What is remote work? When people talk about remote work, they are simply describing jobs that can be done from anywhere in the world with access to a computer and…
IT as an Enabler of SCM For a supply chain to function as a system all chain members must have access to the same information. Information technology (IT) enables communication,…
A supply chain can be viewed as a system of processes that cut across organizations and deliver customer value. Rather than as a series of separate organizations and functions. In…
Companies often do not give much thought to the design of their supply chains. They often focus on cost reduction through low-cost purchasing, manufacturing, or logistics. This can translate into…
Given the highly competitive environment of today’s marketplace, seeking a sustainable competitive advantage has become a top business concern. Unlike in the past, where creative marketing initiatives were sufficient to…
A company should have a long-range business strategy if it is going to maintain a competitive position in the marketplace. A business strategy is a plan for the company that…
Today’s organizations face a number of trends that impact the way supply chains are designed and managed. These trends are a result of a fast-changing global and technologically connected economy…
There are three key characteristics of a competitive supply chain: responsiveness, reliability, and relationship management. We discuss these here. Responsiveness The ability to respond to customers’ requirements in ever-shorter time…