The CGN Edge Blog

Green Supply Chain Management: A  Key Differentiator That Can Drive Your Bottom Line

Introduction

As the world grows more conscientious of environmental issues and global warming, companies are adopting greener and more sustainable business practices. Companies are reevaluating their supply chains, from purchasing, manufacturing processes, managing the use of materials, logistics, and distribution of final products. Green Supply Chain Management drives value creation across a supply chain to reduce environmental effects. Improved environmental performance means lower waste disposal and lower overhead costs.

Metrics Management: You are What You Measure

Multi-tier Supply Chain Visibility

Enabling cost reduction opportunities, exposing hidden risk, and the CGN methodology for success.

Additive Manufacturing 'Destined for a Niche Role in Aftermarket Supply Chain'

Understanding the Challenges of Spare Parts Business

Today’s spare parts businesses face increasing complexity and competition. OEMs deal with low volume and high part variants. The growing list of variants leads to massive warehousing, a large inventory of obsolete parts. Additionally, intricate logistical efforts are needed, because products must be distributed and transported over long distances with high requirements, in terms of delivery and date reliability. It is becoming critical for companies to focus on supply chain integration, including internal constituents (allied functions) and external trading partners (contract manufacturers, suppliers, transportation carriers, and logistics providers).

Digital Trends: Time for Change

“The greatest danger in times of turbulence is not the turbulence — it is to act with yesterday’s logic.” - Peter Drucker

 

By Akshay Balachandran

 

DIGITAL TRENDS

According to Forbes:

  • 1% of data is currently being used effectively
  • Data usage will grow to 4% with use of artificial intelligence (AI)
  • 2 years for blockchain to be easily implemented in applications beyond cryptocurrency
  • 40% of businesses will adopt "chat-bots," with enhanced capabilities by the end of 2019