Mitul Makadia October 27, 2020 In the supply chain industry, rising customer expectations have given rise to larger product ranges, more complex logistics, and shamelessly fast lead times. All of this has led to soaring costs throughout the supply chain network. And minimizing the effect of these factors manually at each individual level is again … Continue reading 7 Ways Machine Learning Can Solve Supply Chain Challenges
Category Archives: Supply Chain
Supply Chain Increase the Competitiveness of Your Company: Technologies and Strategies
Vincenzo Cirillo September 22, 2020 In recent years a growing number of companies have realized that the supply chain is not just a cost, that of bringing products to the end customer. Instead, they have realized that it can become an important element of competitiveness, with which they can differentiate themselves from competitors, position themselves … Continue reading Supply Chain Increase the Competitiveness of Your Company: Technologies and Strategies
Is Your Supply Chain Worth Re-Examining in a Pandemic?
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?
4 Quality Considerations While Importing Products From China
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
The Supply Chain Leaders Guide to the 21st Century
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
How Supply Chain Automation Benefits Businesses During Coronavirus-like Crises
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
Reversing Supply Chain Waste with Advanced Analytics
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
How Important Are Supply Chains to Your Business? [Infographics]
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]
The Top Technologies Influencing Supply Chain Management for 2020 and Beyond
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
How to Manipulate Supply and Demand for Profit
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