Blog

What Are The Differences Between Value Chain Management and Supply Chain Management?

Posted by Dave Kravitt

Quite often, the terms value chain management and supply chain management are used interchangeably. While they overlap and are ultimately complementary, they are in fact two separate yet critical terms that impact your organizational success.

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Tags: Supply Chain Optimization, Value Chain Management

Supply Chain Optimization: 10 Rules to Boost Supply Chain Efficiency

Posted by Dave Kravitt

Effective supply chain management (SCM) in today’s technologically-advanced manufacturing environment can be a daunting task. However, according to Dr. Donald Radliff, executive director of Georgia Tech’s Supply Chain and Logistics Institute, efficient supply chain and logistics operations backed by a solid supply chain strategy can reduce costs by as much as 10-40 percent. The trick is following ten rules for successful supply chain management: 

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Tags: Supply Chain Optimization, Supply Chain Planning

Is Lack of Real-Time Global Data Threatening Your Ability to Service Your Customers?

Posted by Dave Kravitt

Guest blog by Jonathan Kall, CEO, Vecco International

So you’ve just learned that there’s good news… and there’s bad news. First, the good news: your sales for a specialty item manufactured in-house are through the roof. In fact, they’re way over forecast.  

Now, the bad news. You’re short on production orders. And raw materials. And coordinating your global supply chain in a timely manner to meet your customers’ needs feels like an even taller order. 

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Tags: Supply Chain Optimization, Supply Chain Planning

Supply Chain Management: Minimizing risk in today’s complex supply chain

Posted by Dave Kravitt

There is no question that today’s global manufacturing marketplace has brought increased complexity to the supply chain. Even the smallest manufacturers might establish supplier partnerships and source raw materials around the world as growing competition and market volatility cause growing concern for material availability and costs. 

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Tags: Supply Chain Optimization, Supply Chain Planning

Optimizing Business Processes

Posted by Dave Kravitt

Most companies understand the importance of consistent, efficient and scalable business processes but are fuzzy on the best way to achieve it. Optimizing business processes is a way for companies to eliminate inefficiencies and reduce costs – a strategic approach that alters how an organization conducts business and manages operations to produce better results and increased profits. 

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Tags: Supply Chain Optimization, Business Process Optimization

Optimizing Your Supply Chain Management

Posted by Dave Kravitt

An enterprise supply chain is a complex system with a number of components that need to work together efficiently and effectively to ensure that planning, procurement, production, inventory and distribution processes flow smoothly. By optimizing SCM, companies will see a number of benefits, including increased productivity and reduced costs. 

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Tags: Supply Chain Optimization, Business Process Optimization