SCM is the process of recording, storing, and using information gathered from suppliers who are involved in a company’s supply chain, with the goal of having an up-to-date understanding of network of ...
This guidance is aimed at medium to large organisations who need to gain confidence or assurance that mitigations are in place for vulnerabilities associated with working with suppliers. Please read ...
The most significant risk to today’s supply chain is the supply chain leader’s entrenched beliefs in historical practices. Functional excellence and enterprise transactional efficiency dominate the ...
In a 2018 survey of global supply chain executives, 21.8% stated that lack of visibility was the worst challenge they faced. The proportion for data management was the lowest, coming in at 1.3%, while ...
Toyota, a half century ago, pioneered the just-in-time strategy for supply chains—and was celebrated for its ingenuity and efficiency. With just-in-time processes in place, companies match supply with ...
Analyst Insight: After three years of pandemic-driven disruptions, supply chain executives in aerospace and defense are now developing their 2025 strategies, which must contend with high inflation, ...
In simpler B2B days, supply chains only had to grapple with forecasting demand and then tweaking supply to meet it. Now volatility is end to end, and supply chain planning extends beyond order ...
Large fashion brands and retailers are requiring product chain-of-custody documentation from suppliers at every tier by collecting transactional data as raw materials are transformed into a finished ...
In 2021, the waves of the pandemic started to quickly unravel supply chains across the world. Manufacturing plants slowed or even closed, ports experienced unprecedented back-ups, and transportation ...
Supply chains manage raw material to product delivery, crucial for global economy efficiency. COVID-19 exposed vulnerabilities in supply chains, emphasizing diverse sourcing and inventory control.
What is supply chain management and how does it work? Supply chain management actively streamlines a company’s supply-side operations from planning to after-sales services to enhance customer ...
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