Tag: Supply Chain Management

Supply Chain Management includes Transportation, Logistics, Fulfillment, Inventory Management, Purchasing, Process Optimization, Supplier Management, Supply/Demand Management, Cash Cycle Management + all aspects of moving goods

Key Trends in Supply Chain for 2025!

The Supply Chain Renaissance Has Begun!

The supply chain industry faces a transformative era heading into 2025. Challenges like shifting consumer expectations and global uncertainties drive companies to rethink traditional practices.

Technological advances, sustainability goals, and stronger resilience plans emerge as central themes shaping the future of logistics. This isn’t about predicting trends but recognizing changes already unfolding.

If you want to know how these factors influence daily operations or redefine long-term strategies, read on for an insightful look at the future of supply chain management.

Continue reading “Key Trends in Supply Chain for 2025!”

Understanding the Process of Supply Chain Management!

What Exactly Is Supply Chain Management? 10 Different Definitions!

Businesses act as a large ecosystem. They are composed of several smaller elements that work together to create a whole. The backbone of this system is the process of Supply Chain Management, the handling of the production flow responsible for every step of the process, from manufacturing a product to customer experience and profitability.

Continue reading “Understanding the Process of Supply Chain Management!”

Refael Edry’s Life Lessons for Today’s Supply Chain Leaders!

The Supply Chain Renaissance Has Begun!

It’s 2023, and a recession is lurking around the corner. Tech giants, including Amazon and Meta, have already implemented mass layoffs to adapt to the impending economic downturn. Commodity prices, interest rates, and inflation have been steadily heading north.

Across the globe, business owners are working hard to stay on top of these changes and keep their companies afloat. But supply chain leaders have been struggling with these challenges long before any signs of a recession emerged.

Continue reading “Refael Edry’s Life Lessons for Today’s Supply Chain Leaders!”

Case Building for Supply Chain Risk Management!

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

An effective supply chain is the ironic link that every business requires to join together a well-developed product and the market. Everyone knows that, though not everyone takes the time to properly assess the difficulties of their respective markets. 

When examining the risks of entering a new market, there are things to look out for that hint towards difficulty. It’s therefore imperative for businesses to ensure they have properly planned how to get into a new market successfully.

Only after that can a good plan be put into action. 

Continue reading “Case Building for Supply Chain Risk Management!”

Procurement Terminology is a Mess!

Featuring Our 12 Best Procurement Articles!

From one Procurement organization to the next, Procurement language and terminology differs.

Of course, it’s impossible to expect that every company would work within the exact same framework of understanding and messaging, but the lack of being able to communicate can sometimes be the difference between success and failure.

Procurement is a function, that is undergoing transformation; technologically and ideologically.

Continue reading “Procurement Terminology is a Mess!”

Understanding Trading, Investing and Foreign Exchange!

Trading Globally, Investing Abroad, Foreign Exchange Markets and Trade Agreements!

This article will delve into the various topics related to supply chain, such as trading globally, investing abroad, foreign exchange markets, and trade agreements. 

These ideas and concepts are key in the overall understanding trading, investing and foreign exchange, and the process of the supply chain and it gives many key benefits that propel companies to more successful opportunities.

Also, these current events and issues allow for scholars, supply chain managers, companies, and any other player involved within the supply chain to further their understanding of what is working and what is not effective for the success of the supply chain and their business within the process.

Continue reading “Understanding Trading, Investing and Foreign Exchange!”

How Supply Chain Innovation Propels Startups to Unicorn Status!

6 Ways to Attract Investors to Your Startup Business!

Unicorn startups, or private companies valued at over $1 billion, are the rising stars in the tech world. While flashy consumer-facing products like social apps garner much attention, innovation in less glamorous areas like supply chain management is equally responsible for propelling startups to unicorn status.

Supply chain excellence enables startups to scale efficiently, reduce costs, provide fantastic customer experiences, and withstand market turbulence. Leveraging emerging technologies gives startups supply chain advantages that legacy players cannot match.

This article explores how supply chain innovation is a competitive differentiator that allows hungry young companies to disrupt established industries and reach dizzying heights of success.

Continue reading “How Supply Chain Innovation Propels Startups to Unicorn Status!”

The Disintermediation of the Supply Chain!

Want Success? Integrate a Change Leadership Work Stream in your Transformation Program!

What is disintermediation?

Most definitions of disintermediation characterize it as the elimination of intermediaries, or “cutting out the middleman“.

Further consider that the “Wastes” associated with Lean thinking and principles include transportation, inventory, over production and motion amongst others. Eliminating these wastes is critical for peak performance.

Why is this relevant?

A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste!

