Conventional thinking may have led some businesses to center their supply chain strategy around obtaining the most profitable cost, even when doing so meant assuming additional risk or lower-quality service. A supply chain that’s optimized for price alone, however, doesn’t account for today’s market demands or the complexity that’s involved in multi-enterprise, multi-tier, multi-mode, and multi-direction order flows. Within a network, there are potentially dozens of different touch points and stakeholders, all of which may have distinct systems and processes in place. Without end-to-end supply chain visibility, information becomes siloed, creating unnecessary and corrosive segmentation.
The pandemic helped expose vulnerabilities in the global supply chain ecosystem, causing shortages across sectors, from medical supplies to automobiles. The recent acceleration of supply disruptions made international headlines, but the trajectory that led us here started years before COVID-19. According to survey information gathered by McKinsey & Company, “supply chain disruptions cost the average organization 45% of one year’s profits over the course of a decade,” historical context that helps demonstrate persistent challenges to supply chain planning and logistics. The same survey also showed almost 80% of respondents said they “need to improve, and to invest in digital planning to increase supply chain visibility.”
Why are executives so concerned about supply chain visibility, specifically? The answer varies, depending on who you ask, their definition of “end-to-end visibility,” and the nature of their business.
I’d been looking forward to Babylon’s Fall for some time. I’m a big fan of PlatinumGames and I was eager to play its upcoming work, as I missed out on Astral Chain due to its Switch exclusivity. But as I read the discourse online surrounding Babylon’s Fall, it became clear that it would be fighting a nearly impossible uphill battle. People aware of the game were angry about its very existence. After inciting controversy with Marvel’s Avengers, Square Enix has failed to heed extreme consumer negativity regarding full-priced games with live service elements.
Honestly, I like Babylon’s Fall and have enjoyed playing it. It’s a pretty good action title, but it definitely leaves a lot to be desired on the live service front and, undeniably, it needed to be cheaper or even free. The consequences of releasing a full-priced game with premium battle passes and a cash shop have already all but sunk the game. It currently sits at a rather dismal 41 on M...
This sort of approach would enable cross-company and cross-sector threat information sharing, an effort that would allow companies to easily turn data into actionable insights.
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The psychedelics boom is underway, that’s for sure, and its moving full steam ahead. Perhaps pushed on by the success of the cannabis industry, which has been lighting the way, psychedelics have much more quickly come into the spotlight and gained acceptance. While they are still mainly federally illegal, recent breakthrough therapy designations given by […]
There is a missing element in the U.S. education system, a big one, AWOL since the 1980s. Its absence has been made more palpable by the obscene U.S. ...
CALGARY, Alberta–(BUSINESS WIRE)–High Tide Inc. (“High Tide” or the “Company”) (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis ... Read More