A company's supply chain stretches from the factory where its products are made to the point the products are in customer hands. Supply chain strategy determines when product should be fabricated, ...

Supply chain management (SCM) is the management of the entire production network of goods or services—starting from procuring raw material from suppliers to converting it into a final product and ...

Supply chain leaders and managers in the medical device industry are often puzzled by the multitude of strategies, corporate directives, and transformation programs that claim to improve the ...

From COVID-19 to blockages in the Suez Canal to semiconductor shortages, the supply chain has experienced nonstop disruptions over the last couple of years. With the stakes rising from temporary ...

Supply chain forecasting was never an easy process. Millions of dollars were lost each year due to inventory overstock and understock even before the Covid-19 pandemic. Forecasting grows even more ...

Once considered a back-office function, the supply chain has emerged as a central driver of growth, resilience, and innovation. Yet only 29% of supply chain organizations are considered “future ready, ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Global supply chains can be incredibly powerful in what they accomplish, but they are also ...

Effective supply chain management ensures timely, cost-effective delivery of products. Disruptions in the supply chain can lead to significant economic impacts, including inflation. Strategic ...