Chain Reaction

Ready to unlock the true potential of artificial intelligence in supply chain management? Join us as we embark on a thrilling journey to explore AI's role in predicting customer behavior, nudging them towards favorable decisions, mitigating risk, sensing market situations, increasing fleet efficiencies, and more. Learn how access to large data sets empowers AI to revolutionize industries and...

What if you could stay ahead of the curve with the latest global supply chain news, including the UBS Credit Suisse takeover and the Tata Group's lithium iron cell factory? This week on Chain Reaction, we've got you covered with a comprehensive news roundup that you won't want to miss. We discuss the challenges UBS Chief Executive Sergio Ermotti faces in the wake of the takeover, ex...

US Debt ceiling are we there yet? $31.2 Billion? G7 talks on AI regulation next week Hiroshima AI. Do we need international standards? My episode on AI and Supply Chains is out next week too, so drop by and listen to it. Price of Brent Crude falls to $73.6 this week. Are things levelling down? India imports 12 times more crude oild from Russia than just a year ago so what's going on? Shell ha...

Tony Hines talks about benchmarking your supply chain in this episode. Why is it useful to benchmark? What exactly do you benchmark or what are some of the problems and benefits in doing benchmarks? Benchmarking your supply chain is a useful tool for determining strategy. It allows managers to understand the supply chains through the numbers and the details gathered as part of the exercise, and yo...

Tony Hines discussed the proposed RISE Supply Chain Partnership discussed by the G7. The partnership – “Partnership for Resilient and Inclusive Supply-chain Enhancement” (RISE) – was announced in a meeting between G7 finance ministers and heads of the International Monetary Fund, World Bank Group, Organisation for Economic Cooperation and Development, and Financial Stability Board. This is a speci...

All things impacting global supply chains this week. Much of the news this week was about food security and what to do about it. Different interests see the problem differently. Consumers see a cost of living crisis, Farmers see increasing cost and reduced incomes. Large food processors see opportunities to extract more profit through higher process and lowering cost but smaller and medium sized p...

Tony Hines talks about making your supply chain efficient. Ask yourself a question. How do I improve efficiency in the supply chain and the sub question? Why is that important to do? Well, that's what I want to talk about today.. Improving cycle times and throughput in any supply chain is important. It's not only important to the supply chain itself, it's important to the business....

New Episodes Heading Your Way. AI and Supply Chains Supply Chain Skills How to Become A Better Supply Chain Manager Benchmarking Performance in Yours Supply Chain How to Make Your Supply Chain Efficient Last Mile Delivery Send us Fan Mail Support the show   THANKS FOR LISTENING PLEASE SUPPORT THE SHOW You can support the podcast by following the link here. It makes a big difference and helps us ma...

Tony Hines discusses what you can do to become a better supply chain manager. If you want to become that better supply chain manager here are some simple steps that you can follow to get there. Set Goals for yourself and your team Learn new skills to add to your skill base Gain experience to become more valuable Get certificates that validate your skills and knowledge Plan, prepare and be proactiv...

All things impacting global supply chains this week with Tony Hines. Iran seized an Oil Tanker bound for Huston with Chevron Oil on board. This is retaliation for the US seizing Iranian Oil from a tanker around the coast of South Africa as part of US sanctions. Tighter US rules UFLPA have hit Vietnam's apparel industry hard. Rail Freight data reveals a fall of activity on the west coast of th...

  This is the news Roundup, all things impacting global supply chains this week with Tony Hines. Well, the news this week is that the United Kingdom's inflation rate has fallen from 10.4% to 10.1 and its food prices that are keeping it high. Apparently, food prices have increased during the past year by 19.2% and anybody going to the supermarket will tell you.  Elsewhere in Europe, interest r...

Four episodes for May: How to become a better supply chain manager How to make your supply chain efficient Last mile delivery Benchmarking and Performance Pick the episode up on your favourite platform. Make sure you subscribe and you will be first to know when new episodes are available. Send us Fan Mail Support the show   THANKS FOR LISTENING PLEASE SUPPORT THE SHOW You can support the podcast b...

