Supply Chain Management 101
Generating a ROI from ESG
Generating a ROI (Return on Investment) is essential for the long-term sustainability of an organization. This 3-part series on Environment, Social and Governance (ESG) in the supply chain would not be complete without addressing ROI. ESG and ROI cannot be separated; they are two sides of the same coin.
Best Practices Implementing ESG in the Supply Chain
This article is part 2 of a 3-part series explaining the what, why and how of Environmental, Social and Governance (ESG), its best practices and the ROI of integrating ESG priorities into supply chain management.
The Simple Guide to ESG in the Supply Chain
A 3-part series explaining the what, why, and how of ESG as well as best practices and ROI of integrating environmental, social, and governance priorities into supply chain management.
Holiday Season Shipping and Supply Chain Disruptions: What You Need to Know
Chris Craighead, a UT business professor and expert on supply chain disruptions, offers timely suggestions on buying and shipping holiday gifts.
The Role of Integrated Business Planning in Growth Companies
Integrated business planning (IBP) is a process that can deliver efficiency and cost savings to all aspects of a supply chain. While implementing an IBP process may involve structural changes in how business and operations planning is done within an organization, the resulting improvements in supply chain operations are worth the effort.
Cost Avoidance: Not Everything That Counts Is Counted
The purchasing department holds the keys to organizational spending — in some industries, it accounts for more than 80 percent of the cost of sales. Purchasing meets its metrics by cutting costs, commonly recognized as spending less for an item this year than last. But purchasing also makes a significant contribution through cost avoidance, which means making a concerted effort to pay less for something than you would have otherwise, or to avoid an expense altogether.
The Importance of Inventory Management in Your Supply Chain
Inventory management is an important part of managing a supply chain. Find out how an MS SCM degree can help you make an impact on your company's bottom line.
How COVID-19 Highlighted Distribution Resource Planning in 2020
Distribution resource planning is key to creating the type of resilient supply chain we need after COVID-19.
A Guide to Forecasting Demand in a Stretched Supply Chain
No matter what chaotic elements are introduced — from COVID-19 to geopolitics — demand forecasting is an essential element of supply chain management.
Why Logistics is an Essential Part of Supply Chain Management
Advanced logistics, lean management, and optimization produce the most efficient, cost-effective, and sustainable supply chains.