Strategic sourcing is a procurement process that allows businesses to create value while saving money. It can really give your company a competitive advantage by letting you find ways to save throughout the entire supply chain. Strategic sourcing can also help you reduce risks, since it can help supply chain managers identify financial, supply, quality, […]
Supply Chain
Freight Companies Find Ingenious Ways to Survive Covid-19 Crisis
There’s no denying that the growing threat of COVID-19 has had an adverse effect on a number of industries. Although freighting is among the industries to feel the sting, it’s managed to fare better than many other enterprises. Since grocery chains, gas stations, healthcare facilities and other essential institutions depend on the freighting industry to […]
3 Logistics Management Tips to Avoid Delays and Save Time
Have your goods ever arrived damaged or a few days later that it didn’t matter if they were here at all? Most customer complaints to delivery companies are associated with the late delivery and damaged goods. According to statistics, a customer is 78% likely to receive their products late, and 62% of customers are less […]
Want a Sustainable Supply Chain? Learn Tips to Make It Happen
Supply-chain sustainability rests on the idea that every step in the process of making a product matters. By definition, it is a holistic view of the social, environmental, and economic impact of supply-chain processes, logistics, and technologies. Although a sustainable supply chain is still a nascent concept, many established manufacturers are already attempting to incorporate […]
Reinvent Your Business!
Businesses that forgot to reinvent If only newspaper publishers, book publishers, record companies, and movie producers would have had the vision to see their future as we now see it, we might have become a digital society with much less disruption and loss of jobs than we have experienced these past years—and continue to experience. […]
How the Digital Supply Chain Will Change the Future of Manufacturing
A transformation of manufacturing supply chains is ushering in the fourth modality of logistics. To ground, air, and ocean, manufacturers can now add digital. The move to the digital supply chain—the power source for Industry 4.0—creates multiple opportunities for every company in every industry. But every revolution needs exemplars to help lead the way, and […]
3 Ways to Improve Communication in Your Supply Chain
Supply chains are wonderful at creating state-of-the-art products with the help of B2B companies across America. However, poor communication in one part of the chain can cause the entire system to topple like dominoes. Trust us — it’s not a pretty sight. So, when you’re a supply chain manager, maintaining clear communication channels within your […]
Your Product’s Supply Chain Hits More Countries Than You Realize
With the world becoming more connected, it’s time to think big, even if you’re a small business. Importing can allow businesses to keep costs low while maintaining quality, whether it be importing raw materials or components still to be constructed, or fully formed items ready for point of sale. The ability to export finished products […]
Supply Chain Management Sees a Great Future with the Internet of Things
Distribution and Logistics are being vastly affected by the Internet of Things and its ramification. But this is not a new concept of warehouses and distribution centers. The biggest roadblock to implementing the concept has always been the cost and return on investment, ROI. Now, the cost of making and RFID chip is well within […]
10 Ways Small Retailers Can Build a Successful Supply Chain of the Future
We are about to enter a new era of supply and demand but a number of global supply chains are not well equipped to face it. Although they are capable of handling high-volume, stable production at the present time, this may not suffice in the future. There awaits a perennial stream of worries for supply […]
