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Latest Posts
Procurement Quotes by Top Minds.
What is the Future of Self Driving Cars?
AGV, ASRS, Warehouse Distribution Automation
Automation and Industry 4.0
Will Robots and Artificial Intelligence replace Human jobs by 2030?
Top 10 Ways Artificial Intelligence is Transforming Business.
How Additive Manufacturing is Transforming Supply Chain.
Manufacturing and Lean
Why 3D Printing is Vital to the Success of US Manufacturing.
End to End Supply Chain Management Process
Toyota Car Manufacturing Process Overview.
Retail SCM (Walmart, Amazon…)
Baltimore Bridge Collapse: Impact on Supply Chain Disruption.
How Amazon Beat Supply Chain Chaos.
Companies Diversify Supply Chain Outside of China.
SCM Career and Education
Supply Chain Best Practices: Companies and Processes.
Supplier Collaboration – Cheat Sheet.
Last Mile Delivery – Cheat Sheet.
Supplier Management & Negotiations
The Founder – McDonald’s: How to Close a Deal in an Afternoon.
What is a Supply Chain MBA? Includes MBA Concepts.
Artificial intelligence and procurement.
Transportation/Trucking
How Aurora Got Self-Driving Trucks On The Road.
15 Future Trucks and Buses You Must See.
Yellow: Inside American Trucking’s Largest Bankruptcy.
Artificial Intelligence
What is Generative AI?
ChatGPT Prompts for Specific Supply Chain Challenges.
Artificial Intelligence (AI) will Revolutionize Global Supply Chains.
Importance of SCM
Supply chain is a critical component of modern business operations, serving as the backbone for the movement of goods, services, and information from suppliers to customers. It encompasses various stages, including procurement, manufacturing, logistics, and distribution, all of which work together to ensure timely and cost-effective delivery of products. SCM enhances operational efficiency, reduces costs, and helps businesses maintain a competitive edge in the market. It also plays a key role in managing risks, responding to changes in demand, and ensuring product quality. In today’s globalized economy, SCM is essential for meeting customer expectations and driving business growth.