Articles
Supply Chain Management
Supply Chain Management: Definition and Process
Supply Chain Management (SCM) is a critical backbone of any thriving economy, acting as the arterial network that ensures products move efficiently from production to the hands of the consumer. Within this domain, SCM is a dynamic and evolving field, essential for seasoned industry professionals and ambitious newcomers shaping their careers. A study by PwC […]
Read MorePort of Savannah Boosts On-Port Rail Capacity and More News
Products • The new Movu Robotics line offers a range of products, including atlas pallet shuttles, escala bin shuttles, and ifollow autonomous mobile robots for pallets and roll cages that work either stand-alone or as collaborative robots. Movu Robotics provides automation solutions for warehouse applications such as storing, conveying, picking, and handling. • Storopack’s new […]
Read MoreSMEs Optimistic for 2023 Holiday Season Despite Supply Chain Challenges
A new DHL survey shows SMEs are optimistic about their 2023 holiday season prospects.
Read MoreShipment Speed and Size: Why It Matters
The 2023 holiday season outlook is a bit more “merry and bright,” according to a recent DHL survey of 800 U.S. small and mid-sized enterprises (SMEs), as respondents anticipate an increase in ecommerce buying activity over last year. Overall, the survey findings suggest that while challenges—such as inflation and supply chain disruptions—persist, a majority of […]
Read MoreTransloading vs Cross Docking: Definitions, Advantages, and How to Choose a Service
Navigating the complexities of the supply chain can be daunting for businesses looking to optimize their shipping performance. At the heart of a modern supply chain are services like transloading and cross-docking, which are vital for moving shipments efficiently. Understanding the differences between these services and how they can enhance or hinder your operation is […]
Read MoreWhat Is Sustainable Materials Management? Types and Benefits
In a world rapidly adapting to green initiatives, the concept of sustainable materials management (SMM) is gaining prominence. It is a systemic approach to using and reusing materials more productively over their entire life cycles. SMM represents a key shift in how society thinks and deals with materials. By focusing on the importance of conserving […]
Read MoreOperations Management vs Supply Chain Management: Their Key Similarities and Differences
In the dynamic worlds of business and manufacturing, efficiency, effectiveness, and improvement are key. One aspect where this becomes evident is when analyzing operations management vs supply chain management. Though distinct, these two integral components of business management are often intertwined, each playing a crucial role in ensuring that businesses operate smoothly, products meet quality […]
Read MoreGOOD QUESTION: What’s One Underrated Skill in Supply Chain Management?
From composure to the ability to handle objections, these skills may not be part of curriculums but they make for great supply chain managers.
Read MoreHow to Navigate Your Supply Chain During Market Swings
Market conditions play a crucial role in shaping challenges professionals face when managing their organization’s supply chains. While bear markets are known for their economic uncertainty and declining stock prices, bull markets are characterized by investor optimism and rising asset values. Both markets present unique hurdles that supply chain professionals must adeptly navigate.
Read More10 Tips for Boosting Ecommerce Efficiency
There are endless opportunities for smart businesses to capitalize on the growing ecommerce trend. Processing high volumes of small parcels, however, requires flawless operations at every step of the supply chain to ensure maximum profitability.
Read MoreSupply 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 in […]
Read MoreTAKEAWAYS: Shaping the Future of the Global Supply Chain
What does the current landscape of corporate sustainability efforts look like? Here’s a glimpse at top challenges for emissions reduction initiatives and other supply chain trending topics.
Read MoreEnterprise Resource Planning: Definition, Benefits, and Challenges
Struggling with managing your business operations efficiently? You’re not alone – about 25% of organizations implement Enterprise Resource Planning (ERP) to increase their efficiency. This article will guide you through the myriad facets of ERP, its benefits, vulnerabilities, applications, ERP meaning, and much more. It will also show you how to define ERP and highlight […]
Read MoreAsset Management is Everyone’s Job
When it comes to keeping the supply chain as efficient as possible, asset management is a vital priority that mustn’t be overlooked. Keeping careful track not only of goods, but of the shipping containers and platforms needed to transport these goods, should be everyone’s responsibility.
Read MoreVertical Integration: Definition, Examples, and Advantages
Companies can choose many business strategies to meet their supply chain and logistics needs. Each approach has advantages and disadvantages. The best method depends on a company’s specific needs, goals, and circumstances. Vertically integrated corporations, like those in the booming field of vertical aerospace, are giants with a grip on multiple stages of their production […]
Read MoreBullwhip Effect: Example, Causes, and Impact on Supply Chain
The supply chain ensures that raw materials, parts, and finished products are delivered to customers promptly and efficiently. However, the supply chain is a complex system that various major factors, such as changes in demand, production delays, or supply chain disruptions, can easily disrupt. The bullwhip effect is one of supply chain management’s most significant […]
Read MoreUniting a Fragmented Supply Chain Ecosystem to Harmonize Operations
Recent history has exposed the glaring weaknesses in our supply chains networks. One issue and it all comes crashing down like a house of cards. Resulting in expensive quick fixes to save the day. It’s time to build supply chains that are resilient, customer centric AND cost-effective. That’s what senior management is demanding. How do […]
Read MoreYour Supply Chain Reality in 5 Years: What ChatGPT Can’t Tell You
We asked our readers: How will supply chain management transform in the next five years? Here are the three major transformations supply chain managers can anticipate. 1. Adoption of advanced supply chain technology will be a major source of competitive advantage for companies. Platforms that improve human decision making and asset management will be areas […]
Read MoreIN BRIEF: New Services and Solutions
Products The new EFFER iQ.950 HP heavy loader crane from Hiab, part of Cargotec, lets operators perform a wide range of vertical and horizontal lifting jobs safely and precisely at high speeds. The multipurpose crane’s dimensions and weight make it suitable for installation on several trucks. The nestable Retail E5.3 order picking pallet from Cabka […]
Read MoreSupply Chain Education Kindles New Skills
Eager to turn the page on disruption and upheaval, supply chain programs bookmark critical skill sets and help prepare future leaders and logisticians.
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