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The Role of Blockchain in SCM, with Examples

SCMDOJO

What is a supply chain management system (SCM)? When talking about SCM, we can elaborate it as integrating all dependent business activities, including resources and actors, to smoothen the workflow. It has made visible changes in the SCM systems. What difference is made by blockchain to SCM?

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Your supply chain is costing you money – Reason #5 Not having a supply chain risk management process

Kinaxis

by John Westerveld Reason #5: Not having a supply chain risk management process. Yet, a surprising number of companies (while they have traditional insurance) do not have a supply chain risk management “insurance” aka a supply chain risk management process.

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Supply Chain Resilience. Really?

Supply Chain Shaman

Source: Supply Chain Insights ASCM defines resilience in the SCM Supply Chain Dictionary as the ability of a supply chain to anticipate, create plans to avoid or mitigate, and to recover from disruptions to supply chain functionality. I am currently doing research on inventory management. Is this a risk to resilience?

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Innovative Approaches to Supply Chain Risk

Kinaxis

You have a supply chain risk management strategy in place. Many companies have accepted the need for Supply Chain Risk Management because they understand that just such a scenario could occur and if they are ready for it but their competitors are not, they have an opportunity to gain market share.

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Customer Experience and the Supply Chain

Enterra Insights

Customer Experience and Supply Chain Management. For some people, the relationship between supply chain management (SCM) and customer experience (CX) may not be evident. Esser observes, “You might think Supply Chain Management is a very different topic than [customer experience]. Improving CX by Improving SCM.

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Supply Chain Risk Management: Risks of Relocating a Business ‘China to Vietnam’

The Logistics & Supply Chain Management Society

Customer service, parts shortages, unprecedented inventory growth, and warrant management can actually take up internal sources and affect profit margins. One of the risks of outsourcing supply chain management (SCM), miscommunication by the partner company or a retailer from another country. Reduces overall costs.

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Why this is a great time to be a supply chain professional

Kinaxis

Tim started his career in supply chain management along with me. After about a decade, he took a different path and branched off from SCM. c) Internet of Things (IoT) is enabling proactive asset monitoring and risk mitigation along with precise inventory location tracking.