Uphold Sustainability Goals with Supply Chain Digitization
In today’s world, sustainability has become a top priority for businesses across all industries. Companies are increasingly focused on reducing their carbon footprint, conserving natural resources and promoting social responsibility. One...
How Does Inflation Affect Supply Chain Profitability?
The COVID-19 pandemic exposed vulnerabilities in supply chains around the world and the dust has never settled. Positive cases have been on a downward trend but supply chain disruption shows no...
Auto Supply Chain Prophets Podcast Wrap-up: Eps. 21-25
If you haven’t yet listened to or read about them, take a look at our wrap-up blogs covering past episodes of the Auto Supply Chain Prophets podcast.
Season 1 of the Auto...
Recession-proof Supply Chains with FTZs
Despite the efforts of governments around the world to curb inflation and stabilize economies, a recent study by the World Bank suggests that 2023 could likely see a global recession. Supply...
What 4 Issues Are Keeping Supply Chain Leaders Up at Night?
The recent Supply Chain and Logistics (SCL) Hub in London was a welcome return to one of my personal favorite supply chain events – and good timing too! The ongoing disruptions...
Managing and Reporting Inventory in a Foreign-Trade Zone
Some things simply seem too good to be true. Given the long list of FTZ benefits, including saving on Merchandise Processing Fees (MPF), reducing or eliminating duties, taxes, and tariffs, and...
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...
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...