Continue reading “The Disintermediation of the Supply Chain!”

Resilience is the New Critical Supply Chain Strategy!

Defining the New Normal in Supply Chain! What’s Normal Anyways?
Get Our Inventory ManagementEBOOK HERE

As everyone in Supply Chain Management knows today, the field has come a long way. It’s something we’ve written about a lot on the Argentus Blog. The function – which used to be a back-office, administrative task – has evolved to become a major seat of strategic profitability and brand and resilience within companies.

For the majority of Supply Chain’s history, this evolution has been driven by a knack for finding efficiency. Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing.

They’ve hired strategic Supply Chain professionals who can turn this data into actionable intelligence, and redesign the supplier, production, and transportation network to get products to market quicker and cheaper. They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster. “Just-in-time” production has become a hallmark of today’s Supply Chains.

Continue reading “Resilience is the New Critical Supply Chain Strategy!”

Seasoned Leadership in Action™ – An Interview with Joe Carson, CEO Spend Strategies, LLC!

Seasoned Leadership in Action™ – Our 2019 All Star Leaders!

At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe.  As such we have introduced our “Seasoned Leadership in Action™” Interview series at Supply Chain Game Changer. This interview is with Joe Carson, CEO and Founder of Spend Strategies, LLC.

Continue reading “Seasoned Leadership in Action™ – An Interview with Joe Carson, CEO Spend Strategies, LLC!”

Why is Supply Chain Such a Great Career Path?

Get OUR Ebook EBOOKS HERE

When I started my career the term “Supply Chain” had just been coined. As such it was many years before I actually heard of the term “Supply Chain Management”.

Regardless I pursued my interests and took on an increasingly diverse set of progressive jobs as time went on. Now as I look back on my career virtually everything I did falls under the banner of Supply Chain management.

Given the phenomenal opportunities that Supply Chain offers for personal and professional growth it is a career path which I highly recommend to anyone.

What is it about Supply Chain that makes it such an appealing career path?

Continue reading “Why is Supply Chain Such a Great Career Path?”

Efficient Record Keeping: A Key Pillar in Modern Supply Chain!

What is Big Data?

Efficient record keeping stands as a fundamental component of a robust supply chain. In an era where timeliness and accuracy are not just expected but demanded, the capability to track inventory, orders, and shipments is paramount.

This meticulous approach to data management enables businesses to meet customer demands with precision, adapt to market changes swiftly, and maintain a competitive edge.

Continue reading “Efficient Record Keeping: A Key Pillar in Modern Supply Chain!”

7 Strategies to Improve Your Supply Chain!

The Supply Chain Renaissance Has Begun!

Strategies to improve your Supply Chain are a significant part of your overall business strategy and inventory management. Effectively and efficiently managing logistics and supply chain can help your business improve customer satisfaction and money by minimizing wait times for in-demand products. In other words, it provides you with a real competitive advantage against some companies in your industry.

On the contrary, an ineffective supply chain can be a vast drain on your resources, so it’s crucial to implement some strategic solutions. This way, your supply chain will be as cost-effective and lean as possible. 

Below are some of the best strategic solutions you can consider to maximize your supply chain’s efficiency and performance:

Continue reading “7 Strategies to Improve Your Supply Chain!”

Waiting for Good Forecasting is a Bad Strategy!

Create a Responsive Supply Chain to Handle Peaks and Lulls!
Get Our Inventory ManagementEBOOK HERE

If you work in Business or Supply Chain you feel the results and the immense pressure caused by inaccurate forecasts. You don’t believe that good forecasting even exists.

When customer demand exceeds forecast you are scrambling to get parts and materials, to secure capacity, and to expedite the movement of goods throughout the Supply Chain. When demand falls short of forecast you are left with too much inventory, excess capacity, under-utilized resources, and profit and cash flow pressures.

If only the planning people could forecast better all would be right with the world. But waiting for better forecasts is a bad, and a lazy approach.

It is much more important to create a more robust and resilient Supply Chain to dynamically respond to any fluctuations in forecasted demand.

Continue reading “Waiting for Good Forecasting is a Bad Strategy!”

The Role of IT in Supply Chain!

Thoughts on Future Challenges and the Strategic Direction of Supply Chain!

Supply chain management is an important aspect of every business because it ensures your business gets the supplies, resources, and materials it needs to fulfill services or deliver products to customers. 

However, the modern supply chain has become increasingly complex and challenging to manage. Your organization has to be more vigilant than ever regarding security to avoid risks like data loss or theft, underscoring the role of IT. If you don’t, you might suffer from consequences like losing the trust of your customers and investors. 

Continue reading “The Role of IT in Supply Chain!”