When companies sell goods to customers, a supply chain is involved that impacts all aspects of the business. Many people believe that supply chain management is nothing more than supplier management. While this is indeed a big part of the job, there is actually a lot more to it than that. Supplier management entails negotiating … Read moreWhat Elements Make up Supply Chain Management?
A concerning new survey has found that many firms have “significant room for improvement” in terms of supply chain management. According to the survey, which was carried out by Grant Thornton LLP on behalf of the National Association of Manufacturers (NAM), many manufacturers are neglecting to address the potential issues in their supply chain that … Read morePoll Finds Supply Chains Not Ready for Change
Big-box retailers count on coordination with hundreds of manufacturers in order to keep their stores stocked with the goods that people seek. It is easy to imagine how complicated of a task this might be, but one technology has made the process a lot smoother. The Global Data Synchronization Network (GDSN), which was launched back … Read moreGDSN a Vital Part of Supply Chain Communication
Businesses that put a lot of investment into sound logistics can see tremendous success. Logistics actually originated with the military, where the term was used to describe the process of delivering supplies and weapons to troops, which is something that often took place under dangerous circumstances and across challenging terrain. When applied to business, it … Read moreThe Right Logisticians Can Help a Business Thrive