Articles

Supply Chain Management

Enterprise Resource Planning: Definition, Benefits, and Challenges

Enterprise 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 […]

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Bullwhip Effect: Example, Causes, and Impact on Supply Chain

Bullwhip 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 […]

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Your Supply Chain Reality in 5 Years: What ChatGPT Can’t Tell You

Your 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 […]

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