Supply Chain Management Archives - Page 53 of 54

Will Supply Chain Improve in the Near Future?

The Supply Chain Renaissance Has Begun!

We’ve been through a lot these past few years. After thinking we had operations under control with just-in-time supply chains, leaning out our processes and modernizing our IT systems, we got hit with geo-political tariffs, then shut-downs due to the Covid pandemic, shortages and backlogs, a fast shift to online commerce, omni-channel selling, and remote working just to survive.

Some industries were pummeled, and others never had it so good.

So, what have we learned from all of this, and what is our prognosis? Will Supply Chain improve? We’re still left with a mixed bag of options. Let’s look at where we are.

Featuring Our 12 Best Procurement Articles!

Featuring Our 10 Best Inventory Management Articles!

Procurement is a core function in every single company. Whether purchasing goods or services to support the company’s product offering or purchasing goods or services to support the infrastructure and operation of the company, Procurement is key and featuring our best Procurement articles is more than appropriate.

Depending on the type of industry you are in the Procurement of goods and or services can be the largest, or one of the largest, expense areas. As such the ability to efficiently procure goods to meet all objectives of cost, delivery, quality, and more is essential for not only success, but for survival.

In this “Featuring” series article we are putting the spotlight on Procurement and Purchasing. We are presenting our Top 12 best Procurement articles with information, techniques and approaches which will have something for everyone to learn from and apply in their own situation.

Junk Mail is Clogging the Supply Chain!

The Supply Chain Carbon Footprint Reduction Strategy

Every week I receive approximately 20 -25 pieces of physical mail in my mailbox. Amazingly, week after week only 1-2 pieces of that mail are actually bills or other items that I should be getting.

The rest is Junk!

That’s right 95% of the mail that I get is Junk and gets immediately thrown in the recycle bin.

But that Junk mail still takes resources to be made and distributed.

What an absolute waste!

What Exactly Is Supply Chain Management? 10 Different Definitions!

What Exactly Is Procurement? And What is Purchasing?

Get OUR

EBOOKS HERE

When I began my career there was no such thing as “Supply Chain Management“. Supply Chain was not a title to be found anywhere on any organization chart.

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more.

So what exactly is the definition of “Supply Chain Management”? Interestingly there are many views on how to define Supply Chain.

Truck Drivers are a Vital Part of the Supply Chain!

Truck Drivers – Unsung Heroes of the Supply Chain! (Infographic)

Take a quick look around your home or office and you’d be hard-pressed to find a product that has not seen the inside of a truck or delivered by truck drivers at some point in its existence.

In truth, many aspects of everyday life are made possible through the supply chain industry, with trucking alone responsible for 70% of America’s freight volume by weight. This is achieved through the hard work of truck drivers, the unsung heroes of the industry, who travel 430 billion miles per year hauling 10 billion tons of goods that people all need to live.

Manage Procurement Spend Like It’s Your Own Business!

Procurement and Procurement Spend. Purchasing. Commodity Management. Category Management.

They are all running their own businesses within their companies, or at least they should be, whether they realize it or not.

Goods and services spend in many companies is the largest, or one of the largest, expenses. And all of this is managed by Procurement personnel.

But do they manage this spend like it is their own business or do they manage it like it is just a functional job with transactional activities to be performed?

Using Blockchain to Solve Agricultural Supply Chain Issues!

How Farmers Can Boost Food Production! (Infographic)

Blockchain technology is usually directly linked to financial sectors, but it has a vast range of applications beyond cryptocurrencies. This technology can be used to transform several sectors, such as the health industry, agricultural industry, real estate, banking, and law.

With the advancement of digital media and the growing awareness amongst the youth, people want to know exactly where their food comes from. The rise in food adulteration may be one of the primary reasons why the desire to eat healthy, unprocessed, and organic food has increased recently.

The surge in such demands has resulted in agribusinesses searching for agricultural supply chain management options to improve food quality, safety, and traceability of the entire farming supply chain.

UK – China Huawei Rift Threatens Trade!

What is 5G? And What Does it Mean for Supply Chain? (Infographic)

The trade war between the US and China has already left a number of casualties in its wake, including Huawei, whilst also creating new fronts on which battles are being continuously fought.

This is borne out by the growing rift over technology brand Huawei, which has begun to impact throughout the west and created an opportunity for South Korea’s Samsung Electronics Co. to capitalise.

The UK is the latest country to order a long-term ban on Huawei and the removal of all branded kit from its 5G networks by 2027. The brand played a pivotal role in UK rolling out 5G technology nationwide last summer, but they’ve followed the example of the US, Australia and New Zealand amid fears that the Chinese government could be using the firm as a vehicle through which to spy on other countries.

This isn’t the only issue causing a rift between China and the UK, however, as trade relations between the two nations becomes increasingly strained. We’ll delve deeper into this below, while asking what the impact could be over time.

ERP in Supply Chain: Leveraging Pioneering Solutions for Streamlined Operations!

7 Key Phases of an ERP Implementation!

To stay successful, modern businesses must possess comprehensive knowledge of supply chain management. Yet, successfully navigating the intricate network of interrelated workflows and stakeholders can be overwhelming. Enter ERP systems for supply chain management, helping companies thrive and prosper.

Check out this must read comprehensive guide to ERP in Supply Chain.

Our 2023 Top 10 Articles!

Our 2022 Top 10 Articles (Part 2)

As we start our 7th year here at Supply Chain Game Changer, the number of ideas, articles, and the amount of content has never been greater.

We have emerged from the restrictions of the global pandemic of the last few years but the ramifications will still be felt for a long time to come. Significant advances in AI technology (eg. ChatGPT) reflect a realization of a part of our vision of the Digital Supply Chain of the future.

Here we present our 2023 Top 10 articles for the first half of the year.

For a Successful Business Improve Supply Chain!

The Supply Chain Renaissance Has Begun!

The Supply Chain is the unseen driving force behind any business. As such, for business success you must improve Supply Chain.

Over the years, it has changed due to technological developments, evolving from the manual processes using logistics and mechanization to the optimized, digital and automated mechanism of today. However, when it comes to business owners, it is often neglected in favor of focusing on other aspects of running a company.

The Hottest Supply Chain Jobs! (Infographic)

Supply Chain Compensation is on the Rise!

It’s an exciting time to be involved in the Supply Chain and for Supply Chain jobs. Across every industry, every geography and every country there are advances in Technology, the Internet of Things (IoT), Industry 4.0, Artificial Intelligence (AI), Blockchain and more.

But none of this can function without Supply Chain professionals. Your expertise and experience are the backbone of developing the strategies and action plans for making these evolutionary and revolutionary improvements .

The Exciting Use of Drones for Inventory Control!

Love at First Flight! Flying and Crashing My First Drone! (Video)

In my experience companies always had a need for Inventory Control and an annual inventory count during which all operations were shut down for at least 2-3 days. Even then there would a period during which records were being reconciled before operations could resume normal function.

On top of the annual inventory count there were ongoing manual cycle counts throughout the entire year. Dozens of people and departments were involved in this necessary, but extremely expensive, inventory controls requirement.

With the introduction of commercial drones for inventory management the potential for revolutionary improvements is very exciting.

Supply Chain Disruptions Impacting Student Residence Construction in Canada!

Top 10 University Supply Chain Management Programs

The construction industry in Canada is facing a formidable challenge as supply chain disruptions continue to reverberate across various sectors. One of the notable sectors feeling the impact is the construction of student residences.

As the demand for student residence housing remains high, navigating these disruptions has become crucial for stakeholders involved in providing accommodation for the growing student population.