There can sometimes be confusion about exactly what the difference is between supply chain management and logistics. The two may seem similar, but they have different functions. Supply chain management is about the collaboration and partnerships to get the goods from raw material to the end consumer; it is about the partnerships and collaborations within…
Many people might wonder what the benefits of supply chain management are. Is it something that I should really look at for my company? The benefits of supply chain management include teamwork and collaboration, improved quality control, better efficiency and effectiveness, on-time deliveries, maximization of overhead costs, improved cash flow, risk mitigation, and shipping optimization.…
When speaking about supply chain management, it can get confusing to understand the difference between product procurement and product sourcing. Product procurement and sourcing can seem to be the same thing, but there are some differences. Product sourcing is obtaining or purchasing a product for your supply chain needs. Product procurement is the process that…
Knowing how to load a dry shipping container properly is very important for anyone looking to ship goods. To ensure your goods arrive safely, it must be loaded properly. A dry shipping container is a container that is used for 90% of all worldwide shipments. The dry shipping containers’ standard sizes are 20’, 40’, and…