How To Make Better, Faster Buying Decisions in Uncertain Times
How CPOs and CFOs can deploy fresh tools and tactics to improve their purchasing processes
X
Navigating the Cost-Plus World of Supply Chains: A Balance Between Resilience, Sustainability and Costs
Gain valuable insights into navigating the complexities of managing costs, resilience and sustainability.
Navigating the Health Care Supply Chain: Strategies, Technology and Best Practices
August 14, 2023 | Supply Chain Strategy read
The health care industry is a complex ecosystem that hinges on the seamless flow of medical products, equipment, and resources. As a result, the orchestration of an efficient and reliable supply chain can’t be anything less than a symphony. Health care supply chain organizations are always on their toes to ensure that medical products, equipment, and resources flow seamlessly with the ultimate aim to uphold patient care.
Demand Shaping Strategies That Will Boost Your Supply Chain
August 07, 2023 | Supply Chain Strategy read
Supply chains are at the heart of every successful company in a rapidly evolving business landscape. The ability to efficiently meet customer demands is crucial for the success of the supply chain. And as companies seek to influence customer behavior strategically through proactive approaches, there are emerging concepts such as demand shaping that are gaining popularity.
Let’s take a look at seven demand shaping strategies that can lead to increased profitability for supply chains.
Warehouse Management KPI: The Ones That Should Matter The Most
July 18, 2023 | Strategy read
Warehouse management plays a crucial role in ensuring efficient operations and customer satisfaction for any enterprise. And to keep things rolling and in order, warehouse managers face the constant challenge of optimizing inventory, streamlining processes, and meeting daily delivery deadlines while maintaining cost-effectiveness.
For effective management, it is essential to monitor warehouse management KPI for deep insights into the overall performance and success of warehouse operations.
How to Build a Resilient Supply Chain for the Apparel Industry
July 17, 2023 | Supply Chain Strategy read
Supply chain management in the apparel industry can be challenging and complex. Visit this blog to learn the strategies and technologies to overcome challenges, improve operational efficiency, drive profitability, sustainability, and customer satisfaction.
Building a China Plus One Supply Strategy for Rare Earth Elements
July 14, 2023 | Risk Management read
Rare earth elements are an integral part of green energy technologies. They are used in the manufacturing of wind turbines, fuel cells and hydrogen cells, rechargeable batteries, and magnets used in electric and hybrid vehicles. These elements are also used in defense technologies such as precision-guided munitions, targeting lasers, communications systems, airframes, aerospace engines, radar systems, optical equipment, sonar, and electronic countermeasures.
Combating Supply Chain Corruption: A Comprehensive Approach
July 10, 2023 | Supply Chain Strategy read
Unethical and illegal practices within the supply chain — such as bribery, fraud, and favoritism — lead to supply chain corruption. These underground activities not only dent the integrity of the supply chain but also lead to enterprises facing financial losses, reputational damage, and lack of customer trust.
The Secrets to Effective Retail Cost Management
July 05, 2023 | Cost Management read
Retail and food service sales in the U.S. rose 0.3% in May , on the heels of a 0.4% increase in April. So far, consumers seem to be maintaining their spending, despite the U.S. Federal Reserve’s interest rate increases and the potential for a future recession.
A Comprehensive Guide to Food Supply Chain
June 30, 2023 | Supply Chain Strategy read
The food supply chain is responsible for bringing food on everyone’s table. It comprises steps from the original source, the farmer, to the consumer, and the dinner table. This chain encompasses multiple stakeholders, including manufacturers, distributors and retailers.
This blog will discuss different models of the food supply chain, current challenges of the fourth supply chain and food supply chain best practices.