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Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. They need strong SCM practices to help work out the logistics of transporting goods across long distances and through multiple countries without creating longer lead times or delays.

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4 strategic sourcing use cases to strengthen your supply chain

IBM Supply Chain Blog

Organizations may also choose to vet each supplier to ensure their own sustainability practices align—from the suppliers of raw materials for production to those who provide shipping boxes. Near-sourcing, in addition to lowering emissions, also cuts transportation costs and delivery times.

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Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

Supply Chain Visibility. Supply chain visibility is another critical issue. Visibility provides regulatory and consumer assurance in the face of issues like counterfeiting. And many consumers and advocacy groups are sensitive to the environmental impact of products or raw materials that may be harvested using forced labor.

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The Role of Blockchain in SCM, with Examples

SCMDOJO

It comprises all elements from the origin (the raw material) to the consumption networks (end users). Initially, these were managed manually, but the intrusion of digital technologies revolutionized it. It has made visible changes in the SCM systems. All this data has a timestamp.

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The Ultimate Guide to Contract Logistics: What You Need to Know

SCMDOJO

Depending on the specific needs of the client, the scope of contract logistics can range from managing individual aspects of the supply chain to offering full end-to-end solutions. They play a crucial role in the supply chain by ensuring the availability of raw materials or finished products for transportation.

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Post Pandemic Stress Disorder in Supply Chain!

Supply Chain Game Changer

And even with the approval of vaccines the poor initial rollout suggests that it is going to be a long time yet before we can go back to some state of normal. All of this has had to be done under immense pressure, with unwavering time constraints, under lockdown conditions, and under all social distancing and pandemic guidelines.

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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. Customers receive orders on-time without backlogs.