Remove 2011 Remove Supply Chain Efficiency Remove Supply chain management
article thumbnail

2011 To 2025: The Evolution Of How The C-Suite And Boardroom Views Procurement

Procurement Insights

The following is a 31-minute video of a 2011 lecture I gave at eWorld. 2011 eWorld Video THE EVOLUTION OF THE CFO VIEW Between 2011 and 2024 , CFOs’ views of procurement have evolved significantly, reflecting changes in the business environment, technology, and organizational priorities.

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. Rider (1970)).

professionals

Sign Up for our Newsletter

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

article thumbnail

What is Economic Order Quantity & its Advantages

SCMDOJO

Like safety stock calculations , EOQ is one of the most important equations in supply chain planning. With the rise of COVID-19, the supply chain in is facing a huge challenge in the lead time. Author : Emad Atef – CSCA, MBA (Candidate), Procurement and Sourcing Manager. References. Bowersox, David J.

Quantity 131
article thumbnail

7 Megatrends Supply Chain People Should Watch

Supply Chain Opz

Current logistics and supply chain management trends are discussed very often on social media sites. In the year 2000, Journal of Business Logistics published the article named " Ten Mega-Trends That Will Revolutionize Supply Chain Logistics ". How can we identify them really? What''s Next?

article thumbnail

The Rise of Women in Supply Chain: Career Choice

SCMDOJO

In recent years, there has been a significant shift in the supply chain industry as more and more women are choosing careers in this traditionally male-dominated field. This rise of women in the supply chain is not only breaking gender barriers but also bringing a fresh perspective and new ideas to the table.

article thumbnail

Top 10 Transportation Challenges and Solutions Identified in Research

SCMDOJO

This article explores challenges identified in a research paper by McKinnon (2006) focusing on vehicle utilization and efficiency in the freight industry [1]. Urban consolidation centers: Establishing strategically located hubs allows for the consolidation of smaller deliveries into larger, more efficient routes for final distribution [2].

article thumbnail

The Importance of Supply Chain Visibility for Procurement

NLPA (Next Level Purchasing Association)

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. By having a clear view of their entire supply chain, businesses can identify potential issues and take steps to mitigate them. million, up from $1.9