Supply Chain Management

Can We Really Offset High Materials Costs?

The primary elements that make up a finished product are direct raw materials. They can be any mined materials, like minerals, metals, crude oil, coal, etc. There are also indirect raw materials – anything that supplements the making of finished products from direct materials. The challenges represented by accessing these materials promptly and at a

Read More
Supply Chain Management

Harnessing Big Data Delivers Greater Supply Chain Value

By Carolyn Mathas Historically, supply chain pros maintained top goals surrounding efficiency and cost cutting. Today, it is increasingly understood that, while cost reduction is important, it should not be the overriding goal of an organization. Professionals are now looking to tap into the vast amount of data already at their fingertips to ensure their

Read More