SCM Insight

KPIs (key performance indicators) are the quantitative measuring units that would help you to analyze the performance of your business over time. They allow you to evaluate and analyze …

Product sourcing is one of the key elements of supply chain management and developing a sourcing strategy makes a significant difference. It comprises segmenting the whole process into various …

The supply chain is the backbone of any business, and it consumes a significant portion of its budget. If the SC operational cost is very high, then it would …

Lean and six sigma is a very effective strategic approach in a dynamic business and SC environment. It can’t bring the full potential of improvement if you implement it …

It is no doubt that advanced tools and applications allow you to perform various supply chain operations in a cost-effective and efficient manner. But it makes their SC system …

The taste of the consumer market has developed to a great extent and they want speedy delivery and instant gratification. Traditional supply chain approaches and practices can’t keep up …

Sourcing is one of the key elements of the supply chain process and it focuses on finding a cost-effective and reliable supplier that would provide you necessary supplies timely. …

Supply chain best practices would make sure that the right products and goods would reach the customers at the right time in the right place. They should also be …

The supply chain plays a significant role in the growth of businesses and companies, but it seriously impacts the environment. That’s why businesses and companies are considering sustainable SCM …

Maintaining inventory helps businesses and companies to perform their operations continuously without any delays. Holding excessive inventory would impact the cash flow of your business because you can’t use …