Articles

Supply Chain Management

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 […]

Read More
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 […]

Read More
Collaboration and Connectivity Have to Come Before Technology

Collaboration and Connectivity Have to Come Before Technology

Supply chain disruptions are at an all-time high, so it’s no surprise that technology designed to solve problems is plentiful. It should be. With pressure on everyone in the supply chain, we need tools like digital bookings, automated invoicing, and instant integration of data into transportation management systems. Let’s give thanks for technology, because nine times out of 10, it makes a difference.

Read More
Near Sourcing: Definition, Benefits, and Drawbacks

Near Sourcing: Definition, Benefits, and Drawbacks

Near sourcing is a business strategy that has become increasingly popular in recent years. It involves shifting production and services closer to the point of sale or consumption rather than relying on global supply chains. It can offer numerous advantages such as reduced shipping costs, faster delivery times, and improved environmental sustainability; however, there are […]

Read More