Supply chain competitions are a great opportunity for students to bridge the gap between theory and reality. They develop their creativity and their ability to apply technical knowledge to solve realistic supply chain problems. After the success we had in the first Morocco competition last summer,
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
Four Participants in Every Supply Chain
There are four kinds of participants in every supply chain. They perform the activities that make a supply chain work and provide a reason for it to exist. These participants are: 1) producers; 2) distributors or wholesalers; 3) retailers; and 4) customers or consumers. Supplying customers demand
Moving from Fast Fashion to Slow, Circular Fashion
Fast Fashion - stylish and trendy clothing at affordable prices - is doing serious harm to people and to our planet! There's a big chance you are a fan of fast fashion, but do you know its dark side? Well, let's talk about that. The dark side of fast fashion Sustainability is not only about the
Strategic Supply Chains – Improving Battle Strategies
Teams of Air Force officers studying military logistics at the Air Force Institute of Technology (AFIT) used simulations to recreate and redesign the supply chains that supported three critical campaigns of World War II. Those campaigns were: 1) British Army's campaign against the Italian and
Challenge Based Learning in Supply Chain Management
Content and information are everywhere nowadays. Anyone can learn anything on the web with easy access. Therefore, traditional teaching and learning methods, which are considered content-centered, are not as effective as they used to be. Students lose their motivation since they are sure they will
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