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,
A Brief Overview of EV Supply Chains
Despite the Covid-19 pandemic, 2020 was a successful year for the EV market and EV supply chains. Yes, the lockdown affected EV (electric vehicle) sales negatively. But, policy measures related to climate change in some countries, especially in Europe, financial incentives from governments, efforts
Hyperloop in Middle East Supply Chains
Four industrial engineering students at the American University of Sharjah, United Arab Emirates (UAE), created a set of supply chain models and simulations to analyze the potential for using hyperloop technology to improve regional supply chains in the Middle East. Their project won first place in
Introduction to Last Mile Delivery: Challenges and Solutions
After e-commerce became the new commerce, customer expectations for fast delivery of products have become a challenge. Last year, retail eCommerce had sales up to 4.28 trillion US dollars worldwide. With over two billion people purchasing goods online, customer behavior and expectations changed a
Vertical Farming for a Better Food Supply Chain
One of the biggest questions in the food supply chain is this: Will our global food system manage to satisfy the demand of more than 9 billion people by 2050? This article is divided into three parts. First, we talk briefly about how the food supply chain works. Secondly, we explain the
How to Solve Transportation Problems Using Excel Solver
Transportation costs are a significant component of the overall supply chain costs. Therefore, supply chain and logistics managers must take advantage of transportation's potential in terms of opportunities for cost reduction. In this article, we will be exploring one of the fundamental cases of
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