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...
vendors, logistics and transportation within a company’s network of supply. Securing the supply chain is a surprisingly broad remit, encompassing strategies for dealing with physical threats, cyber threats, transportation challenges, human error, malfeasance and...
Time-to-thrive is the duration it takes for a supply chain to not only recover but also capitalize on opportunities after a disruption. A resilient supply chain does not just return to normal; it positions the business to grow postdisruption. Businesses that thrive after disruptions are often t...
Supply chain risk management (SCRM) is the process of finding and addressing potential vulnerabilities in a company’s supply chain.
A supply chain attackis one in which an organization is victimized by athreat actorthat has gained access to the target network via one of the organization’s supply chain partners. In this way, the threat actor not only has access to the organization whosenetwork securitythey’ve managed to...
What is biometrics? 10 physical and behavioral identifiers that can be used for authentication 24 Apr 202414 mins feature Siemens focuses on zero trust, legacy hardware, supply chain challenges to ensure cybersecurity of internal systems 25 Apr 20239 mins ...
The video games industry has become global, captivating billions of players and generating substantial revenues. Behind the scenes, a complex supply chain is at work to ensure that the games reach consumers smoothly and efficiently. However, many supply chain challenges threaten its seamless operation...
Warehouse manager:A warehouse manager is responsible for the operation of a warehouse. They oversee the receiving, storage, and picking and packing of goods. Quality control manager:A quality control manager is responsible for ensuring the quality of goods throughout the supply chain. They work to...
Supply Chain Risk ManagementThe prime objective of Supply chain risk management (SCRM) is to reduce the chances of any uncertain situation and feat an appropriate set of solution to manage the situation efficiently and effectively. SCRM is full of challenges that can result in higher cost, wasted...