Guy Yehiav June 25, 2020 An accurate, efficient, and reliable supply chain sits at the heart of every business. As cost center (business units that incur expenses and indirectly contribute to revenue), supply chains must be frequently analyzed to drive excellence, particularly in terms of eliminating waste. Every penny in unnecessary expenses like waste that … Continue reading Reversing Supply Chain Waste with Advanced Analytics
Stacey Rudolph — May 30, 2020 Are you aware that supply chain management could be vital to the growth of your business and could be the difference between a struggling and a thriving business depending the efficiency of the system in place? Well, according to Invespcro, 79% of companies that have put efficient supply chain … Continue reading How Important Are Supply Chains to Your Business? [Infographics]
Guy Yehiav — May 6, 2020 Technology is undoubtedly the future of supply chain management, especially for retail. Retailers have already made huge strides in recent years to automate various parts of the supply chain, and that innovation is expected to continue. Here are six of the top technologies that are influencing modern supply chain … Continue reading The Top Technologies Influencing Supply Chain Management for 2020 and Beyond
Steven Imke — May 6, 2020 According to basic economic principles, the price of your product or service is determined by supply and demand. This is an unfortunate fact that many of us try to deny, but the science is there. According to basic economic principles, the price of your product or service is determined … Continue reading How to Manipulate Supply and Demand for Profit
It’s possible to create a completely new experience by taking a fresh look at the supply chain at the physical, virtual and organizational level. Blaise Lucey on April 21, 2020 Toilet paper. We never thought about it before. You went to the store, you got it. If you wanted, you could buy it in bulk … Continue reading Coronavirus and the future of the supply chain
Gigo Joseph — April 20, 2020 As China emerges from the first major wave of the COVID-19 pandemic, its economy is setting an example for the rest of the world. But, industries are hesitant to resume the status quo amid continuing economic fears. Therefore, Chinese officials must do more than remove economic restrictions. They must … Continue reading Can Blockchain Save the Supply Chain from COVID-19?
Louis Columbus — September 10, 2019 Follow @louiscolumbus — September 10, 2019 According to the 2019 Verizon Data Breach Investigation Report, manufacturing has been experiencing an increase in financially motivated breaches in the past couple of years, whereby most breaches involve Phishing and the use of stolen credentials. 50% of manufacturers report experiencing a breach … Continue reading Why Manufacturing Supply Chains Need Zero Trust
Bruce Hakutizwi — August 22, 2019 Follow @BizForSaleUS — August 22, 2019 The concept of supply-chain optimization isn’t new. In fact, some sources trace its roots as far back as 1911, when mechanical engineer Fredrick Taylor — who penned The Principles of Scientific Management — targeted the process improvement of manual loading in his work. … Continue reading Where is Supply Chain Optimization Heading by 2020?
Suresh Sambandam — July 14, 2019 — July 14, 2019 Procurement, or the process of purchasing and paying for goods and services an organization needs to carry out its business operations, is an essential component of virtually all businesses. Therefore, the efficiency of the procurement process has the potential to have a big impact on … Continue reading Top Benefits That Automating Procurement Management Offers
Mitul Makadia — May 15, 2019 Follow @mitulmakadia — May 15, 2019 Over the decades, enterprises have invested time, money and multiple other resources in building their supply chain infrastructures and processes. Even though the majority of stakeholders ranging from manufacturers, retailers to logistics providers have adopted some type of SCM system, the key challenge … Continue reading RPA – The Key to an Automated, Streamlined and Cost Effective Supply Chain Management