As an important channel between the global supply chain and the economy, wholesale distribution companies move behind the scenes, finding and distributing needed goods to their customers across the globe. However, the recent coronavirus pandemic has challenged these organizations with the impact of unpredictable demand fluctuations, disruptions in the supply chain, and increased workforce health and safety issues, all of which have placed an incredible strain on business-to-customer relationships.
Winter storms and other strange weather patterns have affected at least one-third of the United States in recent years, with hurricanes and blizzards being among the most cited weather experiences. These extreme weather events have taken a toll on utilities, who have struggled to keep services available to all customers. Aging power grids, maintenance expenses, and the need for upgrades on legacy equipment are putting utilities at a great cost disadvantage as they strive to keep things running smoothly. In some areas of the country, utilities have been taken to task for higher than usual billing of specific populations during extreme weather events.
Collaboration is an essential part of any architectural, engineering, and construction (AEC) project. Most projects require significant teamwork among a group of diverse professionals and their support staff. With so many information-dense projects, constant — and accurate — communication is a key strategy to ensure projects are completed on time and within budget.
Sustainability has moved front and center in the business world, with educated consumers expressing a preference for companies that embrace sustainable practices. Even major enterprises such as Walmart are bending to the wishes of consumers by making sustainability pivotal to their business’ core values. From there, every company along the supply chain that supplies Walmart was affected, including those that print signage, labels, packaging, and more.
Lean manufacturing — or the process of eliminating unnecessary waste and increasing productivity — is a tool that manufacturers wishing to be at the forefront of competition in the coming years must have to be successful. Fine-tuning workflows at all levels of business, from operations to human resources, is a critical aspect of improving company agility and the ability to rise above. Fortunately, new resources have provided a plethora of tools to assist manufacturers in optimizing their business processes, such as:
As with all industries, the engineering profession has felt the impact of the coronavirus pandemic, both fiscally and operationally. In addition to these challenges, the pandemic accelerated the move to a digital transformation, although the engineering and construction (E&C) sector is lagging behind in adopting these technologies.
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Consumers are beginning to demand that the companies they work with support a more sustainable environment as the climate crisis continues to drive the corporate responsibility agenda forward.
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