Make-to-stock (MTS)

Make-to-stock (MTS)

What is Make-to-stock (MTS)? Make-to-Stock (MTS) is a traditional approach to manufacturing, where companies produce goods based on anticipated demand. The production is planned and scheduled ahead of time, with the output from one production cycle intended to fulfill...
Adaptability in Supply Chain Management

Adaptability in Supply Chain Management

What is Adaptability in Supply Chain Management? Adaptability in supply chain management refers to an organization’s ability to respond effectively and efficiently to changes, disruptions, and uncertainties in the supply chain environment. It is a crucial...
Cross Docking

Cross Docking

Methods and technologies that can streamline and minimize costs in the supply chain are continually being updated and modified for particular businesses in the logistics industry. Among them is cross-docking. Unloading freight from an inbound cargo and then loading it...
Supply Chain Risk Management and Contingency Planning

Supply Chain Risk Management and Contingency Planning

If there is one thing that people worldwide have learned from the COVID-19 pandemic, it is that you can never be too prepared. Moreover, it is impossible to know what the future holds, so planning and management are crucial. The same applies to businesses. As you know...