Articles

Supply Chain Management

Supply Chain Risk Management: Definition, Examples, and Strategies

Supply Chain Risk Management: Definition, Examples, and Strategies

  In an interconnected global economy, smooth supply chain operations are crucial to business success. Yet, with myriad variables and dependencies, supply chains are exposed to many potential disruptions and all types of supply chain risks. Enter supply chain risk management. Supply chain risk management is a strategic approach to identify, assess, and mitigate risks […]

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Value Stream Mapping: Definition, Benefits, and Implementation

Value Stream Mapping: Definition, Benefits, and Implementation

Value stream mapping (VSM) is a powerful tool in logistics and supply chain management. It allows you to visualize material and information flows, helping you identify waste and find opportunities for improvement.  In supply chain management, value stream mapping is essential. You can understand how raw materials and information move through your processes. This includes […]

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Are Supply Chain Managers Running the Company?

Are Supply Chain Managers Running the Company?

Supply chain managers are playing a greater role in directing company operations and creating shared enterprise value as silos between suppliers and customers start to come down. Technology plays a part in opening those pathways because it cuts across company barriers. Third-party logistics (3PL) providers promise to do the same by cutting across inter-company barriers […]

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