Supply Chain Management

4 Elements of Supply Chain Management Title

4 Elements of Supply Chain Management

Businesses rely heavily on a good supply chain system to oversee the entire manufacturing process, from raw material procurement to product production and distribution to customers. Supply chain management is divided into several sections, including such as supply chain phases, features of supply chain and elements of supply chain management. Integration, operations, purchasing and distribution are the four elements of […]

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Automotive Industry

Top 5 Supply Chain Challenges in the Automotive Industry

The automotive supply chain is one of the most complex in the world. This industry relies heavily on third-party companies working together to supply thousands of parts needed to complete manufacturing processes and deliver high-quality products. Automotive supply chain companies are constantly implementing new technology, allowing them access to thousands of inventories, and with the

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What is Supply Chain Management and Why is it important

What is Supply Chain Management and Why is it Important?

Supply Chain Management (SCM) is a critical aspect of any small or large business. SCM is the active management of supply chain activities to maximize customer value and generate a sustainable competitive advantage. SCM also includes the movement and storage of raw materials, as well as inventory management and the tracking of finished goods from

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Benefits of Electronic Components

Benefits of Electronic Component Kitting

Electronic component kitting is a manufacturing process that involves physically assembling a production-ready kit of parts and components for delivery to a point of assembly to manufacture an electronic device. The use of electronic component kitting allows the assembly line to operate faster and more efficiently. Having kits on hand is a low-cost solution that will

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Love your supply chain

Q&A | Helping OEMs Love Their Supply Chain

We sat down with David Schultz, NewStream’s business development manager, recently to discuss the process for onboarding new customers, their concerns, NewStream’s value adds, and how we help original equipment manufacturers (OEMs) love their supply chain. What is your favorite part about working at NewStream?   A:  For starters, I love our culture, our people, and

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rerouting supply chains

Rerouting Supply Chains

With the advancement of digital technologies that enable real-time supply chain management, coordinating global supply lines across a wide range of industries—from food and beverage to pharmaceuticals and healthcare—is now possible. This is especially helpful because, as we’ve learned with COVID-19, supply chain ecosystems can be impacted by catastrophic events such as trade issues, natural

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Logistics & Supply Chain Management

An Overview of Logistics & Supply Chain Management

Product managers, purchasing managers and VP’s are concerned with keeping their costs contained and reducing friction points, thus, proficient and well-planned logistics and supply chain management procedures will always be key. Whether outsourced to a 3rd party logistics provider (3PL) or done in-house, companies can increase cash flow and reduce costs with custom-designed logistics capabilities.

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