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How New Supply Chain Technologies Are Boosting Efficiency

ShipBob

But today, these technological advancements are becoming a reality and transforming the logistics industry. With on-demand logistics on the rise (due to high standards and expectations around accurate, fast, and reliable delivery), technology continues to play a tremendous role in supply chain efficiency.

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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution.

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Supply Chain Governance Is Essential to the Ethical Business

Logility

Institute supply chain governance fueled by data that only a modern platform can offer. When it comes to supply chain sustainability, responsible organizations don’t just talk – they act by creating a governance structure. Governance of your supply chain is not the same as managing it.

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3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Is cost reduction all that there is in measuring Supply Chain performance? 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Isn’t time important?

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Building a Circular Supply Chain

TransAudit

Today’s supply chains are still mostly linear, taking raw materials from the planet, using them, and disposing of them when they no longer have value. Supply chains at a consumer goods company, for example, make up about 80% of the company’s greenhouse gas (GHG) emissions. What Is a Circular Supply Chain?

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Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation

ivalua

Procurement should identify key stakeholders, understand their needs, and communicate the benefits of any new technology before defining roles, responsibilities, and decision-making frameworks. Process: Blueprints for Success This process workstream focuses on blueprinting existing processes, policies, and metrics.

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11 supply chain management best practices

Taulia

Accordingly, by increasing supply chain efficiency, businesses can improve their ability to meet customer expectations, build resilience against supply chain risks, and enhance their working capital position. Successful supply chain management (SCM) is one of the most effective ways to increase supply chain efficiency.