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'What is the definition of supply chain management? Despite the popularity of this concept, there are considerable confusions among the practitioners. Because, each professional organization has its own version of the definition. In this article, we will show you 6 attributes that will make you understand more about the meaning. 1) It''s a network Many companies have the department that controls various activities within the supply chain.
'In January 1971, Fordham University Rams played an NCAA basketball game against the then mighty University of Massachusetts Redmen team. The game was played in Amherst, at the legendary arena known as the Cage. UMass, at the time, was almost unbeatable and hadn’t lost a game at The Cage for almost 2 years. They were led by none other than the famous Julius Erving – Dr.
'Operations Management is a subject taught in business school anywhere in the world. However, classic textbooks seem to have the same teaching approach, content outline and even case studies. Then this article will show you what operations management really is, why it''s important to supply chain professionals and 10 books that inspire some of the world''s business leaders.
'What is the definition of supply chain management? Despite the popularity of this concept, there are considerable confusions among the practitioners. Because, each professional organization has its own version of the definition. In this article, we will show you 6 attributes that will make you understand more about the meaning. 1) It''s a network Many companies have the department that controls various activities within the supply chain.
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
'Operations Management is a subject taught in business school anywhere in the world. However, classic textbooks seem to have the same teaching approach, content outline and even case studies. Then this article will show you what operations management really is, why it''s important to supply chain professionals and 10 books that inspire some of the world''s business leaders.
'By Chris Ferrell. Director, Tompkins Supply Chain Consortium. Retailers are paying close attention to labor disputes threatening to bring a stop to imports coming in to West Coast ports. They are anxiously awaiting (and hoping for) a successful dock worker agreement between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA).
'It’s interesting how a small mistranslation can drastically change the intended meaning of a word or phrase. While the result can often be humourous, that’s not always the case. A few years ago, a news report came out of China stating that they were going to put an end to pegging the renminbi (China’s domestic currency) against the U.S. dollar and instead allow it to float.
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'It’s interesting how a small mistranslation can drastically change the intended meaning of a word or phrase. While the result can often be humourous, that’s not always the case. A few years ago, a news report came out of China stating that they were going to put an end to pegging the renminbi (China’s domestic currency) against the U.S. dollar and instead allow it to float.
'The pharmaceutical landscape continues to morph at a rapid pace, and participating companies are having to develop ever more sophisticated supply chain processes and strategies in order to deal with ongoing changes in demographics, urban migration, increasing demand for healthcare, shifts toward age related disease patterns, and a rising health awareness across the population.
'What does the phrase ‘get local’ mean to you? No, it doesn’t mean ‘get local’ while traveling or ‘get local’ in your neighborhood. It’s a call to action for supply chain leaders everywhere. From a supply chain perspective, ‘get local’ means meeting your customers’ final delivery demands—from personalization to speed of delivery (and everything in between).
'This part three in a series of posts. In part one , I introduced the concept of “process robots”, and showed how they are already being deployed within supply networks to automatically do the work. In part two, I showed how process robots can be used to match supply and demand across a global supply network. Today I want to show how with advances in platform as a service (PaaS) and cloud infrastructure, there has been significant progress in permission based access and data level security, whic
'Over at Bloomberg View, Cass Sunstein has a great piece on a new study that provides insight into the behavior of today’s consumer. The central question is why do we buy brand name products instead of the cheaper store brand? For the first time, we have solid answers, thanks to a study by Dutch economist Bart Bronnenberg of Tilburg University and three colleagues from the University of Chicago.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
'Since 1999, when Alibaba first started their marketplace of Alibaba.com, it has been clear that the Chinese company has a strong passion for the U.S. With the recent news of Alibaba going public, some are surprised that they selected the New York Stock Exchange (NYSE) over NASDAQ, that the ticker symbol will be “BABA” and in my view, puzzled as to why the date and price of the IPO will involve the numbers “8?
'Over at Bloomberg View, Cass Sunstein has a great piece on a new study that provides insight into the behavior of today’s consumer. The central question is why do we buy brand name products instead of the cheaper store brand? For the first time, we have solid answers, thanks to a study by Dutch economist Bart Bronnenberg of Tilburg University and three colleagues from the University of Chicago.
'Global supply chain is a very challenging subject in supply chain management because it involves different customer''s requirement, more complex operations/collaboration and unforeseen risks. Then this article will show you 6 basic strategies that many world''s leading companies use to capture the value in globalization. 1) Outsourcing Volkswagen Group has the goal to offer safe but attractive cars consists of a broad range of product categories such as, - Sporty cars such as Audi and Lamborghi
'How many of you have heard of Alibaba, the Chinese e-marketplace? Alibaba is the fastest growing e-commerce company in the quickest growing market in the world. I recently sat down to discuss how Alibaba is changing the way supply chains are viewed in the U.S.Here are the top 6 reasons why you need to watch The Alibaba Effect : Alibaba does 80% of the online business in the largest e-commerce market in the world.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
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