Business process mapping is the strategic analysis of identifying and creating a visual depiction of the process flow of various areas of an organization. For example, the supply chain cycle is an ...
Since the pandemic, supply chain disruptions have become a regular challenge for manufacturers. They can happen at any time, and have a significant impact on operations. To avoid or minimize the ...
This guidance is aimed at medium to large organisations who need to gain confidence or assurance that mitigations are in place for vulnerabilities associated with working with suppliers. Please read ...
Whether a company is driven by concerns about the human rights of its suppliers’ employees, minimizing its carbon footprint, or complying with new conflict minerals regulations, responsible sourcing ...
In a 2018 survey of global supply chain executives, 21.8% stated that lack of visibility was the worst challenge they faced. The proportion for data management was the lowest, coming in at 1.3%, while ...
There are very few, if any, global companies that don’t rely heavily on data, analytics, and KPIs to effectively manage their supply chain. For instance, when you consider how a product gets to a ...
The most significant risk to today’s supply chain is the supply chain leader’s entrenched beliefs in historical practices. Functional excellence and enterprise transactional efficiency dominate the ...
Powerful planning processes provide the essential elements for business success through material management, lean operations, waste reduction and working capital optimization. It is not unusual to ...
As a CTO, I get to speak with IT leaders across industries like food and beverage, consumer packaged goods and manufacturing about their supply chain digitization initiatives. One thing is clear: ...
For companies of all sizes and across all industries, cash is not only crucial—it’s king. It sounds simple: In order to survive, businesses must ensure that payments aren’t going out faster than ...
When reviewing job growth and salary information, it’s important to remember that actual numbers can vary due to many different factors—like years of experience in the role, industry of employment, ...
My team at the University of Illinois just developed the first high-resolution map of the U.S. food supply chain. Our map is a comprehensive snapshot of all food flows between counties in the ...