In this article, we will define supply chain management, review the global supply chain management market, and look at some of the biggest supply chain management companies in the world. If you want ...

In a traditional supply chain, a company buys products from a wholesale supplier, then sells them in its retail store, or a manufacturer buys parts from a part supplier, then uses them to make a ...

A testbed built around one of management education’s most enduring simulations, the MIT Beer Distribution Game, has shown ...

Supply chains are messy. Prices rise abruptly, products or raw materials become unavailable, shipping and transport are overloaded, and competing vendors struggle for customers. Integrating ...

When we understand which levers are the most important and can be flexible and creative in our thinking, we’re able to be ...

In 2021, the waves of the pandemic started to quickly unravel supply chains across the world. Manufacturing plants slowed or even closed, ports experienced unprecedented back-ups, and transportation ...

REDSTONE ARSENAL, Ala. – Army Materiel Command and its Life Cycle Management Commands are posturing, synchronizing and optimizing supply chain management to build resiliency. Each LCMC — Aviation and ...

The supply chain industry is undergoing a significant transformation, moving away from outdated processes to adopt modern, automated systems that connect all parts of the trading ecosystem. This level ...

Michael Rosenston is a fact-checker and researcher with expertise in business, finance, and insurance. Investopedia / Jake Shi Supply chain finance (SCF) is a term describing a set of technology-based ...

For more than two millennia, the philosophical words of legendary Chinese general Sun Tzu have influenced successful strategic military plans. Many prominent leaders have heeded his warning that "the ...

According to a March survey conducted by the Institute for Supply Chain Management, nearly 75% of U.S. companies reported supply chain disruptions due to coronavirus-related issues. Before the ...