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The Do's and Don'ts of Supply Chain Diversification

CMTC Manufacturing Tech

The reliability of global supply chains has recently come under fire after global events exposed underlying vulnerabilities in the global logistics system. These events sparked a series of disruptions that have challenged the conventional wisdom around global value chain theory. What Is Supply Chain Diversification?

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Supply Chain as a Service

Dinesh Mishra

What is supply chain as a service? Supply Chain as a Service (SCaaS) refers to a business model in which companies outsource certain or all aspects of their supply chain management to specialized service providers. What are the components of the supply chain as a service? Who Needs Scaas?

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How 3D printing is reshaping the future of supply chains

Manufacturer's Monthly

Supply chain disruptions continue to plague global economies, especially within the manufacturing industry. In Australia, manufacturers with offshore operations are experiencing significant supply chain issues that threaten productivity and financial stability. production delays. digital transformation. labour shortages.

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Sustainable supply chains, what does it mean?

Frost & Sullivan Manufacturing

Excessive energy and water consumption, high waste production with low reuse rates, human rights issues, and abuse of labor are just some of the core issues plaguing supply chains globally. A supply chain is a vast network between large companies and their suppliers to develop, manufacture and distribute finished products to end users.

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Relationship Management Up & Down the Supply Chain

CMTC Manufacturing Tech

Modern supply chains are somewhat like Rube Goldberg machines — incredibly, often unnecessarily complicated, interconnected systems where a single disruption can trigger a chain reaction, impacting the entire operation. Where Does a Strong Supplier Relationship Add Value? What Is Supplier Relationship Management?

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What is supply chain?

Fastener News Desk

The supply chain is the interconnected journey that raw materials, components, and goods take before their assembly and sale to customers. McKinsey & Company – Listen to the article: What is supply chain? In contrast, a value chain encompasses all the individual steps that are taken to create a marketable product.

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Managing Risk to Build Resilient Supply Chains

CMTC Manufacturing Tech

In the early ‘90s, American manufacturers began transitioning to a global supply chain model. However, this shift also exposed companies to an array of new supply chain risks including disruptions, cyber attacks, labor disputes, IP risks, extreme weather events, and geopolitical tensions.