Supply Chain Management

Supply Chain Management

A Look Back: Supply Chain Reflections

As we embark on 2020, let’s pause and reflect on what we learned last year. Looking at 2019 from a 50,000′ level, the year saw an unprecedented supply chain transformation. Security, outsourcing, garnering greater intelligence via AI, and the explosion of IoT impacted the supply-chain landscape, even while the U.S./China tariff game inserted confusion. Blockchain

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Supply Chain Management

Deep Space Supply Chain Rewrites Definitions of Logistics and Risk

Moving beyond the space station concept, where astronauts have spent up to a year living in space, the next phase for NASA is a return to the moon and eventually to Mars. To be successful in both endeavors will require a rewrite of logistics, material handling and storage. According to NASA, the Gateway will be

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Supply Chain Management

Characteristics of a Transparent Supply Chain

By now, it’s no surprise that supply chain transparency is the ultimate goal. Transparency has become a must-have in today’s market. The problem is, it’s not always easy to achieve since the process requires companies to invest a lot of time, effort and funds. In some cases, it may even require organizations to change old

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Supply Chain Management

Supply Chain Managers: Why Following the Money is the Best Way to Calculate Risk

Six years after the 2008 global financial meltdown, a University of Tennessee study by its Global Supply Chain Institute indicated 90% of respondent firms did not quantify risk when creating their global supply chains and outsourcing production. Supply chain risk was still largely ignored, even though two thirds of study participants employed risk managers. The

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Supply Chain Management

Will 5G Mean Greater Supply Chain Risk?

The beefing up of security for the 5G products supply chain has sparked an investigation by the Alliance for Telecommunications Industry Solutions (ATIS). Spurred by concerns over such companies as ZTE and Huawei spying on U.S. telecommunications networks, ATIS seems to be one of several entities taking on the task. Last year, for example, President

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Supply Chain Management

5 Things to Know About Blockchain in Supply Chain

One of the most recent blockchain announcements presents exciting news for supply chains. Designed to provide an unchangeable transaction record between entities, we’re familiar with the technology as it pertains to Bitcoin, but it also has great promise across the supply chain. When it comes to any application, though, a blockchain is only as useful

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Supply Chain Management

Why Marketing Procurement Professionals Are Crucial to SCM

Marketing provides an essential balance in supply chain management. It helps companies and their partners become more focused on customers rather than on the production process. By improving communications, support and collaboration, marketing helps increase supply chain efficiency and create a single extended enterprise with a strong competitive edge.  Ian Linton, Role of Marketing in

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Supply Chain Management

Electronics Industry Resilience Will Lead to a Re-Designed Supply Chain

Things are not as bad as they seem, and the entire industry is bending to conform to its new realities, gushing with resilience. We discuss some trending, and pressing, topics in electronics, supply chain, and procurement with Michael Knight, President of the TTI Semiconductor Group and Senior Vice President of Corporate Business Development.

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Supply Chain Management

How Tariffs are Sparking Some Supply Chain Creativity

Back in May, the United States agreed to  raise tariff rates, from 10% to 25%, on $200 billion of goods imported from China. Companies across the U.S. have had to assess their options and re-strategize supply chains in order to avoid the tariffs and other uncertainties that come along with this type of move. For many

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Supply Chain Management

“I’m an Introvert: Should I Take on A Career in Supply Chain Management?”

If you enjoy having time to yourself, find your best thinking happens when you’re alone rather than in a group brainstorming session, and you prefer to work with self-driven teams, you may be an introvert, according to Psychology Today. It’s all about what energizes you, and introverts tend to recharge their batteries alone rather than

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