Articles
Supply Chain Management
How to Unlock Opportunity With a Procurement Control Tower
With market volatility and sky-high inflation driving shifts in the price of oil and other commodities, it’s not surprising to see businesses adjust sourcing and inventory strategies in anticipation of future roadblocks. Plus, with consumer demand softening, many companies that largely over-indexed on orders last year are now sitting on a surplus of supply.
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Capacity Planning: Meaning, Strategies, and Process
Capacity planning is an excellent way to increase corporate productivity. Capacity planning helps you identify potential areas for growth, which boosts investment returns, and maintains good employee morale. Planning your resource capacity is helpful when you manage several projects because it improves your chances of accomplishing them on schedule and within budget. Using capacity-based planning […]
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Supply Chain Strain: How to Navigate Disruption
Now that we’ve been in a pandemic for more than two years, it’s funny to look back at our optimism at the beginning. We expected brief supply chain interruptions and thought that things would be back to normal in a few short months. Then we realized it could drag on for a year or more. But almost three years?
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Keeping the Supply Chain Running in Ukraine
Since 2020, the business landscape has been full of crises for 3PLs operating in Europe. First a worldwide pandemic, now a war between Russia and Ukraine. Keeping a supply chain operating efficiently is challenging in the best of times, but how can companies best respond during game changing disruptions? Yuriy Ostapyak, a Ukrainian-born U.S. citizen and COO for Logistics Plus joined the Inbound Logistics podcast to discuss his company’s response to these challenges.
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The Future of the Supply Chain is Cloudy
We hear a lot about the cloud these days. The cloud (public or private) refers to software and services that run on the Internet instead of locally on your computer. There is a good chance that the majority of business data will eventually reside in the cloud.
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Blanket Purchase Order: Definition, Benefits, and When to Use
A Blanket Purchase Order is a legally binding agreement between you, a buyer, and a supplier who has come to a long-term deal to deliver goods or services for a specified period. But what does that actually mean? What are the benefits of using this kind of agreement? And when is a good time to […]
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Materials Management: Definition, Process, Benefits
Materials management is an aspect of supply chain management and planning. The primary purpose of materials management is to ensure that manufacturers have all the raw materials they need to make goods. Materials management also focuses on ensuring that no components are wasted and optimizing inventory maintenance and management. While materials management requires understanding what […]
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Acing the Back-to-School Season
These stats on school supplies reveal getting straight A’s in back-to-school supply chains is a yearly test.
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“Make, Move, Sell” Companies Shift Business Models: Necessity Begets (Re)Invention
With the adage “necessity is the mother of all invention” as a guide, businesses are embracing change and cultivating innovation in response to continued supply chain turmoil.
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Supply Chain Leaders Reconfigure Distribution Networks
Given everything that has transpired across the globe over the past two years, supply chain leaders are evaluating and executing changes to their supply chain/distribution networks as well as their sourcing and manufacturing strategies.
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