How are Top Fortune 500 companies using eLearning to boost productivity?

41.7% of the most profitable companies in the world, listed in the Fortune 500, are currently using eLearning tools for online training. Such solutions are helpful for training new employees and at the same time help to make ongoing employee education both affordable and effective. Using an innovative corporate eLearning solution makes employees better equipped […]

How eLearning can help to overcome the Manufacturing Skills Gap?

In the next decade, almost three and a half million manufacturing jobs will need qualified professionals. However, the skills gap means 2 million of those jobs will remain vacant. Based on the 2015-2025 Skills Gap report from Deloitte Consulting, LLP and the Manufacturing Institute, the result of this shortage will be a major problem for […]

How to leverage IoT Benefits to transform your Supply Chain?

Many business organizations are currently redesigning their supply chain management to adapt to the modern age. The objective behind this is not only to meet consumer needs but also to address the major blockages which prevent business growth.  For example, some of the key supply chain related challenges confronting businesses across the world are: delayed order […]

How to survive the Amazon Effect?

In today’s evolving corporate world, Amazon and other ecommerce and tech innovators continue to raise the bar when it comes to customer expectations. As suggested by its name, the Amazon effect refers to Amazon’s influence. In fact, Amazon recognized the thriving opportunity in the market and used the web to revolutionize how we buy and […]

How will Smart Manufacturing support your business goals?

Smart manufacturing refers to the use of advanced tools to manage the flow of raw materials, the manufacturing process, and fulfillment of inventory on time. In other words, it optimizes the manufacturing process through big data analysis and computer controls. Many global organizations are now opting for smart manufacturing. This is mainly because it can […]

The presence of autonomous vehicles and its impact on Supply Chains

It is certain that the transportation technology is in the midst of a revolution and autonomous vehicles are now the buzzword in the logistics industry. Advanced technologies are constantly improving the effectiveness of current transportation methods and these new developments are bound to re-shape mobility. A combination of developments in sophisticated computer navigation, GPS technology, […]

How does the Chinese New Year affect Global Supply Chain?

The Chinese New Year (CNY) normally represents the largest annual mass migration on the planet. You would certainly know this already if you outsource any product from China. Generally, CNY creates two to four weeks of complete silence from an entire country, including your suppliers, contract manufacturers, and partners. Almost everything shuts down, including the government […]

How will the US-China trade war affect global Supply Chain?

Today, trade war is the highest risk to global growth. Previously, lower tariffs and relaxed trade barriers reinforced global supply chain and caused a major increase in global trade. According to statistics, the average rate of tariffs on imports by World Trade Organization members declined from a little more than 12.74% in 1996 to 8.8% in 2016. Hence, […]

10 Strategies for improving Supplier Relationship Management

There is no doubt that strategic supplier relationship management is one of the most important means to drive competitive advantage for modern multi-national corporations. It is as important to extract the best from key partners as getting the best from employees. Let’s take for instance, companies like Toyota which excelled in supplier management, leading to a […]