Remove 2002 Remove Sourcing Remove supply chain budgeting
article thumbnail

History and Evolution of Supply Chain and Logistics

SCMDOJO

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).

article thumbnail

Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Enhancing Logistical Efficiency: Strategies for Improvement

SCMDOJO

To optimize operations, reduce costs, and minimize environmental impact, a multifaceted approach is required. This article explores key strategies for enhancing logistical efficiency and thus improving profitability and reducing cost. Logistics KPI Dashboard is an essential tool for Logistics & Supply Chain Managers.

article thumbnail

Lean Six Sigma for SMEs: A Path to Continuous Improvement

SCMDOJO

While Lean focuses on eliminating waste and optimizing processes to achieve seamless workflow, Six Sigma targets reducing variation and improving quality through data-driven analysis and statistical tools. – Reduced flexibility and less ability to react to new conditions and circumstances.

article thumbnail

7 Supply Chain Cost Saving Ideas from SpaceX

Supply Chain Opz

In June 2002, Space Exploration Technologies Corporation or SpaceX was established with the goal to make the space launch service way cheaper. Then he decided to use the mature technology from Apollo program to cut the cost down. In fact, he has managed to make it (jaw-dropping) 100 times lower than any competitors in the world!

article thumbnail

341: Maximize Container Efficiency, with Trakking

Let's Talk Supply Chain

Today I’m joined by Trakking , an innovative software brand that is on a mission to drive efficiency and reduce costs to increase the number of containers operating effectively across Canadian Ports. Trakking is a digital platform for sourcing, managing, and returning empty shipping line containers.

article thumbnail

Integrated Business Planning: A New Narrative for an Old Process

Supply Chain Trend

If we look back over the history of supply-chain planning, we can properly say we are in the third wave of integrated supply-chain planning software (Van Hove, 2019). New Product Review, a Demand Review, a Supply Review, and a Management Business Review. TRADITIONAL IBP AND PLANNING TECHNOLOGY.