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 […]

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 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 […]

Features of a Smart Inventory Management System

Inventory management in a business setting is one of the significant things you cannot do without. But then, it doesn’t come easily. There are lots of ideas and procedures you need to vehemently consider and put in place before it finally becomes a success. So it has grown considered one of the few things you […]

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 […]

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 […]

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 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 […]