Is Your Supply Chain Worth Re-Examining in a Pandemic? Brad Anderson / 24 Aug 2020 The COVID-19 pandemic hasn’t just been hard on people. Supply chains everywhere are struggling. Shortages of masks have made headline news. Meat processing facilities around the country have closed, causing grocery stores and restaurants to run low. Across the business … Continue reading Is Your Supply Chain Worth Re-Examining in a Pandemic?
Dhruv Mehta August 13, 2020 Need for Importing Products From China China’s export of goods is infinitely high at this time. China’s trade surplus reached 422 Billion US dollars in 2019. The export value reached 2.5 trillion US dollars. During this last decade, export has exponentially grown and that shows in their GDP contribution. The … Continue reading 4 Quality Considerations While Importing Products From China
Elaine Ditty August 3, 2020 With the genesis of Supply Chain Management in the early 1980s, it is no coincidence that this decade also saw the emergence of the personal computer. Where previously a manual and labour-intensive process, this surge of new technology-enabled significant improvements in supply chain planning and execution of the same. These … Continue reading The Supply Chain Leaders Guide to the 21st Century
Jennifer Warren July 22, 2020 In the wake of COVID 19, several businesses out there have been desperately diverting their supply chain strategies toward automation. Be it manufacturers, supplier, or wholesalers, anyone and everyone who’s part of the supply chain, have no choice at hand, but to switch over to automation, especially in the wake … Continue reading How Supply Chain Automation Benefits Businesses During Coronavirus-like Crises
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?