The classical supply chain approach is evolving with the developments of the era and sustainability concerns, shaping the way companies do business under the umbrella of today’s modern sustainable supply chain approach. As global trade giants put sustainability sanctions on the agenda, the need for integration in business practices increases, while traditional priorities such as…
We often hear the saying “time is money” in business life. In the supply chain, providing the right product or service at the right time and on-time delivery is one of the most critical issues. Due to the Covid 19 pandemic, the supply chain has been tested with this problem the most. While the crises…
One of the most complex areas of supply chain is undoubtedly the automotive industry. Considering that more than half of the world’s automotive production is located in Asia, and that China accounts for a quarter of global production, we are faced with an extremely complex global supply chain network. Providing the necessary materials, parts and…
We encounter the power of technology in the application of innovation and change in almost every field of life. We make use of various technological infrastructures in each of the invisible stages of the product we choose from a market, from production to our basket, in medical tools used in surgeries, in the technical equipment…
The supply chain, which enables a manufactured product to reach the consumer in one or more steps and is therefore a set of many different and detailed processes, includes many specialized terms due to its complex nature. To be successful in supply chain management and to achieve an efficient supply chain, it is important to…
During the Second World War, the British gathered leading scientists to decipher encrypted messages from German submarines. Among them, only Alan Mathison Turing poses a question for cryptanalysis: “Can machines think?” Turing, who broke the Enigma code and, according to some, helped end the war two years early, paved the way for artificial intelligence. Starting…
General customer segmentation packages, mass marketing campaigns, and efforts aimed at the general target audience to attract the attention of customers and maintain interaction with them are a thing of the past. As communication has become much faster and more accessible with the acceleration of digitalization, it has also become more complex and challenging in…
With the development and widespread use of 3D Printing technology, it means overcoming a major barrier in the manufacture of products related to different areas of expertise and needs and moving to a new dimension in the business world due to operational changes. This technology offers significant benefits such as obtaining a three-dimensional model of…
The sustainability agenda due to global warming, technological developments, and changing consumer behaviors and expectations necessitate digital transformation in the automotive industry. In the automotive industry, original equipment manufacturers (OEMs) are establishing new units with a wave of co-operation and investments are being carried into the future. Although vehicles are not yet ready for mass…
Outsourcing, in its most basic form, is the outsourcing of a good or service that was previously produced by the company. Outsourcing, which started in the 1980s, has become widespread all over the world after the 90s. In order to focus on their core capabilities, businesses delegate some of their work within the projects carried…
