The sharing economy is somewhat of a newer concept. Also known as the shareconomy or the collaborative economy, the idea is simple. Harnessing the power of the Internet its use of big data, it uses the concept of an open source community, allowing for peer-to-peer sharing. Prime examples of businesses that partake in the sharing […]
Supply Chain
Circular Fashion: Is It the Future of the Fashion Industry?
Fashion and textiles is a fast industry. With new designs coming out weekly, retailers need to keep up. Consumers are more demanding than ever, and they want things now. With the ever increasing growth the clothing industry experiences, retailers need to figure out how navigate the demand. This is where fast fashion comes into the […]
Can Your Supply Chain Benefit from Lean Thinking?
Many principles and approaches to manufacturing have formed throughout the years and are still used today. There are many ways to go about the manufacturing process, but for this blog post, we will be focusing on lean thinking and how it may benefit your business. What is lean thinking? For starters, lets talk about what lean […]
Globalization’s Effect on Supply Chain Management
Globalization has been a popular term in the business world within the last few decades. A word that started to pick up around the 1980s, globalization is the process in which businesses and/or organizations operate on a international scale and develop influence based on this. With technology developing at an increasing rate, it is becoming easier and easier for businesses to […]
3 Key Components of a Customer Centric Supply Chain
Customers are more aware and educated today than ever. They have set expectations of products, services and the overall experience. In this day and age, no doubt that customer centricity is driving business strategies. As a result, supply chain operations need to evolve as well, to a more Customer Centric Supply Chain. As the name […]
Top 3 Supply Chains of 2017: Unilever (#1)
In this blog series, we look at the Top 3 Supply Chains of 2017 as ranked by Gartner. In Part 1 and 2, we talked about 3rd and 2nd place: Inditex (Zara) and McDonald’s respectively. In this last post of the series, we will introduce the winner crowned as the Top Supply Chain of 2017: Unilever. Key to […]
