Supply chain management also helps companies anticipate and mitigate risks (such as supply chain disruptions) and track compliance with regulations and standards. By helping products arrive on time and in good condition, supply chain management can improve customer satisfaction and loyalty.

For example, IBM® Trust Your Supplier, a supply chain risk management software solution, helps ensure suppliers and other partners in the supply chain meet global and industry standards, provides continuous monitoring and risk assessment and uses blockchain-based information management to ensure transparency and traceability.

2023年12月2日 · The Council of Supply Chain Management Professionals (CSCMP) defines supply chain sustainability as the management of environmental and social impacts within and across networks consisting of suppliers, manufacturers, distributors and customers in line with the UN Sustainable Development Goals. 2 These efforts span every phase of the supply ...

2024年3月14日 · Technology plays a pivotal role in supporting supply chain sustainability initiatives. Artificial intelligence (AI) and machine learning (ML) can enhance supply chain visibility by tracking and analyzing data across the value chain. This allows for better risk management and decision-making, and may limit the impact of global disruptions.

2024年5月20日 · Using artificial intelligence (AI) in supply chains can revolutionize the planning, production, management and optimization of supply chain activities. By processing vast amounts of data, predicting trends and performing complex tasks in real time, AI can improve supply chain decision-making and operational efficiency.

2023年4月19日 · A transportation management system (TMS) is a real-time logistics tool that streamlines a company's ability to manage its inbound and outbound shipping. TMS solutions, often provided as software-as-a-service (SaaS), can often plug into a company's enterprise resource planning (ERP) or supply chain management (SCM) software.

2023年11月22日 · Enterprise resource planning (ERP) solutions offer organizations a one-stop-shop for managing daily operations. The business management software has gained popularity in the business world as organizations try to keep up with the changing landscape. As with most business solutions, there are advantages and disadvantages of ERP systems to consider.

Blockchain benefits in supply chain and food chain Building trust between trading partners, providing end-to-end visibility, streamlining processes and resolving issues faster with blockchain all add up to stronger, more resilient supply chains and better business relationships.

Businesses and consumers want brands to guarantee product authenticity, while supply chain participants demand responsible sourcing and better visibility to minimize disputes. Blockchain for supply chain solutions help supply chain leaders use data to handle the disruptions of today and build resiliency for the future.

Inventory can be a company’s most important asset. Inventory management is where all the elements of the supply chain converge. Too little inventory when and where it's needed can create unhappy customers. But a large inventory has its own liabilities, the cost to store and insure it, and the risk of spoilage, theft and damage.