Here is a view from MIT in favor of transparency and traceability. I am strongly in agreement. You improve what you measure, right? And in supply chain, knowing what’s happening is the key focus on what you can improve.
While Companies Usually Fight Related Regulation, That View Maybe Shortsighted, Says Alexis Bateman
Source: Supply Chain News: Manufacturers Should Embrace Transparency and Traceability, MIT Researcher Says
This is a fascinating McKinsey study promoting the notion of a circular economy, one which focuses on trying to reduce the externalities in economic activity to build a more sustainable economic system. There are many good examples. You can also download the 98 page fiull report from the post.
Adopting circular-economy principles could not only benefit Europe environmentally and socially but could also generate a net economic benefit of €1.8 trillion by 2030. A McKinsey & Company article.
Source: Europe’s circular-economy opportunity | McKinsey & Company
Posted in Leadership, Macroeconomics, Strategy, Sustainability
Here’s a great video of trucks at the Port of Los Angeles and Long Beach. It outlines the many steps required to drop off and pick up a container. I especially like the Import Drayage Process Map about 40 seconds in; it reminds me of a bowl of spaghetti. The video is courtesy of PierPass. My friend Prof Chris Clott passed it on to me.
Supply Chain Digest Port Technology International Marine Link
