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Beginners Guide to Supply Chain Management

World of Procurement blog

At its most basic, a supply chain is a system consisting of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer. The supply chain not only includes the production of goods but also their storage and transportation.

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Beginners Guide to Supply Chain Management

World of Procurement blog

At its most basic, a supply chain is a system consisting of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer. The supply chain not only includes the production of goods but also their storage and transportation.

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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…

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

World of Procurement blog

Effective supply chain management (SCM) provides numerous benefits: Increased Profitability Efficient SCM reduces costs associated with production, inventory holding, transportation, and logistics. It eliminates waste and enables companies to manufacture products at lower costs.

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Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement

Una

This strategy aims to leverage local resources , reduce supply chain risks, and stimulate the domestic economy. Onshoring can involve relocating manufacturing facilities or sourcing products and services locally to support domestic suppliers and Made in America policies. Offshoring Offshoring is the opposite of onshoring.

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How to Address Counterfeit Parts in the Supply Chain

All Things Supply Chain

Consumers and businesses alike buy millions of counterfeit products every year, worth billions of dollars. These products pose a serious threat to the supply chain, not only in terms of…

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New Opportunities for Students in Supply Chain!

Supply Chain Game Changer

Finding and recruiting new talent is not business as usual for companies because the new normal demands are attracting digital talent to enhance the supply chain. E-commerce logistics. E-commerce and supply chain management will work together to help the company profit from the growing popularity of online shopping.