Gartner recently released its list of Top 25 supply chains of 2017. These supply chains are evaluated on many factors like: ROA (Return on Assets), Inventory Turns, and Revenue Growth. In this 3 part blog series, we will take a look at the Top 3 Supply Chains of 2017 and what they are doing right. At […]
Supply Chain
Knowledge Work in Supply Chain
With the rapidly changing business climate, supply chains need to be more flexible and reliable. In the past supply chains were labor heavy, but now they are more information intensive. Recent changes have led to the automation of supply chains due to three main benefits: Reduce costs Increase sustainability of products Increase rate of flow […]
Circular Supply Chain: A Value Web?
The comparison of a supply chain to a value ‘web’ is a topic that’s hard for us to not talk about. It is correctly said that supply chains, if built right, can span out like a (Clear) Spider’s web to connect all the suppliers and their partners in the chain. In fact, that is what […]
Top 3 Tips for the Healthcare Industry in 2017
Global healthcare spend is expected to increase to a whopping $8.7 trillion by 2020! This means that the healthcare industry needs to implement better supply chain management tools to keep up. However, supply chain for healthcare organizations is more complex. They involve multiple stakeholders such as insurance companies, group purchasing organizations (GPO), and health regulatory […]
How to Implement Change Management in Your Supply Chain
In our last blog article, we discussed the importance of change management in the supply chain. Continuing on, we will share some ideas in this article on how to successfully implement change management. Change management in any organization should be an ongoing process. Just like the supply chain industry in general, business processes should be […]
Understanding the Importance of Change Management
In today’s fast-paced business world, being able to adapt to change is a quality any successful organization needs. Within the supply chain industry, conditions and requirements are always changing. As a result, to be successful you must be adaptable. For this reason, change management is an important concept to understand and implement in your organization. What is […]