Guide to Supplier Relationship Management
Supplier relationship management (SRM) is a systematic approach to evaluating, managing, and partnering with suppliers that provide goods, materials, and services to an organization. Falling under the larger supply chain management...
How to Minimize Cost of Quality Through Prevention
Every manufacturer is familiar with quality issues but very few realize the true cost of quality (COQ), much less how to reduce the pressure it places on margins.
That’s not to say...
Automating Procurement and Supplier Relations to Alleviate ESG Concerns
It is no secret that procurement executives are constantly seeking innovative ways to maximize efficiency and address unexpected supply disruptions. With a war raging in the Ukraine, ongoing COVID restrictions in...
What is Supply Chain Management? Importance & Benefits
Supply chain management (SCM) is essential to any business strategy. Negative effects wreak havoc, impacting customer satisfaction and ROI. Facets of this broad field include demand planning, inventory management, logistics, acquisitions...
4 Steps to Streamline Global Shipping
For global manufacturers, managing logistics across various locations, countries and regions, as well as carriers, is no easy task. Add to that the fact that disruption has been ever present the...
The Major Benefits of Multi Carrier Shipping Software
Multi Carrier Shipping - An Introduction
UPS, FedEx and other parcel carriers spend large sums of money advertising that all of your parcel shipping needs can be satisfied by one provider. In...
2023 MFG Outlook: Empowerment, Retention and Labor Productivity
This is not an article about COVID (thank god). What we are seeing now in the economy are the systemic aftershocks. The Great Resignation and national security concerns have fundamentally altered...
Auto Supply Chain Prophets Podcast Wrap-up: Eps. 16-20
If you haven’t yet listened to or read about them, take a look at our wrap-up blogs covering episodes 1-5, episodes 6-10 and episodes 11-15 of the Auto Supply Chain Prophets...
What If My Organization Doesn’t Want to Change?
Many organizations have difficulty changing even when change is crucial. In an academic article by Polites and Karahana entitled “Shackled to the Status Quo”, the scholars explain how individuals fear organizational...
A Guide to Supply Chain Software Risk Management
Understanding Supply Chain Software Risk Management
Every industry faces unpredictability on any given day. Supply chain risk analysis is designed to combat small hiccups leveling up to more dangerous threats, like cybersecurity....