Beginning with the fundamental explanations of supply chain operations, these top 10 supply chain articles provide essential information on key elements, how to be more efficient, issues and disruptions, technology’s role, and move the conversation into supply chain sustainabilit.
Supply chain operations are all of the steps that it takes to get a product made from raw materials into the hands of the customer. Those critical components are sourcing, producing, storing and delivering product to customers. Every step counts in ensuring that the product is high quality and gets to the customer on time.
Companies employ various tactics to streamline supply chain operations. One popular tactic is employing technology to monitor inventory and shipments, ensuring that everything is in place at the right time. Another tactic is creating a relationship with suppliers to have materials always in stock.
Supply chain processes might run smoothly, but there are still obstacles and disruptions organizations can overcome. These can be things like natural disasters that interfere with transportation or communication, government changes that may change trade deals, or even a sudden spike of needed product that can lead to a backlog of production.
“Technology has a large say in how companies operate their supply chains. One trend is a focus on the role of data analytics in predicting demand for products, to help companies plan better and prevent shortages. Another current trend using artificial intelligence, and automation, to make things more efficient and require less manpower.
Sustainability is rising in importance in supply chains operations at the present day. Many companies are exploring ways to keep their environmental impact low such as by using renewable energy, avoiding waste and supporting fair labor practices. By emphasizing sustainability, businesses can do more than just help the planet — they may also attract customers who value environmentally friendly practices.
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