Articles
Supply Chain
Not So Sweet: Expensive Cocoa’s Lesson on Supply Chain Resilience
Chocolate’s largest manufacturers face spiraling costs for key ingredients like cocoa beans and cocoa butter. The trickle-down effect will hit many consumers in the wallet in the latest example of what can happen if a supply chain isn’t resilient enough.
Read More
IN BRIEF: New Services and Solutions
Origify from Bosch lets manufacturers give sneakers and other high-value products a digital fingerprint as early as the production or packaging phase. The authentication solution photographs each product and converts the image into a binary and non-manipulable data record of a few kilobytes, which is stored in a cloud.
Read More
The Future of Freight: What to Expect
The next few years will bring further disruptions to a freight model that the industry spent decades optimizing. In 2024 and beyond, new consumer demands, technological advancements, and broader changes like nearshoring will present new opportunities for logistics leaders from first to final mile.
Read More
6 Types of Supply Chain: Their Roles Defined
Understanding the different types of supply chains and their unique functionalities is crucial for businesses to optimize operations, reduce costs, and increase efficiency.
Read More
5 Top Contract Management Strategies
The pandemic brought a surge in suppliers invoking force majeure clauses in their contracts. Force majeure removes liability for unforeseeable and unavoidable catastrophes that interrupt the expected course of events and prevent participants from fulfilling obligations. Buyers, as well as suppliers, understood that the extreme circumstances surrounding the pandemic warranted it.
Read More
You Should Be Asking What You Left on the Table!
You can’t assume medium and large companies have “best practices” because they are large, and they must have grown to that size because they are efficient and make great decisions.
Read More
Forward Integration: Strategies, Advantages, And Risks
Forward integration is a key strategy for businesses to strengthen their market position and control over their supply chain. This approach involves companies taking charge of distribution or supply activities further down the value chain. This article examines the various strategies, benefits, and risks of forward integration, offering insights for businesses to effectively implement this […]
Read More
Future Focus: 2024’s Top 3 Supply Chain Trends
Three key supply chain trends to watch in 2024.
Read More
Bill of Materials (BOM): Definition, Impact, and Components
The Bill of Materials (BOM) is a cornerstone document critical to creating any tangible product in the intricate web of modern manufacturing and product development. It is a comprehensive list that catalogs all the components, raw materials, and assemblies needed to construct a finished product. Its accuracy and detail reflect directly on the production process’s […]
Read More
Hybrid Supply Chain: Definition, Strategies, and Advantages
In an era where the pace of change is relentless, the concept of a hybrid supply chain has emerged as a beacon of adaptability and resilience in the business world. The COVID-19 pandemic exposed vulnerabilities in traditional supply chains, leading to an increased interest in hybrid models. According to a survey conducted by McKinsey & […]
Read More