Companies acting alone in responding to food recalls, rather than collaborating with supply chain partners, are only prolonging the exposure of compromised products in the marketplace.
Supplier diversity programs are not only good for society; they’re crucial to enhancing supply chain competitiveness, risk mitigation and cost reduction for businesses.
For years, businesses have debated which is superior — EDI or API — but as companies evolve and require a more diverse set of tools, they realize that both play an important role.
The potential of cobots in packaging — driven by AI, machine learning, and IoT integration — promises a new era of smart packaging lines and predictive maintenance.
While more conventional direct theft of freight during transit still does occur, theft resulting from fraudulent activity has risen sharply in the last 18 months.
Supply chain network design, a branch of operations research, helps in strategic decision-making about nodes, sourcing, transportation modes and inventory levels.