What is Radio Frequency Identification? Although RFID did not initially take in the supply chain world due to high prices, it is now making a comeback. With further advancements in the technology, RFID is more accessible to many companies. Unlike barcodes, with RFID the reader or scanner does not need to see the actual tag […]
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How to Achieve Supply Chain Visibility
Supply chain visibility is more than just knowing where parts or products are along the supply chain. It also provides insight into the activities at each stage along the way. In other words, supply chain visibility is “actionable info that can support customers, remove redundancies, and improve processes.” Over the years, there has been increased pressure […]
The Supply Chain Matters when Disaster Strikes
When Disaster Strikes Disaster can strike at any time. When it does, you need to address it immediately. You never know when it will occur or the extent of the damage will be. As a result, it’s hard to be ready. Countries and global organizations work together to help those left vulnerable. Often, this planning is […]
8 Steps to Setting up Vendor Managed Inventory
Vendor managed inventory (VMI) is a well-known concept in the business-to-business market. VMI allows a vendor to manage the level of inventory at a customer’s locations. The vendor is responsible for analyzing and optimizing inventory flow for each of their customers. Do you want to learn more about the benefits of VMI or finding out if […]
Inventory Management Automation: Why companies aren’t doing it, and why they should
Inventory Management Automation is a growing trend. This is because it brings many benefits to firms. What exactly are these benefits? Well to name a few, it increases efficiency, improves accuracy, and is scalable to company growth. It has proven to be effective for many organizations ranging in size and complexity. Despite these benefits, many companies are […]
What Makes a Successful Supply Chain Leader?
The role of a supply chain leader has evolved over the past few years. Today, it’s more than just having functional knowledge. Supply chain leaders need to have process expertise. After all, they are responsible for getting items from one end of the supply chain to the other. Even if they don’t have full control over […]
