In recent years, every organization has been enormously concerned about the sustainability of its supply chain. In fact, according to McKinsey, a consumer company's supply chain, for instance, accounts for more than 80% of its greenhouse-gas emissions and beyond 90% of its impact on air, land,
The Circular Economy: New Business Models and Supply Chains Needed
Here is a hard truth: Earth's resources are finite, and our planet's ability to absorb the waste and pollution we generate is decreasing inexorably year after year. You may already have heard about the circular economy or read some articles about it, but do you understand what it is? Do you know
How IoT, AI, and Blockchain Can Create a Sustainable Supply Chain
Sustainability has become one of the most important concerns of every organization across different industries. Research from McKinsey & Company shows that companies with high ratings for environmental, social, and governance (ESG) factors have a lower cost of debt and equity and outperform the
Balancing Supply Chain Risk and Performance
Maximizing supply chain performance at the lowest operating costs and the lowest inventory levels means eliminating duplication of facilities and redundancy of vehicles and routes. It also means reducing safety stock and work-in-process inventory at facilities. BUT elimination of duplicate
Why SCM Globe uses a Map-Based UI
Pencil and paper are great, but when it comes to designing a supply chain, we need tools that are dynamic and visual. Our supply chain simulator provides immediate feedback, allowing you to design, create, modify and optimize a supply chain in a short time and with great accuracy. Something that
A Multiplayer Supply Chain Game – Overview
You can think of business as a supply chain game between competing companies. To show what we mean, we offer this multiplayer, online supply chain game. This is not a game to merely entertain you, or help you memorize a few facts. It's a serious game to engage you, and help you learn real supply
Five New Supply Chain Technologies
Information technology is merging with traditional technologies used in manufacturing and supply chain operations. Traditional technologies such as machines that make products in factories, forklift trucks that move products within warehouses, and vehicles that deliver products to customers are all
Military Medical Logistics Training Simulations
The U.S. Department of Defense is embarking on an initiative to create a more agile and adaptable medical force. Healthcare depends on medical logistics, and military medical logistics needs to change and adapt to handle a future environment characterized by volatility, uncertainty and complexity.