In the wake of a series of significant disruptions in the last few years, supply chain professionals and corporate decision-makers are searching for ways to build more resilient supply chains. This has led them to redefine what supply chains should…
As an automobile is viewed as a big-ticket item—seen as part investment, part necessity for daily life, and part consumer statement, the automotive industry must cope with one of the most complex supply chains in the world to meet demand.…
By utilizing supply chain software, companies can impact their value streams to unlock greater value from bottom to top. Value streams are the actions undertaken within a manufacturing or service company that drives customers to realize the worth of the…
To say that 2020 saw significant disruption in supply chains and supply chain planning would be an understatement. Not since World War II have both national and global economies encountered the level of stress, pressure, and magnitude in global upheavals…
With disruption such as COVID-19 rapidly shifting consumer tastes, market volatility, and human error, the threat of both overstock and stockouts is always present. On the one hand, companies strive to have enough stock available to manage their order position…
For companies considering the purchase of supply chain planning software, one major decision to be made up-front is whether to purchase on-premises or cloud-based software. Traditionally, on-premises software applications were the norm. These systems offered automation, advanced features, and the…
The Food Waste Reduction Roadmap Report of 2019 show that a third of food, which includes beverages, is wasted around the world. Further analysis of the ongoing waste across the food and beverage production chain in the United Kingdom highlights…
Part of being in this industry is looking out for new trends and staying on top of new technology. What should supply chain professionals be looking for in 2020? Artificial intelligence, machine learning, and big data. All of these trends…
The entire supply chain industry is changing rapidly due to digitalization. Supply & Demand Chain Executive said, “Now is not the time to double down on antiquated or entrenched processes. The supply chain industry is evolving at a rapid pace…
Businesses are investing in supply chain more and more, especially in track-and-trace technology. Supply Chain Drive reported, “Among industries spending on Internet of Things (IoT) technology, the track-and-trace sector is expected to have the largest spending growth — a 24.2%…