Most supply chain managers realize the importance of transparency, but finding the best ways of achieving it can be a difficult task. A recent study from the University of Tennessee Haslam College of Business’ Global Supply Chain Institute examines six practices that can help businesses leverage supply chain transparency to maximize profits. Here is a … Read moreWhat Are the Best Supply Chain Transparency Practices?
While many supply chains have managed to achieve cost efficiency, a lot of them are failing to make progress when it comes to end-to-end operating capabilities. Here is a look at a few of the problems that hold up the supply chain maturation journey. Stuck in Silos Despite recent advancements, many supply chains still find … Read moreObstacles to Successful End-to-End Supply Chain Capabilities
As we look ahead to 2017, logistics and supply chain expert Steve Banker has outlined the trends he believes will be most relevant. Writing in Forbes, he predicts that the changing political atmosphere and improvements in automation will be two key points to keep an eye on moving forward. 2016 held a lot of surprises, … Read moreWhat Supply Chain Trends Will We See in 2017?
No company wants to fall victim to hacking, yet many firms fail to take the necessary precautions to keep risks to a minimum. Focusing on securing your own weak points is essential, of course, but you also need to take a look at the entire supply chain to ensure there are no vulnerabilities. Weak points … Read moreSupply Chain Often “Weakest Link” for Hackers to Exploit