Blog
How to Fix the Supply Chain Crisis: What Your Business Can Do
While individuals and businesses often don’t consciously think about it, we depend on supply chains for food, jobs, energy, and virtually everything we own. Naturally, the uncertainty caused by climate change and the progress of the COVID-19 pandemic is affecting the...
What is the Importance of Sustainability in Supply Chain Management?
COVID-19 isn’t the only major disruptor in recent years — climate change has become a crucial factor in delays (and profits). Increasingly, it seems that the time has come for companies to address global climate crises in their policies and supply chain procedures....
How Does Supply Chain Management Create Value in Uncertain Times?
Turning crisis management into an opportunity could not only help supply chains today but pay dividends in organizations’ future value chains. When a crisis strikes and your business needs to make critical decisions, it could be time to consider how supply chain...
5 Biggest Supply Chain Challenges (and How We Tackle Them)
It goes without saying, this year has been tough for businesses, small and large. With the increase in consumer demand, increasingly low supplies, and great expectations, procurement has been difficult for many brands, especially those in high-demand industries. Here...
Sourcing vs. Procurement: What’s the Difference?
While sourcing and procurement are both key elements of your business, they can be easy to mix up at first glance. These two terms are often used interchangeably. However, the reality is that each process plays a different role in your organization. In this post,...
How to Overcome Supply Chain Disruptions
When disaster strikes, conveniences like 2-day and overnight shipping are no longer possible. While some of these interruptions are small and local, affecting only certain businesses and industries, others are large, affecting the entire global market. If you’re a...
An Efficient Supply Chain is Not Always the Most Effective or Responsive: Here’s Why
Maintaining an efficient supply chain may keep costs down, but does it always make the customer happy? This article explains why effectiveness and responsiveness can be just as important. Supply chain leaders are intimately familiar with the problem—should they...
Why Managing Inventory Throughout the Supply Chain Is Critical After COVID-19
In the wake of COVID-19, many businesses have come to the realization that managing inventory throughout the supply chain is essential for adapting to global disruptions. Leaders are beginning to invest in resilient supply chains that allow them to deftly navigate...
How Business Procurement Outsourcing Creates Value for Your Company
In the fast-paced industries of today, the need to evolve is essential. What was relevant yesterday might not be as relevant today, meaning you need to constantly keep an eye on the trends that positively and negatively affect your business. For many businesses, their...
4 Procurement Trends to Watch in 2021 and Beyond
The pandemic and following recession have taught businesses an important lesson: it is essential to plan for the unexpected and for the long term. While COVID-19 may prove to be a temporary situation, its impacts reach far and wide—and those changes are likely here to...