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Best Practices for Optimizing Your Supply Chain

As the business environment continues becoming increasingly competitive, optimizing the supply chain is proving to be critical to the success of any organization. With an efficient supply chain, you can reap big in terms of reduced costs, improved customer service, and increased profits. This article will assess the best practices for optimizing your supply chain.

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Girl Scout Cookies - The Latest Food Plagued By Supply Chain Disruption

Even the Girl Scouts aren’t safe from supply chain issues as the beloved cookies have become the latest causality in the on-going supply chain woes that continue to plague the world since  the Covid-19 pandemic began in 2020.

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Check These Ideas to Make Your Supply Chain Better

A supply chain is the backbone of any business that intends to succeed, without which operations will be affected. The processes in a supply chain involve moving products from the point of origin to the point of consumption. A smooth, organized and efficient supply chain is important for the success of any business. As you seek to improve your supply chain, check these ideas to make your supply chain better.

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4 Key Steps to Integrate ESG into Supply Chain Management

While ESG goals and standards have continued to evolve within supply chain operations, there is also an opportunity to create new avenues for growth within this space. Now is the perfect opportunity to evaluate the role ESG plays in supply chains and to make foundational, forward-thinking changes.

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Eggs - The Latest Food to be Affected By Supply Chain Disruption

The latest food to be affected by supply chain disruption are eggs. Stores have had a hard time keeping eggs in stock mainly due to an outbreak of the Highly Pathogenic Avian Influenza (HPAI)

that’s killed 43 million egg-laying hens since February 2022.

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ESG Risks in the Supply Chain

With companies’ continued reliance on global supply chains, managing environmental, social, and governance (ESG) risks is becoming increasingly important. ESG risks refer to potential negative impacts on a company’s environment, society, governance and operations. These risks can arise at any point in the supply chain and can have serious consequences for businesses if not properly addressed. One example of an ESG risk in the supply chain is climate change and emissions. If a company’s supplier is not taking steps to reduce their carbon footprint, it could lead to higher emissions and contribute to climate change. This could result in regulatory consequences and damage the company’s reputation and potentially lead to financial losses.

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The Importance Of Sustainability And Social Responsibility In The Supply Chain

In recent years, the importance of sustainability and social responsibility in the supply chain has become increasingly apparent. Customers, employees, shareholders and governments have started to pressure supply chain firms to ensure greater environmental stewardship and increase social responsibility. Thus, supply chain sustainability has become a crucial talking point for many people in different circles. Therefore, ensuring that this process is sustainable and socially responsible is essential for businesses' long-term success and viability.

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The Top Challenges Facing Supply Chain Professionals in 2023 and How to Overcome Them

As the world becomes increasingly interconnected and globalized, the challenges facing supply chain professionals continue to grow and evolve. From port congestion and rising freight costs to labour and material shortages and the need to restructure supply chains, supply chain professionals must constantly adapt and find creative solutions to stay ahead of the game. In this article, we will explore some of the top challenges facing supply chain professionals in 2022 and provide strategies for overcoming them.

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Digitize Your Supply Chain for Better Performance

In today’s fast-paced and competitive business environment, having an efficient and effective supply chain is essential for success. By digitizing your supply chain, you can improve performance, reduce costs, and gain a competitive advantage. One of the key benefits of digitizing your supply chain is improved visibility and transparency. With digital tools and technologies, you can track and monitor the entire supply chain process, from production to delivery. This allows you to identify bottlenecks, optimize processes, and make more informed decisions. Here are some benefits you will get when you digitize your supply chain’s quality inspection.

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4 Key Steps to Integrate ESG into Supply Chain Management

While ESG goals and standards have continued to evolve within supply chain operations, there is also an opportunity to create new avenues for growth within this space. Now is the perfect opportunity to evaluate the role ESG plays in supply chains and to make foundational, forward-thinking changes.

Read more...

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