Tony Hines revisits the the Rana Plaza disaster 10 years on to ask has anything changed. Have supply chains developed a moral compass or could this happen again. Have you ever wondered what it means to have an ethical supply chain? Ethics is about doing the right things, and when we think about doing the right things, it's incumbent on each of us to make judgement calls on the basis of moral...

All things impacting global supply chains this week with Tony Hines President Joe Biden pays a visit to Ireland Serious security breaches in the US Brazil's President Lula visits China Farm fire in Texas kills 18,000 cows China imports copper from Russia China Central Bank Governor Yi Gang criticises friend shoring Feature on the global market for Electric Vehicles Amazon joins AI competition...

During the past forty years the number of consultants has grown worldwide. More organizations use consultants and the global industry is worth $250 billion. There is a symbiotic relationship between Business Schools and Management Consultants that maintains a steady supply of fresh graduates to a growing industry. An interesting question is to ask what role management consultants play in adding va...

In this Easter Special Edition Tony Hines takes a retrospective look at all things impacting global supply chains and identifies some key challenges for supply chain managers and the C suite. Many factors have disrupted global supply chains including: Geopolitics Inflation Energy Price Increases Climate change and droughts Shipping costs and container box prices Covid 19 pandemic Disruptions conti...

In this episode Tony Hines takes a look at superforecasting and AI and how it will change and impact the supply chains of the future. Super in this sense means better.  According to Phillip Tetlock superforecasters consistently make better predictions.  They do this avoiding bias, updating as new facts emerge and through their cognitive processes.  We examine how forecasts can be better by examini...

All things impacting global supply chains this week. Cause for concern that inflation is driving the movements in the banking sector at present. Two recent regional bank failures are at the mercy of central banks as they try to dampen inflation. Last week interest rates increased by 0.25 per cent. GlenFlat has created solutions to lowering cost of moving empty containers AI concerns have been rais...

April Episodes for Chain Reaction Advanced Information. Super Forecasting and Artificial Intelligence (AI) The Role of Management Consultants and Business Schools Ethical Supply Chains Send us Fan Mail Support the show   THANKS FOR LISTENING PLEASE SUPPORT THE SHOW You can support the podcast by following the link here. It makes a big difference and helps us make great content for you to listen to...

All things impacting global supply chains this week. Importance of labelling for cross border checks and quality control Brexit problems continue to disrupt supply chains in the UK adding additional costs and friction with added risks and reputational damage to many businesses Average inventories have increased for many businesses since the pandemic with higher risk and cost trying to make supply...

Tony Hines takes a look at key challenges facing global supply chains. Five strategic challenges are the focus for the discussions in this episode:- The move from analogue to digital supply chains - combining the digital and physical to serve customers efficiently and effectively.  Culture of supply chain organizations. Hines' 7V's - Value Creation Model Value in the supply chain is dete...

All things impacting global supply chains this week with Tony Hines. Shell CEO plans to keep oil for at least the next decade. Tomato imports into the UK suffer from supply chain friction. This has caused shortages on supermarket shelves. Delays to HS2 as costs rise. Many think this is a pull back from the levelling up agenda which is likely to impact of future economic advantages HS2 promised to...

Tony Hines talks about partnerships and power within supply chains and how it impacts arrangements. Partnerships in supply chains are essential to create effective and efficient systems. Nevertheless. How many supply chain partnerships work like we would expect? Many supply chain arrangements are partnerships in name only. The reality is that power of a dominant actor in any supply chain will redi...

Tony Hines with all things impacting global supply chains this week.  UK Government agrees a revised Northern Ireland Protocol avoiding borders on the island of Ireland and in the Irish Sea. This should reduce supply chain frictions that hampered the post Brexit trading arrangement.  Brent crude closed the week at $85.47 per barrel which is about 1 per cent up on the week. UAE denied rumours that...

We have four episodes in March which cover different aspects of managing supply chains and their impact on business. All Change asks if change is always a force for good. Partnerships and Power asks the question what impact does power have in supply chain partnerships. Five key strategic challenges for supply chain management. What impact has management consultancy had on supply chains, business a...