In many industries, globalization has resulted in the consolidation of suppliers and increasingly interdependent Supply Chains. Globalization has increased efficiencies and economies of scale, but it has led to decreased …Read More
In many industries, globalization has resulted in the consolidation of suppliers and increasingly interdependent Supply Chains. Globalization has increased efficiencies and economies of scale, but it has led to decreased …Read More
The manufacturing industry is foundational to today’s modern global economy. Without an efficient, high-performing manufacturing sector, life would not be the same today. However, manufacturing, among other industries, …Read More
S&OP is a business management process that involves sales forecast reports, planning for demand and supply, and other factors. The goal is to help companies get a better, more clear look at their operations and create …Read More
Sales, Inventory & Operations Planning (SIOP) is a dynamic process in which the company’s operating plan is updated on a regular monthly or more frequent basis. The plans take into account projections made by the sales and …Read More
An important lever for modern organizations. Sourcing is a key component of your Supply Chain – perhaps the most important part. As companies are navigating an increasingly turbulent yet robust economic climate, …Read More
For businesses on the outside looking in on this development, it might be difficult to understand how strategic sourcing methodologies differ from other long-established procurement practices.Read More
Are 21st-century supply chains worth as much to manufacturers as the capital they invest in them? Here are a few indicators of supply chain spending may require significant retooling very soon: 1. Optimization efforts that show no …Read More
When negotiating payment terms with suppliers, manufacturers must pay special attention to avoiding risk. A balanced supply contract ensures a mutually beneficial agreement between both parties, but if the language concerning …Read More
The Freight Debate: How should businesses approach freight spend management to achieve the greatest results? When businesses suffer from high operational costs, they don’t start by making indiscriminate cuts to balance their …Read More