Time is the most vital and fundamental element in all matters in the supply chain. Businesses want to meet consumer expectations and demands, which are frequently reshaped in changing market conditions. Speed in the supply chain is an important issue for businesses that want to survive and succeed in a tough competitive environment by applying…
As uncertainties and risks increase in supply chains, which have transformed into a more complex system with globalization, due to the impact of various socioeconomic agendas, this situation may reflect negatively on the overall economic picture. For this reason, businesses prepare risk management plans to manage uncertainties and risks related to the supply chain to…
The World Economic Forum characterizes the climate crisis as “a serious existential risk for our world”. It is stated that this great global danger is largely caused by companies. Moreover, according to the data, more than 90 per cent of the carbon footprint of companies originates from the supply chain created by their suppliers stretching…
An important part of supply chain management is shaped by creating and maintaining special communication values in managing relationships with all target groups. Managing this, in turn, leads to increased supplier satisfaction and customer satisfaction, which in turn can contribute to the ultimate goal of reputation building. In a typical supply chain network for a…
Developments in the ordering process, which is one of the basic functions of the supply chain, affect each of the supply actors forming the links of the chain. At each level of the supply chain, demand variation increases exponentially, depending on the order from the previous level. This triggers a chained demand fluctuation in the…
For the last two years, businesses have been facing problems caused by the disproportion between the supply and demand of products offered in global markets; domestic and global production has been halted, logistics has become more difficult, inventory problems and various related crises. Along with the crises, the functional involvement of the logistics and transportation…
At the end of the last decade of development, the supply chain has become completely different with digital transformation. By 2023, at least 50 per cent of large global companies will be using artificial intelligence. As the supply chain continues to change and renew as a direct result of the impact of technology, real-time has…
Pandemic-era problems around the world have caused crises in the supply chain in issues such as stocks, distribution, order delays and empty shelves, and speed, full visibility, transparency, and accuracy have become more important than ever in the supply network. Supply chain professionals must therefore recognize the importance of technology and future-proof investment in business…
In recent years, enterprises have been looking for formulas to overcome the challenges of supply chain disruptions, labor issues, rising transportation costs and responsibilities such as creating a low carbon footprint, as well as vital issues such as protecting against digital attacks. Over the last decade, supply chains have adopted the technologies of the era…
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…
