In an economy still struggling to build consistent and predictable growth, there is far more uncertainty impacting all stakeholders within the supply chain. Just as your company is likely facing pressure to reduce Operating Expenses (“OpEx”), your suppliers are living in the same ecosystem with similar challenges putting pressure on their profits.
When supply chain is asked to do their part in reducing the company’s overall costs, the options are to be Reactionary or Strategic.
The concept of “Lean,” which is essentially a team-based approach to continuous improvement focused on eliminating non-value added activities or “waste” from the viewpoint of the customer, has been around in one form or another for many years, at...
It's been an interesting year in logistics with continued advancements in logistics software in it's move into the cloud and logistics companies expanding and innovating on their approach to supply chain management.