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Latest Posts
Extreme Weather & Supply Chain Resilience
Extreme weather can wreak havoc on supply chains and, based on the lates IPCC report, is likely to become more common. Companies can take several steps to prepare their supply chain for extreme...
AI on AI: Procurement
Artificial Intelligence (AI) is predicted to revolutionize corporate procurement by enhancing efficiency, decreasing costs, and quickening decision-making. AI can automate the purchasing process, optimize supply chains, help identify procurement risks, analyze procurement data for trends and optimizations, and manage contracts effectively. However, AI isn’t a substitute for human judgment and expertise and should be used cooperatively for optimal results.
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IPCC AR6 and the Supply Chain Management Climate Crisis
The U.N. Intergovernmental Panel on Climate Change’s final report warns of imminent catastrophic global warming. Calls for immediate transition away from fossil fuels and drastic cuts in GHG emissions are predominant. Nations and companies need to reduce not only their own emissions, but also those within their supply chains. Limited successes in Supply Chain Sustainability necessitate seeking expert assistance, such as that offered by New Dominion Consulting.
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