Supply Chain Management’s Five Components What are the elements that makeup supply chain management? We can’t talk about these elements without first discussing supply chain management. The ever-increasing importance of supply chain management (SCM) within procurement is reflected in the rising supply chain management (SCM) software market. In reality, the market for supply chain management […]
What is the impact of COVID-19 on the supply chain?
What is the impact of COVID-19 on the supply chain? COVID-19, on the other hand, has had a truly global impact, with many supply chains experiencing multiple fractures – at component suppliers, manufacturing sites, and in the “last mile” to the customer. It is difficult, if not impossible, for firms to maintain efficient supply chains […]
The World’s Top 5 Supply Chains
The World’s Top 5 Supply Chains A supply chain is one of the center pieces of a company’s success. In this article, we take a look at which companies are adapting, and staying ahead of the game as a result. An efficient and responsive chain will keep costs down, and safeguard against any shocks, giving […]