What Does the Next Gen Supply Chain Look Like?
The future is here. Technology continues to advance by leaps and bounds in many arenas, including supply chain planning and management. Throughout the supply chain challenges of the past couple of years, from shortages in truckers to strikes and inventory shortages, technology has continued to grow by leaps and bounds, increasing the way many businesses […]
5 Transportation and Supplier Trends We’re Keeping Eyes On
The supply chain, like so many other things in the world, is changing. Technology has increased exponentially over the past couple of years, and the supply chain has become increasingly complex. Transportation issues have abounded for the past several years, frequently compounded by current events and the unique circumstances surrounding the last year. Having the […]
The Importance of Supplier Diversification
Your supply chain relies on multiple factors to keep up the steady stream of goods you need for your business. Whether you’re bringing in raw materials or finished products, you need to know that everything will arrive to the right location, on schedule, to keep your business flowing smoothly. Unfortunately, disruptions happen all too often. […]
Are You Thinking About the Chinese New Year Yet?
Throughout the year, there are a number of seasonal challenges that you have to plan for in order to ensure that you can keep your supply chain flowing smoothly. However, there are challenges you may not think to account for as you plan for potential supply chain delays, particularly if they are not common events. […]
7 Ways To Improve Your Strategic Sourcing in 2023
Strategic sourcing for your products and raw materials has become increasingly important, especially with supply chain challenges continuing across the country and around the world. Not only that, but strategic sourcing can also help decrease your overall costs, make it easier for you to keep inventory flowing, and improve your ability to keep up with […]
Inventory Based Businesses and Product Development Strategies
Any time you create a new product, you need a product development strategy that will help you bring your new product to your target market and ensure that you have the right inventory on hand to help you manage your product. With the right, most effective product development strategy, you can do a better job […]
7 Ways Supply Chain Planning Software Improves Operations
Having the right supply chain planning software in place in your business can improve a number of operations. Some of those improvements may seem obvious. Others, however, become more apparent when you put those processes to work in your business. Does your business need supply chain planning software? If you want to see these critical […]
Supply Chain Trends to Watch for 2022
As the Great Supply Chain Disruption continues to roil the global economy in 2022, the imbalance of supply and demand caused by Covid-19 is likely to continue as more businesses battle empty shelves, labor shortages… etc. However, developments like the increase in digital procurement and reshoring, which have heightened due to the recession, are ultimately […]
Seasonality and Supply Chain Management: A Memoir
Many people expect supply chain issues during the winter holidays. However, supply chain issues may vary by season–and there may be more of them than you expect. Not only have more people and businesses than ever become aware of potential supply chain challenges throughout 2021, when Covid-related disruptions have caused challenges across the globe, there […]
6 Tips To Build Supply Chain Resilience
There are few things more satisfying to a business than having plenty of orders coming in and shipping out. Every order that goes out represents increased revenue. But all it takes is one unexpected event to clog up the supply lines and all that motion halts. The world experienced this firsthand when COVID-19 hit back […]