fun to put a disaster recovery plan in place, it is critical to employee safety and business continuity when the worst does happen. It is also critical to understand that real estate is not the only facet of disaster recovery that may be affected if a building site is destroyed or disabled. Disasters will have a global effect on HR, IT, marketing, finance in addition to operations and real estate. A streamlined and updated Disaster Recovery Plan (DRP) can save lives and reduce the the overall impact on your company.
In this post I'm going to break down some of Murphy's practices regarding asset allocation strategy (lease vs. own), sustainability efforts and location strategy that have been critical to Murphy's long standing run as a third party logistics firm (3PL).
We often underestimate how important supply chain is to our daily lives. While it's not a surprise to supply chain managers, most consumers don't consider folks like Chris Ward, who are out there sourcing things like 80,000 cases of jalapenos for Church's Chicken so you can get peppers on the side with your combo meal.
"We've got a long way to go and a short time to get there..."