Q&A: How does Supply Chain Visibility contribute to the optimization of logistics processes?
The complexity of global supply chains and the need to collaborate with a wide range of partners and stakeholders increases the importance of Supply Chain Visibility (SCV). In our Q&A, Ralf Boelicke, Head of Product & Partner Management at Hermes International, explains what is necessary for companies to use SCV profitably and what challenges need to be overcome when implementing a visibility strategy.
Scope 3 – Integrating environmental aspects into the SCM Strategy
In view of increasing legal requirements, sanction regulations and heightened public interest, companies are strategically strengthening their focus on sustainability. Under the Supply Chain Act or the new EU CSR Directive, it is therefore not just a matter of a company’s direct environmental impact, but also of Scope 3, i.e. the indirect emissions along the supply chain. Hence, if companies seek to achieve a net-zero objective, their efforts to reduce emissions must also focus on Scope 3. We discuss how environmental aspects can be integrated into the SCM strategy in order to advance the decarbonization of the entire value creation process.
Creating flexible Supply Chains: These are the resulting Synergies of Lean and Agile Strategies
Supply chain management encompasses all the steps involved in delivering a product or service from production to the end consumer. The longer and more complex a global supply chain is, the greater the risk of disruption between the extraction of raw materials and the point of sale (POS). So how can companies set up to be as resilient as possible in order to respond to volatile consumer behavior and rapidly changing economic conditions? In our latest article on the blog, we discuss the Lean and Agile models for supply chain management and explain how companies can benefit from the advantages of both strategies with a hybrid approach.
Real-time Transparency in SCM: Optimizing the Supply Chain from the Customer’s Perspective
In the globalized business world, supply chain optimization is crucially important for companies. The focus has shifted significantly in recent years: instead of concentrating exclusively on raising internal efficiency, meeting customer expectations is increasingly becoming the focus of strategic corporate alignment. Nowadays, customers appreciate being able to trace the route and origin of goods in order to make fact-based decisions about their purchases. In our blog article, we explain how real-time transparency in supply chain management (SCM) can help to significantly improve the customer experience.
Digital Transformation and Technologies in Supply Chain Sourcing
The increasing digitization of global supply chains is also having an impact on Supply Chain Sourcing: Companies are turning to smart technologies and strategies to optimize their procurement processes and better adapt to ever-changing market demands. The digital transformation in sourcing offers a multitude of opportunities and is fundamentally changing how managers identify, select, manage and interact with suppliers. We discuss how companies can optimize the different elements of Supply Chain Sourcing with the help of various technologies.
News and background information on supply chain management, international logistics and global sourcing.
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