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The Role of Blockchain in SCM, with Examples

SCMDOJO

Here, we’ll discuss how it becomes useful for SCMs and what are some blockchain supply chain examples. Understanding Supply Chain The production industry uses a variety of procedures to serve its consumers through the market; all these activities can be covered under one umbrella term: supply chain.

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Vendor vs. Supplier: how to Distinguish and Manage

Precoro

In 2020, the global Supply Chain Management market was valued at $15.85 And is expected to double by 2026. Efficient SCM starts with a well-managed network of suppliers and vendors. Suppliers are placed at the supply chain's beginning and provide goods or services to the companies for further processing.

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Addressing Labor Shortages in Warehouse and DC Operations

NC State SCRC

The American Trucking Association expect a shortage of roughly 70,000 truck drivers in 2019, which will increase to 175,000 by 2026. Contingent workforces are also a trend occurring in the general industry, as a study by Intuit showed that by 2020, 43% of the American workforce (7.6M) would be independent contractors (contingent workers).

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