Very interesting segment, especially for those studying logistics!
Showing posts with label Logistics. Show all posts
Showing posts with label Logistics. Show all posts
Monday, June 5, 2023
Wednesday, November 17, 2021
#757: Freight Expectations: What Caused America's Supply Chain Crunch
A very interesting and comprehensive explanation of our current supply chain challenges.
Sunday, May 9, 2021
#740: America's Microchip Problem - 60 Minutes 5/2/21
Click here to load this fascinating segment from 60 Minutes on what many consider our top supply chain problem as we emerge from the pandemic - a shortage of manufacturing capacity in the US for semiconductor chips.
Saturday, January 2, 2021
#726: Grocery Trends for 2021
This article from the Washington Post offers up some interesting comments on manufacturing and supply chain as the grocery industry continues to respond to pandemic conditions. You may be required to register for a free WaPo account which allows for a minimal number of articles to be viewed each month.
Monday, August 31, 2020
#716: Another Morning Brew Article - This Time It's Inventory Management
From 8/14/20
We Made Too Much |
Francis Scialabba
Months after the pandemic slowed retail to a standstill, brands are still struggling to move mountains of unsold inventory. Like the unfolded laundry pile staring at me as I write today, this mess has layers. The backstory: Retailers ended up with 525,600 minidresses largely because inventory forecasts didn’t predict the pandemic. And retailers often produce more than they can sell.
The temporary solution: Brands are flocking to donation services to offload the goods they haven’t sold this summer, the WSJ reports.
It’s a charitable choice, but it’s also to circumvent a controversial alternative: destroying inventory. A famous example? Burberry’s 2018 admission that it burned $37 million of unsold goods. Shoppers and government agencies in some markets have stepped in to demand cleaner practices, but they’re not uniformly enforced across nations or even within large companies.
Another alternative: If retailers can’t get their orders in order, they can also sell inventory to off-price retailers like T.J. Maxx. But concerns about diluting their brands’ value makes this option less attractive. My takeaway: If retailers only produced what their customers truly wanted, the inventory glut would shrink. Now that the pandemic’s revealed the worst-case scenario for excess inventory, some brands may be convinced to create smaller batches at the outset. |
Wednesday, July 22, 2020
#706: COVID-19 Leads to Major Nationwide Disruptions
Click here if video fails to load. This video is a great example of how our view of supply chain has shifted due to changes in demand. JIT isn't quite as great as we used to think it is/was!
Wednesday, June 10, 2020
#702: Why Brands Like Oreo Are Cutting Back on Wacky Flavors Right Now
Click here to read this short CNN article.
Friday, May 15, 2020
#700: The Daily Show Segment with Scott Blubaugh
This segment represents an intersection of ACC 202 with economics and history. Interesting comments on JIT! Click here if video fails to load. This segment represents one point of view. I don't expect you to agree with it, but I ask you to consider it thoughtfully and recognize where you might agree and where you might disagree, particularly with regard to anti-trust legislation.
Friday, January 3, 2020
#669: Delivery Dilemma: Americans Are Ordering More, But US Can Only Handle So Much
Click here
to read this article from NBC News.
to read this article from NBC News.
Sunday, December 15, 2019
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A provocative segment from 60 Minutes explains why health care costs have become so exorbitant. Watch CBS News Videos Online
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While more of an academic discussion of the importance of controlling health care spending, this Book TV segment is well worth watching sin...
