Supply Chain Management 101

SCMS taking integrated business strategy notes

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.

Person working at desk with calculators and laptops

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.

Forklift in warehouse unloading inventory

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.

Front view of airplane in flight against blue sky

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.