Braving the convoluted labyrinth that is product creation and distribution might be one of the greatest challenges of owning a business. Every step, from idea to customer, offers different possibilities and problems that need careful consideration and calculated judgment. To achieve sustained growth …
Supply Chain Articles and Interviews (tag)
The Importance of the Supply Chain in Customer Satisfaction
Happy and satisfied customers make one of the most important assets a company can ever hope to have. For instance, in a recent survey, 61% of small and medium business owners stated that more than half of their revenue comes from repeat business. Furthermore, loyal customers will, on average, spend …
Common Supply Chain Problems and How to Overcome Them
The supply chain is a complex machine, constantly chugging along every day. From manufacturing to transport, supply chains can suffer a number of setbacks or potential problems at any time. A significant part of running any modern business should involve finding ways to increase supply chain …
How to Find Reliable Paper Product Suppliers
If you are running a manufacturing company and need to find reliable paper product suppliers, you should identify the best suppliers available. You may be tempted to focus only on the best price available on the market, but you should consider the following factors instead of solely focusing on …
Re-Evaluate Your Supply Chain with Data-Driven Supply Chain Management
We all saw how rapidly supply chains can disintegrate and how disruption can impact our businesses. In many ways, we’re still dealing with supply chain disruptions from the COVID pandemic. Pre-COVID, retailers typically carried forty-three days of inventory. Today, inventory has been reduced to …
How to Ensure Your Supply Chain Runs Smoothly
Improving your supply chain performance is something all SMEs should consider as essential maintenance on their businesses. Poor supply chain performance can lead to all kinds of issues, impacting your overall business strategy and leaving your firm struggling to match competitors in your industry. …