Skip to content
Search AI Powered

Latest Stories

OUTBOUND

Sorry, folks. This is not normal

It’s time to reject the trope of the “new normal.” We are clearly living in a new abnormal, where the old rules of business no longer apply.

You see it every day: Someone pulls into a parking spot, hops out of the car, and heads for a nearby store or office. When they get within a few feet of the entrance, they stop, turn, and, muttering some choice words under their breath, head back to the car to grab the face mask they (once again) left hanging from the rear-view mirror.

Admit it. You’ve done it yourself. It is a near-daily occurrence in what we’ve come to regard as the “new normal.” But here’s the thing: Nothing about this is normal. We are not living in a “new normal.” No, we are clearly living in a new abnormal!


Comparatively speaking, the need to remember your mask is small potatoes given the other challenges we face in 2020. But it serves as an ongoing reminder that things are different—and not at all normal.

Consider the start of the school year. Rather than gathering in classrooms, kids across the country are learning remotely or on a hybrid remote/in-class basis. We’ve largely stopped traveling. A trip to the grocery store has become a special occasion, as we go far less frequently and stock up when we do. We spend most of our time at home, rather than dining out, socializing with family and friends, or attending movies and concerts. The list could go on and on, but the point is the same: This is not normal, new or otherwise.

Then there’s the human toll. As of Sept. 16, 29,610,479 Covid-19 cases had been confirmed in more than 227 countries and territories, and on 26 cruise and naval ships. There were 8,572,150 active cases. The death toll stood at 935,898. And the pandemic is far from over.

Part of the tragedy is that much of this could have been avoided. Public health experts have warned for years that a pandemic of this scale was inevitable. But we didn’t listen, and because we didn’t listen, we were woefully unprepared. You need only look at the chaotic patchwork of local, state, and federal government responses—and the disastrous results—for evidence of that.

In the midst of the chaos, both businesses and consumers have adapted—typically by using technology to eliminate or reduce the need for interpersonal contact. The technologies they’re using aren’t necessarily new; many existed long before the pandemic hit—think teleconferencing or contactless payment. But with the onset of Covid-19, an urgent need for all things “virtual” arose, greatly accelerating the technologies’ adoption.

While these adaptations were initially viewed as interim measures, it’s becoming increasingly clear that many are here to stay. An obvious example is e-commerce, which exploded during the lockdowns when retail stores were shuttered, and is now expected to retain much of that new business post-pandemic.

And it’s not just our collective embrace of digital commerce. Visits to doctor’s offices will be replaced in many instances by telehealth medical care. Rather than heading to the cinema or concert hall, many of us will opt for streaming online entertainment. Instead of commuting to the office or school, we will work (and learn) remotely.

That techno-trend is playing out in the world of logistics and supply chain management as well. Orders placed online will soon be delivered by robots and drones. Payment methods will be digital and contactless. Some orders will even be fulfilled by home-based 3D printers, a technology whose time has finally come. The driving technologies of the so-called Fourth Industrial Revolution, like blockchain, the internet of things, and big data, will lead to improved supply chain accuracy, agility, and resiliency.

For businesses, the path to success in the “new abnormal” seems clear. The winners will be those that quickly embrace the changes, adopt the right technologies, and recognize that their “normal” business practices will no longer cut it in a world that is anything but.

The Latest

More Stories

U.S., U.K., and Australia boost supply chain defenses

U.S., U.K., and Australia boost supply chain defenses

The U.S., U.K., and Australia will strengthen supply chain resiliency by sharing data and taking joint actions under the terms of a pact signed last week, the three nations said.

The agreement creates a “Supply Chain Resilience Cooperation Group” designed to build resilience in priority supply chains and to enhance the members’ mutual ability to identify and address risks, threats, and disruptions, according to the U.K.’s Department for Business and Trade.

Keep ReadingShow less

Featured

MRO experts call for greater focus on business risks

MRO experts call for greater focus on business risks

A new survey finds a disconnect in organizations’ approach to maintenance, repair, and operations (MRO), as specialists call for greater focus than executives are providing, according to a report from Verusen, a provider of inventory optimization software.

Nearly three-quarters (71%) of the 250 procurement and operations leaders surveyed think MRO procurement/operations should be treated as a strategic initiative for continuous improvement and a potential innovation source. However, just over half (58%) of respondents note that MRO procurement/operations are treated as strategic organizational initiatives.

Keep ReadingShow less
Oracle says AI drives “smart and responsive supply chains”

Oracle says AI drives “smart and responsive supply chains”

Artificial intelligence (AI) tools can help users build “smart and responsive supply chains” by increasing workforce productivity, expanding visibility, accelerating processes, and prioritizing the next best action to drive results, according to business software vendor Oracle.

To help reach that goal, the Texas company last week released software upgrades including user experience (UX) enhancements to its Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) suite.

Keep ReadingShow less
U.S. shoppers embrace second-hand shopping

U.S. shoppers embrace second-hand shopping

Nearly one-third of American consumers have increased their secondhand purchases in the past year, revealing a jump in “recommerce” according to a buyer survey from ShipStation, a provider of web-based shipping and order fulfillment solutions.

The number comes from a survey of 500 U.S. consumers showing that nearly one in four (23%) Americans lack confidence in making purchases over $200 in the next six months. Due to economic uncertainty, savvy shoppers are looking for ways to save money without sacrificing quality or style, the research found.

Keep ReadingShow less
CMA CGM offers awards for top startups

CMA CGM offers awards for top startups

Some of the the most promising startup firms in maritime transport, logistics, and media will soon be named in an international competition launched today by maritime freight carrier CMA CGM.

Entrepreneurs worldwide in those three sectors have until October 15 to apply via CMA CGM’s ZEBOX website. Winners will receive funding, media exposure through CMA Media, tailored support, and collaboration opportunities with the CMA CGM Group on strategic projects.

Keep ReadingShow less