Business, Supplies, $ Industrial

IBM aims to practice what it preaches. The company’s early support of fully automated processes–such as order management, service requests and OEM manufacturing work orders–has served to improve customer satisfaction and operational efficiencies. And over the years the company has remained committed to continuous improvement through the intelligent application of [...]

Few Companies Achieve a Return on their Supply Chain Improvement Projects
More than 850 companies were surveyed, including those that had highly publicized supply chain failures. One of the authors of the study, Vinod Singhal, said, “Much of the evidence [for payoff] is anecdotal.” Robert Austin of Harvard University, says, “Only a [...]

Global supply chain management has emerged as a major topic in the age of globalization and now it is sitting at the heart of the whole system. But you might be asking yourself, so what exactly is supply chain management and how can it affect my company?

Supply Chain Management (SCM) as defined by Tom McGuffog is “Maximising added value and reducing total cost across the entire trading process through focusing on speed and certainty of response to the market.” Due to globalization and ICT, SCM has become a tool for companies to compete effectively either at a local level or at [...]