cost of quality, COQ, quality prevention

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...
ESG, automation, procurement

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...
supply chain management, desk

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...
global shipping, streamlined shipping, compliance, automation

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...