How can AI make supply chain more sustainable?

In today’s evolving world, highly informed consumers are more aware about their purchases than ever before. Among their expectations, they want organisations to meet a certain set of ethical standards as far as the supply chain is concerned. Companies have no choice than to enact significant changes that ensure environment protection, decreased damage, and sustainable sourcing, […]

Identifying and mitigating Supply Chain risks

Supply chain risks are becoming a foremost concern for businesses today. Organizations lose millions because of cost volatility, supply disruption, non-compliance fines and incidents that cause damage to the organizational brand and reputation. For example: corruption, salmonella in the spinach and forced labor in the supply chain can all result in brand-damaging headlines that can […]

How to boost customer loyalty using big data analytics?

It is the age of informed and proactive customers. Nowadays, with just one click, customers can have all the information they need. This has led them to more opportunities and choices, making them less likely to remain loyal to one brand, but rather, to experiment with different ones. The advent of social media has also […]

Is your business ready for the Internet of Things?

The internet of things (IoT) is certainly one of the biggest trends in tech right now, and its popularity is growing day by day. There has been some impressive statistics in recent years about the internet of things (IoT). For instance, since 2011, General Electric has publicly stated it would spend more than $1 billion on developing […]

Addressing the digital skills gap in Supply Chains

Global supply chains are going through various changes and many organizations are recognizing that implementing new technology will help them face these changes, streamline their operations, and save time and money. There is a pressure to adopt new technologies to stay ahead of the game and at the same time, businesses of all sizes are […]

The Amazon Effect on Inventory Management

There is no doubt that people are becoming increasingly aware of the impact that Amazon and e-commerce are having on society today. Many of us tend to view this as a phenomenon that’s occurring strictly in retail. Yet, this “Amazon Effect” has a significant impact that reaches all levels of inventory and supply chain management. […]

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 […]