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Subscribe to SupplyChain Game Changer. The SupplyChain Renaissance Has Begun! Strategies to improve your SupplyChain article and permission to publish here provided by Claire Glassman. The supplychain is a significant part of your overall businessstrategy and inventory management.
Supplychainvisibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supplychain. By having a clear view of their entire supplychain, businesses can identify potential issues and take steps to mitigate them.
Companies of all sizes have been capturing the value from Global SupplyChain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. delivery reliability”), but is that really “supplychain thinking”?
What is a customer-focused supplychain? Having a customer-focused supplychain essentially means meeting the customer on their terms, rather than making them settle for yours. In this article we’ll cover the following areas of customer-driven supplychainstrategy: The importance of a customer-driven supplychain.
Subscribe to SupplyChain Game Changer. Procurement and Sustainability are your business’ Yin and Yang. At the crossroads of sustainability, technology, and the broader supplier base lies smart, sustainable, and scaling supplychain growth; growth that comes with a balance of people, planet, and profitability in mind.
You’d be hard pressed to find a major industry today that isn’t talking up blockchain as a cure-all for the ills of global supplychains. The idea of a virtual, distributed ledger that can serve as an indelible system of record for any number of business transactions between supply-chain partners — well, it’s irresistible.
The goal, says Bonanni, is “to make the Bangladesh apparel sector transparent, and be recognized globally as official.” Given the many tiers of suppliers that make up a typical global supplychain, it’s not always easy to confirm the identity of the ultimate brand or retailer for which a given item is being made.
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