MIT Supply Chain Strategy is an independent newsletter published by IOMA with the mission to drive competitive advantage by linking corporate strategy and supply chain management. Its 12 issues each year shepherd senior executives from a broad cross section of industries and corporate disciplines through developing a strategy that defines how their supply chain should work.
The management of a company's lifeline— its supply chain—underpins its competitiveness. Organizations that understand this, and fuse corporate strategy and supply chain management to create a strategic asset become market leaders. Yet many enterprises—and otherwise sage business leaders—still fail to make this crucial connection. Supply Chain Strategy exists to help both leaders and laggards bridge the gap between supply chain professionals and the boardroom.
International supply chains have to navigate an uncertain trade management landscape, where wrong decisions can be costly and extremely disruptive.
If 2009 was the year of economic turmoil, 2010 looks like the year of political conflict.
In these uncertain times, supply chain professionals recognize the value of a sound risk-management strategy, but they might be less familiar with a component of such a strategy that offsets the cost of disruptions: business interruption (BI) insurance.
Companies under pressure to make their operations more carbon-efficient might be tempted to buy their way out of the challenge by purchasing carbon offsets, particularly as the market for these instruments matures.
A competitive network of global logistics is the backbone of international trade," said Octaviano Canuto, vice president and head of network, poverty reduction, and economic management, the World Bank, in the bank’s second global study of how logistics networks are performing in different countries.
Problems are opportunities in disguise, providing you are able to recognize the possibilities and take action to bring them to reality.
MIT-CTL Supply Chain Strategy is part of...
Corporate Financial Management