How Blockchain is revolutionizing Supply Chain Management?

Blockchain has been designated as one of the top ten emerging technologies by the World Economic Forum , based on its potential to drastically change the way economies function. While the most prominent use of blockchain is in the cryptocurrency, it also has the potential to transform the procurement & supply chain functions. Handling today’s supply chains is highly […]

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Top 7 Supply Chain Elements for Business Success

Supply chain is undoubtedly a significant determining factor of competitive advantage. Usually, the part in which most companies face ineffectiveness is often the supply chain. It involves all of the products and raw materials that go into a company to the finished products that go into the consumers’ hands. Managing a supply chain effectively require planning, […]

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5 Steps to drive value into the Supply Chain

In today’s rapidly evolving and competitive corporate environment, it is essential to shift from a traditional transaction-based (more tactical) to a value-oriented supply chain for companies to recognize their full market potential. Driving value into the supply chain means more collaboration and the ability to obtain the relevant data needed to make quicker and more […]

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Best Practices for Managing Strategic Suppliers effectively

Managing strategic suppliers effectively is essential to drive competitive advantage for modern global organizations. The key lies in the ability to extract the best from key partners. The presence of strategic vendors and suppliers is critical to provide products or services that meet your company’s major demand requirements and plays a vital role in your […]

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Why is logistics training so important to Supply Chains?

As an integral part of supply chain management, logistics plays an important role to keep the supply chain strong. It plans, implements and controls the flow and storage of goods and services in order to meet customer’s requirements. Logistics management cannot be overlooked as it contributes greatly to the success of any company’s operations and […]

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Demand Forecasting: The key to a more effective Supply Chain

In today’s evolving corporate world, an effective and performing supply chain is crucial for success. However, various companies face challenges such as their inability to meet customer service expectations despite having high levels of slow-turning inventory. This is usually what an under-performing supply chain leads to. It is the result of poor forecasting accuracy, ineffective […]

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Best practices to improve Supply Chain productivity

The supply chain is now increasingly viewed as an essential determinant of competitive advantage. Organizations have realized that their supply chain is much more than the cost of getting products into consumers’ hands. Companies have recognized the importance of the supply chain in translating corporate strategy into daily interactions both within and beyond the organization. […]

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7 key competencies needed to be a successful Project Manager

Project management requires efforts and it is certainly not an easy job. It involves several steps; from the initiation, planning, executing, and controlling to the closing of a project. The most challenging part is that the project is delegated to a team with specific goals to achieve over a defined timeline for a determined budget. […]

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