Five ways the Cloud is changing Supply Chain Management

There is no doubt that the accelerating pace of change in business shows no sign of slowing down. Customers now have high expectations, products are updated and introduced faster than ever, new companies are cropping into the market daily. In such conditions, a lack of agility and scalability can cost an organization dearly. This explains […]

6 Practical Warehouse Management Tips to Improve Inventory Control

Here are 6 Practical Warehouse Management Tips to Improve Inventory Control Plan the Warehouse Layout. Incorporate Efficient Weighing Systems. Arrange your Inventory Properly. Practice Cross Docking. Embrace Technology. Improve Demand Planning.   Plan the Warehouse Layout Plan the warehouse layout carefully to maximize the storage space. It should facilitate the movement of goods in the warehouse. […]

7 Supply Chain Trends for 2020 and beyond

Supply chains are the core of most businesses today. It is essential to keep all supply chain elements running as smoothly as possible to ensure on-time delivery of products and services. It is important to keep up with the latest supply chain statistics and it is equally significant to stay up-to-date with the latest supply chain […]

5 steps to initiate Supply Chain Transparency

Supply chain transparency is being implemented by more and more companies since it is a significant way to gain customer trust, attract talent, strengthen supplier relationships and manage risks. Various regulations now involve companies to reveal forced labour or conflict conditions in the extended supply chain.  “An opaque supply chain can cause many problems. For example: Most […]

5 Steps to digitize your Supply Chain

Global organizations such as GE, Amazon and other leaders began digitalizing their supply chain since years back. It is not too late for other businesses to start by empowering their operation teams. The objective of digital supply chains is mainly to minimize waste and increase profitability, whilst being an effective system. Some examples of such technologies […]

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 […]