article thumbnail

What is Supply Chain Management? A Guide to Success

SCMDOJO

Logistics and Transportation: Logistics and transportation play a crucial role in ensuring the smooth flow of goods from suppliers to customers. This includes selecting the most efficient transportation routes, managing carrier relationships, and optimizing transportation costs.

article thumbnail

7 Critical Supply Chain Management Trends for 2023

Zycus Cognitive Procurement

We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond. Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk.

professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

Here’s how companies are using different strategies to address supply chain management and meet their business goals. Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics.

article thumbnail

Adapting Supply Chains to the Digital Retail Revolution

SCMDOJO

This emerging trend, known as e-SCM or Electronic Supply Chain Management, is gaining relevance. Recent research indicates that 60% of respondents already utilize digital supply chain analytics and visualization platforms, while 31% are currently implementing them. #4

article thumbnail

Chat GPT Take on Procurement Leadership

Procurement Templates

While these steps may vary depending on individual circumstances and career goals, here are some general guidelines: Acquire education and knowledge: Obtain a relevant education in areas such as supply chain management, procurement, logistics, or business administration.