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The Supply Chain Management Playbook: Your Game Plan for Operational Success

World of Procurement blog

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Optimized supply chains lead to improved profit margins.

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It’s Time to Rethink Supply Chain Risk Management

ivalua

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. Loss of sales and market share are the most visible and measurable impacts. Supply chain disruptions, and the reactions to them, do more than simply reduce profits today.

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Visibility Matters to Supply Change Management Improvement

Supply Chain Collaborator

For manufacturers wanting to avoid idle production lines, up-to-the-minute visibility into inbound logistics is crucial. For retailers, up-to-the-minute visibility into inbound logistics makes the difference between quick fulfillment/replenishment (for happy customers) and loss of sales to hungry competitors.

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Featuring Our 12 Best Change Management Articles!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. But even the best leaders know that any goal that they are trying to achieve will inevitably mean some level of change. They need Change Management. This all requires Change Management, or as we prefer to say, Change Leadership. Subscribe Here!

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Top 10 TikTokers to Take Off your Supply Chain

SCMDOJO

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

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The AI Advantage: Unlocking New Value for Procurement Teams

World of Procurement blog

Spend Analysis and Classification with AI AI and machine learning are transforming spend analysis and classification, providing procurement teams with unprecedented visibility into organizational spending. One of the biggest challenges in procurement has been gaining visibility into exactly where money is being spent across the organization.

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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)).