The COVID-19 pandemic has caused significant shifts in how companies manage their supply chains, with three major changes emerging. First, reshoring is becoming a dominant trend, with companies shifting production and manufacturing to domestic locations from overseas factories to reduce risk and maintain business continuity. Companies are also investing in digital technologies to improve visibility and transparency along their supply chains. Finally, firms are becoming more flexible in their supply chain management by diversifying their sources of supply and holding more inventory. These shifts are likely to have a significant impact on the way goods are produced, distributed, and consumed in the years to come, with government policies playing an important role in managing the impact of these changes.
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Did forced labor produce that shirt? Northeastern project will connect human rights violations to corporate supply chains
Forced labor is often unidentified and unaddressed in global supply chains because international production networks are complex and obscure. Many companies are not actively tracing their supply chains beyond the first or second tiers, leaving out the complete picture of the origin of their raw materials.
The U.S. Food and Drug Administration is considering a major change in the way COVID-19 vaccines and boosters are given. Northeastern experts say it would streamline the process for the public and suppliers.
Global economy 2023: COVID-19turned global supply chains upside down – 3 ways the pandemic forced companies to rethink and transform how they source their products
Distinguished Professor of Supply Chain Management, Nada Sanders, speaks to theconversation.com about the global supply chain.
Price cap on Russian oil is experimental, but Russia won't get away unscathed, Northeastern expert says
Additional sanctions and a price cap on seaborne Russian crude oil demonstrate the EU and G-7's noteworthy determination to find an end to the war in Ukraine, a Northeastern expert says, and a complete embargo on Russian oil might follow.
Holiday gifts already delivered, but rail strike would be catastrophic in other ways, Northeastern expert warns
Most gifts are already in stores, but a rail strike would impact the holiday season in a more devastating way, says Nada Sanders, distinguished professor of supply chain management at Northeastern. Prices and access to items needed for everyday life would be directly impacted.
South Carolina conference spotlights D'Amore-McKim research on sustainability and global supply chains
The 2022 Frontiers in International Business Conference, hosted by the Darla Moore School of Business in Charleston, South Carolina, featured a keynote talk and numerous session presentations by notable D'Amore-McKim faculty and one rising star undergraduate student.
President Joe Biden celebrated Thursday a tentative labor agreement that averted a strike of U.S. freight trains. But the crisis has not yet been averted, warns Nada Sanders, distinguished professor of supply chain management at Northeastern.
A new supply of baby formula will bring much-needed relief to families across the country. While it's not a quick solution, Nada Sanders of Northeastern says, it's a great first step.
The pandemic, along with the war in Ukraine, caused supply chain issues that led to some ingredients and packaging materials becoming less available. How do we prevent it from happening again? Northeastern faculty weigh in.