There are four kinds of participants in every supply chain. They perform the activities that make a supply chain work and provide a reason for it to exist. These participants are: 1) producers; 2) distributors or wholesalers; 3) retailers; and 4) customers or consumers. Supplying customers demand
Moving from Fast Fashion to Slow, Circular Fashion
Fast Fashion - stylish and trendy clothing at affordable prices - is doing serious harm to people and to our planet! There's a big chance you are a fan of fast fashion, but do you know its dark side? Well, let's talk about that. The dark side of fast fashion Sustainability is not only about the
How IoT, AI, and Blockchain Can Create a Sustainable Supply Chain
Sustainability has become one of the most important concerns of every organization across different industries. Research from McKinsey & Company shows that companies with high ratings for environmental, social, and governance (ESG) factors have a lower cost of debt and equity and outperform the
Simulating Tesla’s Closed-Loop Supply Chain
For the last decades, the importance of sustainable supply chains has been increasing considerably. Customers and businesses start to realize that resources are limited and that our earth can't sustain constant consumption. A remarkable trend in sustainable supply chain has been the recognition of
Supply Chains of the Roman Empire
CASE STUDY CONCEPT: Supply chains of the Roman Empire had much in common with modern supply chains. Supply chains then and now require development of good mental models to understand them and keep them working well. Some ancient supply chains can also teach us lessons about sustainability that we