Tag: Supply Chain Management
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Aligning Your Supply Chain With Your Business Strategies
Many businesses look at their business strategies but do not give their supply chains the same care; they do not see the supply chain as an essential part of their business. The Supply chain and the business strategies are some of the most important strategies a business can have. A business should look to align…
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Analysis Of Three Key Flows In Supply Chain Management
Working in the supply chain can be highly complex as many different parts and pieces must be together for the supply chain to work efficiently. Three main key flows should be considered in supply chain management. The three critical flows in supply chain management are material or product, information flow, and financial flow. All of…
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11 Reasons To Be Part Of The Global Supply Chain
In college, I never thought I would make my career part of the global supply chain. I did not know or understand what the global chain was, There are many great reasons why you may want to consider becoming part of the global supply chain. Everything from the opportunities you will have to be at…
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When Retailers And Vendors Do Not Coordinate Their Supply Chain Management
Retailers and vendors must find ways to coordinate their supply chain management. If they do not do this, it can mean a loss for both the vendors and retailers. When retailers and vendors do not coordinate their supply chain management, there can be chaos in the supply chain that can affect everyone. What happens in…
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Can A Supply Chain Be Both Efficient And Responsive?
If there is one thing that many of us have learned through this COVID era, it is how difficult the supply chain can be. The worldwide supply chain has been turned upside down; it is appropriate to ask if a supply chain can be both efficient and responsive. Yes, a supply chain can and should…
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Modern Supply Chain Vs. Traditional Distribution Channels
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…