article thumbnail

Mastering Agility and Resilience in Your Supply Chain

SCMDOJO

The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

article thumbnail

The Agile Supply Chain! Why Agility is Trumping Lean!

Supply Chain Game Changer

Check out 10 Signs You Should Reboot Your Lean Program! The modern supply chain grows increasingly complex with each passing day. The digitization , focusing on fundamentals and change , augmented reality , artificial intelligence , and many other factors are transforming how the supply chain functions.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Key Trends and Themes for Supply Chain and Logistics in 2024

SCMDOJO

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. Ignoring industry trends poses the risk of being left behind by more agile competitors. And we know that numbers don’t lie. Or at least that’s what we think.

article thumbnail

History and Evolution of Supply Chain and Logistics

SCMDOJO

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. Rider (1970)).

article thumbnail

DDMRP: The future of managing supply and demand?

Skill Dynamics

If you go into any supermarket, you’ll be faced with tens of different varieties – from regular to travel size, charcoal, Pokemon and more – as brands endeavor to meet evermore exacting consumer requirements. Historically, organizations have relied on material requirements planning (MRP) to help them manage this process.

Demand 52
article thumbnail

The Future of Procurement

Una

Now, CPOs and their procurement teams look to invest in more secure supply chains, addressing increased volatility in consumer demand and responding to the changing ways people work (i.e., A consumer-centric procurement process. The resilience of global supply chains is under attack. Is that all?

article thumbnail

Lead Time – The Ultimate Guide!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Consumers’ willingness to wait to receive their orders has dwindled significantly in the past half-decade. Each element of your supply chain has its own lead time. Consumers expect fast delivery, so shortening the time from customer order to delivery can increase your sales.