Supply Chain Strategy is a critical component ofsupply chain management. It involves developing strategies to optimize thesupply chain processesand achieve organizational goals. The global pandemic has highlighted the importance of having a strong Supply Chain Strategy and forced companies to review the ...
Real-life Examples of External Risk Factors Geopolitical Risks:The US-China trade war in 2019 led to major supply chain disruptions as businesses had to re-evaluate their sourcing strategies to avoid tariffs. Environmental Risks:The 2011 earthquake and tsunami in Japan caused severe disruptions in ...
Supply Chain Cyber Attacks are an approaching digital danger with the possibility to enormously amplify the harm of a solitary security break.
Cerasis is a provider of supply chain management solutions. They use content marketing to help new customers understand how their logistics company works.Cerasis provides a lot of insight into digital technology and technological advances in logistics through informative articles. For example, they've w...
To reduce inventory days, businesses can enhance demand forecasts, optimize order volumes, and streamline supply chain procedures. Decreasing lead times and minimizing superfluous safety stock can also assist in reducing the number of days of inventory on hand. Regularly evaluating inventory levels and ...
What kind of press coverage do they get? How good is their customer service? What are their sales and pricing strategies? How do they rank on third-party rating platforms? When visiting your competitor’s websites, take a look at their “About Us” page or their mission and values stateme...
Shawn has a masters of public administration, JD, and a BA in political science. View bio Learn what a chain store is and see the chain store definition. Study the advantages of retail chain stores, see difference between chain store and franchise. Updated: 11/21/2023 Table of Contents...
Assemble to order is the middle ground between two business strategies. Let’s look at the difference between the two. Make-to-order (MTO) The make-to-order strategy is similar to ATO in the sense that production starts after you’ve received a customer or manufacturing order. ...
In this scenario, a manufacturer may attempt to control the resale price of its products by entering into agreements with downstream distributors or retailers. Such agreements may include setting minimum resale prices or using other tactics to influence the pricing strategies of the downstream entities...
Enabled by technology, advancements in production processes andinventory managementsystems have played a big part in making assemble-to-order strategies a reality. Add cheaper methods of shipping products, and the strategy has been a boon for product customization opportunities. ...