Supply Chain Management: History and Importance

Historical evolution of supply chain management and its role

Supply chain management is crucial for maintaining the success of economies and multinational companies. It is also essential for modern business operations, ensuring that goods flow efficiently from one place to another. Supply chain management has been revolutionized from initial container handling methods to ocean-going containers and from containerization to computerization. The history of supply […]

Importance of Transparency in Modern Supply Chains

Transparency in modern supply chains efficiency, risk management, and customer trust.

Transparency in modern supply chains is necessary to establish credibility between suppliers, manufacturers, distributors, and consumers. Modern supply chains are a framework of resources, stakeholders, and technology that improves the operational efficiency of supply chains, enhances agility, and offers greater flexibility and cost savings. With the evolving needs of consumers, the modern supply chain has […]