The main elements in supply chain management are planning, sourcing, producing, distribution, and reverse logistics. Of these processes, transportation has a significant impact on the productivity and efficiency of your supply chain operations. It gets your products and services into…
Warehouse automation offers multiple benefits from a more productive workforce to potentially faster service delivery. The right warehouse management solutions can transform your warehouse into a well-oiled machine, allowing you to improve the quality of your customer service without adding…
Understanding key industry terms is essential in an age where effective business management relies heavily on making informed, strategic decisions. Two such terms are supply chain and value chain, which are closely related yet distinct. While both involve a network…
Is your supply chain strategy costing your business productivity and profit? The movement of goods is essential for any business, but inefficiencies can lead to high costs, lost sales opportunities, and decreased customer satisfaction. You can learn how supply chain…
For operations and supply chain managers, visibility into the entire supply chain can be essential in achieving optimal results. Visibility brings a world of benefits that extend far beyond mere tracking and traceability — from logistics optimization to better decision-making…
Forecasting is a vital part of effective supply chain management (SCM). Understanding what customers need before they order ensures you always have the right inventory levels. Forecasting also plays a crucial role in financial planning, scheduling operations efficiently across multiple…
According to the Federal Reserve Bank of New York, supply chain pressures are easing. These pressures have been a key factor in driving inflation and also impacting companies’ ability to sell through to customers. Still, global uncertainty, challenges with capacity,…
When all of your assets are used efficiently for their lifecycle, you can significantly improve the total cost of ownership. Yet, for many organizations, a lack of data and asset strategy are hurdles. There is also often a silo mentality…
Many companies have undertaken efforts to reduce their energy usage and put in place policies to support environmental initiatives within their organization. However, those efforts represent only a fraction of the possible environmental impact. Fundamental change requires an in-depth analysis…
Whether you're a Tier-n supplier or an original equipment manufacturer (OEM), efficient warehouse operations are critical to maintaining profitability. Misplaced inventory and bottlenecks lead to costly delays in filling orders, potentially resulting in lost clients. That makes warehouse layout planning…
