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 […]

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 […]

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 […]

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. […]

Building Business Value with a Digital Supply Chain

Supply chain focuses on the movement of materials, finished goods, capital, and other assets from place to place, as well as the production of finished goods. All these were previously executed discretely to finally reach the hands of customer. Nowadays, digitization has proved to be a game changer in bringing transparency in supply chain functions; […]

Boosting Supply Chain Agility for competitive advantage

Supply chain agility has emerged as a leading competitive feature for organizations operating in evolving business environments. According to a recent survey, 97 percent of supply chain operators experience some type of challenge as they continue to move product to reach customer demands. Organizations need to embrace the concept of agility in their quest for […]