article thumbnail

Beginners Guide to Supply Chain Management

World of Procurement blog

Making : The manufacturing step where raw materials are converted into finished products. Delivering : Also known as logistics, this phase involves transportation, warehousing, and delivery to customers.

article thumbnail

Beginners Guide to Supply Chain Management

World of Procurement blog

Making : The manufacturing step where raw materials are converted into finished products. Delivering : Also known as logistics, this phase involves transportation, warehousing, and delivery to customers.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement

Una

The primary motivation for nearshoring is to benefit from cost savings while maintaining cultural and logistical proximity, which can reduce risks and enhance collaboration. Proximity to customers can be a key consideration, along with consumer willingness to pay more for Made-in-America products.

article thumbnail

Niger Coup Heightens Worries Over France’s Uranium Reliance

All Things Supply Chain

In the Sahel region of Africa, political instability and corruption has run rife since decolonisation from European nations. Arbitrary borders were drawn without the consideration of who they will affect.…

article thumbnail

How will the Geopolitical Climate affect the Microchip Supply Chain

All Things Supply Chain

The microchip industry’s value to the global economy is almost unquantifiable owing to the fact that it facilitates other key industries that our society holds in high regard. Industries such…

article thumbnail

Navigating the Complex Supply Chain of the Diamond Industry

All Things Supply Chain

Behind the sparkle and allure of diamonds, however, lies a complex and multifaceted supply chain that spans… The diamond industry has long been associated with luxury, beauty, and timeless elegance.

article thumbnail

Supply Chain Weekly Wrap-Up 08/04/2023-08/10/2023

All Things Supply Chain

GM blames supplier for EV production delay General Motors (GM) CEO Mary Barra disclosed that issues with an automation equipment supplier have caused unforeseen delays in the company’s electric vehicle…