Entries by Markus Steiner

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The Objectives of Supply Chain Management

In today’s increasingly globalized business environment, efficient global supply chains play a pivotal role. The COVID-19 pandemic brought to light the significant impact of supply chain disruptions, leading to shortages and substantially higher procurement costs, ultimately affecting global production. One of the primary goals of Supply Chain Management (SCM) is to proactively avoid such situations. […]

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Outsourcing to Asia

In today’s business landscape, companies in the DACH region face immense challenges due to rapidly increasing competitive pressure. Customers not only expect consistently higher quality and better services, but also competitive prices. Outsourcing to Asia can be the ideal solution as it offers the advantages of lower costs, a well-trained workforce, and greater flexibility. However, […]

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What is turnaround management?

Globalisation is putting increasing pressure on SMEs in the DACH region to operate as efficiently and competitively as possible. However, not all of them succeed in this endeavor, and quickly find themselves in a state of financial emergency. In situations such as these, a fast and targeted turnaround management is vital to put the company […]

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