Investopedia defines Supply Chain Management (SCM) as following:
Supply chain management (SCM) is the management of the flow of goods and services and includes all processes that transform raw materials into final products. It involves the active streamlining of a business’s supply-side activities to maximize customer value and gain a competitive advantage in the marketplace.
The vast majority of emissions in manufacturing companies come from suppliers. That’s why close, green and continuous collaboration is crucial for the green…
Value chains are complex and vulnerable in nowadays’ networked business ecosystems. Manufacturing companies are highly dependent on their suppliers e.g. in terms of…
Shortages in raw materials and overloaded logistics have created major delays and challenges in manufacturing supply chains. Companies are very dependent on the…
Author: Professor Jukka Vesalainen, University of Vaasa This paper discusses the role and opportunities of digitalization of supply chain management (SCM) in the…
The year is almost over, and it’s time to summarize the key takeaways! What is Supplier Experience? At the beginning of the year,…
Danfoss Drives is a global leader in the variable speed control of electronic motors. The company is developing, manufacturing, and supplying low voltage…
Review of the key business drivers of procurement organisations in manufacturing ecosystem Background of the analysis Today, hardly anyone can question the procurement’s…
Professor Jukka Vesalainen from the University of Vaasa and CMO Jarl Matti Anttila from Jakamo had a dialogue on how to build a…
I came across an interesting article from Tristan Pollock, Head of Community at CTO.ai, about workflow automation in the Venture Beat magazine. The…
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