You might be feeling the squeeze of a recession right now as it's affecting companies globally. The supply chain has been no exception and is seeing an array of consequences, from exacerbated cost issues to increased distribution risks. Companies must rethink traditional strategies, such as inventory...

It's 2023 and the future of the supply chain is far from certain. With multiple geopolitical conflicts and economic pressures, inflationary trends, climate change weather events increasing in intensity, and the potential for new disruptions emerging, supply chain operations are set to remain volatile. This...

The supply chain is made up of several aspects such as the following: procurement sourcing raw materials manufacturing productions shipping, receiving, storing, and fulfilling managing reverse logistics (returns and exchanges) The goal of a supply chain is to become as efficient and operate...

The supply chain is defined as the system where a supplier and a company work together to deliver a product to a consumer. This would include the people involved, the materials needed for the production of the items, the storage facility, the marketing for the item, and the distribution and delivery...

The supply chain is a vital part of many businesses. It is key to the success of a company and customer satisfaction. It is an elaborate process that can reduce costs, and make a business more efficient. While machine learning and AI can improve the forecasts and demands, forecasting and delivery...

Coronavirus has disrupted a lot of things in every industry. The supply chain has also been greatly affected by the pandemic. When this virus first came out in the news, never would we have expected that things will escalate to where we are now.  The rapid spread of the virus has affected everyone...

Did you know that inventory management errors top the list of 20 supply chain risks that concern original equipment manufacturers (OEMs) the most? According to research by EPS News, which provides the latest on electronics purchasing and the supply chain, the list was “gleaned from the SEC filings...

If you’re not yet familiar, the supply chain is made up of an interconnected network of businesses and departments that are involved with every step of the process of bringing a product to market. In other words, it involves everything from production and packaging to distribution, inventory and,...