Supply Chain Management 101
End-to-End Supply Chain Planning
End-to-end involves the entire process of the supply chain, from product design and procurement of raw materials to delivery of the final product and after-sale customer service. Effective management of an end-to-end supply chain creates a strong competitive advantage for businesses in crowded markets.
Blockchain Implementation for Supply Chain Management
Wondering if your company should explore blockchain implementation for supply chain management? You’re not alone. The University of Tennessee Global Supply Chain Institute spent over 18 months researching and interviewing industry-leading companies like Amazon, Mondelēz International and Pfizer on how they’ve pioneered the use of blockchain in their supply chains.
Blockchain for Supply Chain: Evaluating the ROI of Blockchain Technology
Even if you haven’t explored, researched or experimented with using blockchain for supply chain management, you’ve likely heard of blockchain technology. One of the most hyped advancements of the last decade, the only thing harder to understand than blockchain itself is blockchain value. Or, more specifically, the return on investment (ROI) of blockchain for supply chain.
Blockchain 101 For Supply Chain Management
The Global Supply Chain Institute dug into blockchain technologies, their benefit for supply chain management and how to get started evaluating blockchain ROI for your company in the white paper, “When Is(n’t) Blockchain Right?” Consider this article a bite-sized blockchain tutorial, drawn from the white paper, to help take the mystery and intimidation out of this transformative technology.
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.