Top Supply Chain Insights from 2022
As 2022 comes to a close, I’ve taken time to reflect on the 200+ content pieces that our industry experts here at Clarkston have generated over the past year. Below, I’ve highlighted just a few of our top supply chain insights for 2022. For all of our 2022 supply chain insights, you can read more here.
Top 6: 2022 Supply Chain Insights
1. Addressing the Baby Formula Shortage
Over the past few years, empty shelves were a common sight due to global supply chain disruptions and material shortages. This year, one particular shortage that caused significant concern and chaos for many Americans was baby formula, causing many parents and caregivers to scramble. This crisis, however, provided practical lessons on supply chain vulnerabilities for manufacturers and suppliers in the future. In this piece, Linda Plumley, director, and Madeline Smith, consultant, detail implications from this year’s baby formula shortage and outline recommendations for supply chain leaders moving forward.
Read About the Baby Formula Shortage
2. Objective Assessments for Your Supply Chain: Supply Chain Metrics and KPIs
Effective supply chain leaders encourage their organizations to continually assess their technologies, systems, and processes. Establishing supply chain metrics and KPIs (key performance indicators) can help your business take a holistic look at your supply chain, enable better decision-making, and improve overall productivity. So, when was the last time your company conducted an objective assessment of your supply chain? In this piece, Linda Plumley, director, explains the importance of establishing and assessing supply chain metrics and KPIs as part of your supply chain strategy.
Read About Supply Chain Metrics and KPIs
3. Supplier Management Best Practices: The Heart of The Supply Chain
As we continue to battle ongoing supply chain disruptions, material shortages, and inflation pressures, supplier performance is more critical than ever. As such, procurement leaders need to focus on strategies to optimize production and performance while also maintaining strong supplier relationships. In this piece, directors Stacey Erickson and Shane Partington outline five supplier management best practices and the importance of strategic procurement and strong supplier relationships in today’s increasingly complex and global supply chain.
Explore Supplier Management Best Practices
4. Deploying an S&OP Process Roadmap
A well-defined and strong S&OP (sales and operation planning) process roadmap is key to any organization looking to keep strategic priorities aligned across business functions. For companies in the life sciences industry, this is particularly important when looking toward expansion and growth opportunities. In this case study, Elizabeth McGuire, director, walks us through Clarkston’s work with a global pharmaceutical company that was looking for support in assessing and improving their S&OP process to drive improvement within their operations and provide better visibility and value to their customers.
5. Supply Chain Transformation with Change Management: Taking Stock with Sebastian V.
Any time that a business undergoes a transformation, strong change management efforts need to be considered. This holds true for supply chain transformations, too, particularly when implementing new supply chain planning tools or technologies that require people to adopt – and trust – new ways of working. In this podcast episode, Steve Rosenstock, partner, and Sebastian Valencia, partner, discuss the importance of strong change management initiatives to enable true supply chain transformation.
6. Global Supply Chain Impacts of the Russian Invasion of Ukraine
While still recovering from the impacts of the global COVID-19 pandemic, the world faced another widespread disruption in the form of international conflict. The Russian invasion of Ukraine caused significant impact to the global supply chain, as the two countries are key global suppliers for three of the world’s primary commodities: energy, agriculture, and metals. In this piece, Scott Shaw, principal consultant, outlines the global supply chain impacts of Russia’s invasion of Ukraine and recommendations on how companies can better prepare for and respond to global supply chain disruptions in the future.
Read About the Global Supply Chain
