Supply Chain Management 101
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 for Supply Chain Organizations
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 Demand Forecasting in Supply Chain Management
One of the greatest challenges in supply chain management is demand forecasting. This guide covers the essentials for supply chain professionals and academics.
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.
Customs Specialist Turns to the Online MS-SCM to Sharpen Her Supply Chain Knowledge
When Erin Weeks saw the online program for supply chain management at UT, she jumped at it.
Transportation Manager at Amazon Pursues his MS-SCM Online to Keep Pace with the Best and Brightest in the Field
Having the UT Haslam Supply Chain program on my résumé helped put me in the top tier.
UT Webinar Assesses Supply Chain Risk through the EPIC Report™ and Related Framework
The Global Supply Chain Institute co-sponsored a webinar about the EPIC Report.
The Online MS SCM: A Curriculum Informed by the Supply Chain Industry
Supply chain management is a fast-growing field with lots of opportunity.
The Supply Chain War Room
Some companies set up a COVID-19 war room to coordinate their supply chain functions.