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What is Supply Chain Management? A Guide to Success

SCMDOJO

Sign Up for SCMDOJO Pro Membership Importance of Effective Supply Chain Management Supply chain management is not just about moving products from point A to point B – it’s a strategic approach that encompasses the entire network of processes involved in delivering goods and services to customers.

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Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks.

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How Do Companies Name That Price? A.I. Can Help

Supply Chain Brain

It’s that latter quality that applies to data-heavy disciplines such as pricing. Such a quality is of increasing importance to organizations today, given the rapid pace of global commerce. On one hand, A.I. can generate “expert systems” that seek to replicate the knowledge of seasoned veterans in a given field.

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Analyzing Product Costs: A Question of ‘What If’

Supply Chain Brain

In addition to obvious elements such as the price of materials and labor, the correct decision must take into account such factors as weather, tariffs and border taxes, political and economic instability in source countries, and the impact of travel restrictions and visa charges on global talent.

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Food Waste and World Hunger – The Food Supply Chain is Broken! (Videos)

Supply Chain Game Changer

Video Source: [link]. Consumers are the biggest source of food waste in developed countries as they discard at least 20-30% of what they purchase. And problems in harvesting, quality standards, storage, shipping costs, and handling all create food waste. Table Source: [link]. ” Source: [link].