Earlier this week we celebrated the day the United States declared its independence from the British empire, effectively breaking free from its chains. This was a momentous and advantageous step for the United States, as is the case when anyone breaks free from chains. However, there is one chain that we shouldn’t want to break free from: the…
Running an efficient supply chain means delivering the right product to the right customer at the right time at the best cost. Making this goal of efficiency a reality can seem daunting but can be accomplished with these must-know tips. 1. Hire a Local Expert Global supply chains typically rely on subsidiaries around the world…
It’s impossible to see the future or know exactly if or when disaster will strike. It is possible to equip your supply chain with the necessary tools that will allow your business to carry on as usual in the face of disruptions. The key to such a resilient supply chain is ensuring its fluidity and…
If you want to eliminate waste and optimize business processes to cut costs and deliver valuable products to your customer, accurate forecasting through lean manufacturing is essential, and fortunately it’s also attainable by utilizing these principles.
For a company to continue to succeed, it needs to accept that change is inevitable and innovation is key, and it must possess the necessary aspects to thrive in the face of such. Change in the status quo can sometimes cause discomfort for a company and rarely does it come without growing pains. However, to remain competitive, businesses cannot…
Last week Nestle, the giant food and beverage company, discovered forced labor in its supply chain after a yearlong investigation into labor practices in Thailand’s food sectors. The company immediately tackled the issue of supply chain slavery by beginning work on developing a system to clean up its supply chain. Nestle has been commended for its…
Most people go on vacation for a little rest and relaxation. They spend hours researching hotels to find the best place to lay their head at night, and hotels pride themselves in offering top-of-the-line mattresses to ensure their guests get a great night’s sleep. However, no matter how comfortable the mattress is, those who venture…
There are two types of people: those who allow risks to paralyze them and those who acknowledge risks and continue on their path regardless. Here at Dolven Enterprises, we are on a journey to discover the most efficient way to utilize the global supply chain. Despite the many risks inherent to managing a global supply chain,…
Imagine you are climbing a mountain. Now, imagine you’re climbing that mountain without a guide or a map or any other supplies. If you’re still imagining yourself climbing that mountain, you’re probably terrified because no one should attempt this, just as no one should attempt to navigate the global supply chain on their own. In fact, to scale a mountain,…
With something containing as many moving parts as the global supply chain, challenges undoubtedly arise. But any supply chain management team worth its salt will forge ahead and rise to the challenge, persevere and discover creative solutions. Challenge: When you have to provide the correct amount of the right products at exactly the right time, it is easy…
