There’s no question that every company is reeling from supply chain issues right now. Lead times on equipment have quadrupled, even quintupled. What used to take two or three months can now take more than a year—or even two.
Supply Chain (3)
Few operations are immune to today’s supply chain headaches. Whether securing products or critical equipment, operations of every type are facing higher prices and longer lead times. And with no immediate relief in sight, the saying “make the most with what you got” rings truer than ever.
It's the second edition of The Supply Chain Roundup! We created this newsletter to curate the most valuable and innovative takes on supply chains, logistics, and material handling. If you'd like to sign up to get it monthly via email, please subscribe!
5 Ways to Turn Material Handling Financing into a Competitive Advantage During a Supply Chain Shortage
Forklifts and how they are paid for and managed may seem like a straightforward, run-of-the-mill operation for a company. But in reality, how a company makes decisions about forklift financing can drive productivity, safety and cost structures across your production facilities and warehouses. Done right, it can become a competitive advantage in today’s age where it is supply chain vs. supply chain.
Welcome to the first edition of The Supply Chain Roundup! Supply Chains, Logistics, and Material Handling are changing so fast it’s hard to keep up. There’s a firehose of information blasting at us every day--so we’ve curated the most interesting and valuable things we read into this monthly roundup. If you’d like to sign up to get it monthly via email, please subscribe!
As we all know, the pandemic has taken a toll on many businesses. If you’re facing pressure to slash costs, you’re not alone. And, if you’re like most execs, you’ve pored over your supply chain costs, looking for cost-cutting opportunities. It’s great that most companies have eliminated waste from their line items—unless your annual review rests on cutting costs. Then, it can feel like you’re trying to squeeze blood from a stone. The upside is that there are effective ways to take the fiscal sting out of the supply chain--you just have to know where to look.