As our world grows more interconnected and businesses have extended their operations across the globe, the industries of shipping and logistics have expanded greatly. This has meant a great rise in opportunities for those working in supply chain management, one that can bode promisingly for people in the field. Indeed, many who enter the logistics […]
Demand forecasting is meat-and-potatoes fare for supply chain managers. Making procurement orders, booking shipping containers, freeing up warehouse space, ensuring production capacity is available… none of it happens without some kind of data-driven estimate for how much stuff your organization needs. At some level, every organization practices demand forecasting. There are two ways to come
Will AI Own Demand Forecasting in Supply Chain Management? Read More »
If there’s a hot topic in supply chain management circles today, it’s resilience. Even as the last entanglements and hiccups of the COVID-19 pandemic shake themselves out of the chain, new complications are coming in from the Russian invasion of Ukraine. Executives aren’t always fast learners, but getting burnt twice is enough for anyone. Many
If you have been considering pursuing a career in logistics management, you’re likely drawn to the career path because of its stability and longevity. After all, there is likely to be a need for logisticians for a long time to come, even as technological developments threaten many jobs related to manufacturing and distribution. For those
The blockchain might not secure semi-trailer loads, but it still has some very practical applications when it comes to getting goods and materials from point A to B. Blockchain is a high-tech innovation in cryptographically secure and reliable data management. If you work in supply chain management, you just got a little warm glow from
How Blockchain Technology is Finding a Place in Supply Chain Management Read More »
Much of the standard college education in supply chain management revolves around the big players. A typical bachelor’s degree in supply chain management will be chock full of courses such as: Global logistics and inventory management Integrated supply chain management Lean Six Sigma operations Supply chain Management Information Systems And the practical work in those
If you’re going to be working in supply chain management in any kind of large company, you had better get familiar with the tools and terms in use today. ERP and SCM are two of the big ones. You’ll hear them tossed around casually in conversation and see them popping up in papers and articles
