Supply chain management (SCM) is the oversight of materials, information and finances as they move in a process from supplier to manufacturer to wholesaler to retailer and then to the consumer. The three main flows of the supply chain are the product flow, the information flow and the finances...
How does inflation affect supply chains? Inflation can play a rolein supply chain challenges. When inflation occurs, costs for input materials (such as energy) can rise substantially, having negative effects on companies’ profits and losses. One way to adjust is to increase prices (fairly) for...
In order to address the marketing and supply chain challenges presented by shopper marketing initiatives, scholars from both disciplines can find common ground by focusing on the shopper instead of consumers or products. The issue is no longer one of matching a supply chain to a product. Instead...
Meet several of our supply chain leaders from around the world. There’s never been a better time than now to help solve business and national issues and be part of supply chain transformations. Learn more. JOIN US Please enable Advertising and Social Media Cookies to be able to see this ...
Challenges of supply chain sustainability Achieving sustainability in supply chains takes time and effort, and it isn't always a smooth process. Multiple challenges can create barriers, including the following: Lack of sustainable materials.A business might have limited options when it comes to the ...
After that, we’ll look at why supply chain management (SCM) is so important to businesses and consumers alike, the various supply chain models and the challenges commonly encountered along the way. Finally, we’ll conclude by looking at how to manage a supply chain effectively, smoothly and...
Logistical challenges Environmental risks Compliance violations Internal operational hazards Supply chain managers create risk maps to gain a deeper understanding of the vulnerabilities in their supply chain, especially in reference to environmental, social, and governance (ESG) risks. By mapping out each ...
What is supply chain logistics? Supply chain logistics refers to the management of the production, transportation and distribution of goods throughout a business’ overall supply chain. It encompasses both inbound logistics (how materials and supplies are brought into a business) and outbound logisti...
Digital transformation of supply chains To address these challenges, companies should create intelligent supply chains based on data, analytics and AI. These, along with digital twins, are among the top technologies that supply chain executives are looking to deploy in their organization. Enabling and...
Attack: The company's "TeamCity" software development servers contained vulnerabilities that were exploited, allowing attackers full control over all of the server's projects, builds, agents, and artifacts. Thus, this became a suitable vector to position an attacker to perform a supply chain attack...