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Supply chain planning and execution

• supply chain planning (SCP)

  Supply chain planning (SCP) is the component of supply chain management (SCM) involved with predicting future requirements to balance supply and demand. Continue Reading

• supply chain sustainability (SCS)

  Supply chain sustainability (SCS) is a holistic view of supply chain processes, logistics and technologies that addresses the environmental, social, economic and legal aspects of a supply chain's components. Continue Reading

• logistics

  Logistics is the process of planning and executing the efficient transportation and storage of goods from the point of origin to the point of consumption. Continue Reading

• service supply chain

  The service supply chain is the part of the supply chain dedicated to providing service on products. Continue Reading

• Demand Planning

  Demand planning is the process of forecasting the demand for a product or service so it can be produced and delivered more efficiently and to the satisfaction of customers. Continue Reading

• Definitions to Get Started

  • supply chain planning (SCP)
  • supply chain sustainability (SCS)
  • logistics
  • service supply chain

  • Demand Planning
  • asset performance management (APM)
  • 3PL (third-party logistics)
  • Kaizen (continuous improvement)

  View All Definitions

• Why is supplier segmentation key to supplier relationship management?

  Your customer relies on your supply chain to work well, so that means you need effective supplier relationship management. Here's information to help you create it.Continue Reading

• What is the difference between logistics and supply chain management?

  Logistics is part of supply chain management, but the two terms are often used synonymously. Here's a quick explanation of how these two are different.Continue Reading

• asset performance management (APM)

  Asset performance management (APM) is both a strategy and a set of software tools for tracking and managing the health of an organization's physical assets.Continue Reading

• What are some best practices for crafting a supply chain technology strategy?

  Supply chain managers have a tough job and face many challenges. Technology can help but must also be approached with return on investment top of mind. Here are three tips that can help.Continue Reading

• Supply chain blockchain is quickly taking hold

  The pieces needed to create supply chain blockchain networks are emerging. But blockchain won't fix all the problems that supply chains face, such as theft and data accuracy.Continue Reading

• 3PL (third-party logistics)

  A 3PL (third-party logistics) provider offers outsourced logistics services, which encompass anything that involves management of one or more facets of procurement and fulfillment activities.Continue Reading

• Kaizen (continuous improvement)

  Kaizen is an approach to creating continuous improvement based on the idea that small, ongoing positive changes can reap major improvements.Continue Reading

• virtual commissioning

  Virtual commissioning is the practice of using 3D technology to create a simulation model of a manufacturing plant so that proposed changes and upgrades can be tested before they are implemented to the actual plant.Continue Reading

• Get to Industry 4.0 with a smart factory roadmap

  Creating a smart factory needn't require starting from scratch. Here's advice on how you can create connectivity with the industrial machines you do have.Continue Reading

• material requirements planning (MRP)

  Material requirements planning (MRP) refers to production planning and inventory control software systems that are used to manage the manufacturing process.Continue Reading