When looking at the supply chain, many people ask themselves the difference between modern and traditional supply chains. This is because, over the years, supply chain management has undergone many changes. The traditional distribution channel, or the traditional supply chain, is what many of us think about when we think of a supply chain; it…
If someone is looking to open a home decor store or sell products online, they might wonder where I can find all that fantastic merchandise I see around. Do I need to manufacture and make it myself, or how do I find things to sell? Home decor stores have three primary ways to find the…
Six Sigma is a term many people have heard; they may not know exactly what it means. Many organizations wonder if Six Sigma is really all it is hyped up to be or a farce. Six Sigma is not a farce because many aspects of the Six Sigma methodology and process help an organization become…
Disruptive innovation is one of those business terms that people are talking about today. This is because disruptive innovation can affect the very survival of a business. Disruptive innovation is the process of when a new or smaller company sees an opportunity to enter and compete in an underserved or new market. The incumbent business…