Backward integration strengthens a company's supply chain by acquiring suppliers. Learn its benefits, challenges, and examples for efficient business growth.

For the supply chain to work efficiently, physicians need to be involved in decision-making. But physicians must also be onboard with the strategy to take variation out of the system. There needs to ...

Without a doubt, the world’s supply chains have been put to the test in the past 18 months — as market demand and availability of supplies became unpredictable thanks to COVID-19 disruptions. In ...

The past few years have been tumultuous in the supply chain space. Organisations have commenced implementations using sensor-based Internet of Things (IoT) data for creating revolutionary new ...

In today’s increasingly complex and digitally driven supply chain, where competitive advantage can quickly evaporate and on-time practically means yesterday, smart integration is essential to stay ...

The relentless growth of e-commerce sales, now approaching pandemic levels, has reshaped the supply chain. The continuing focus on highly personalized sales strains the pipeline by increasing delivery ...

The supplier-buyer relationship is dynamic and in a constant state of change. We have seen first-hand how successful suppliers position themselves to capitalize on the partnership. Buyers typically ...

How can SMEs systematically identify specific constraints and performance gaps that inhibit their competitiveness? Where can they turn for assistance? One approach is to develop close relationships ...

Tighter integration of information and physical flows in supply chains can save from 2.3% to 48% in system cost reductions. Successful industry examples prove that tighter integration of information ...

This paper examines EU global value-chain (GVC) integration and analyzes its drivers using machine learning models, with case studies of Portugal and Belgium. GVC participation appears to boost ...