Supply chain departments are rarely the first ones to incorporate technological changes. Only a handful of them show interest in using mobile applications, engage with real-time data, and take advantage of the sharing economy. It's necessary to know that the three factors mentioned above form the backbone of supply chain management. Now let's focus on the central question of … [Read more...] about 4 ways blockchain will improve supply chain management
supply chain
How Machine Learning Can Transform Supply Chain Management
In the present hyper-competitive market, both machine learning, as well as supply chain management is playing a very significant role. To specify, machine learning is a form of artificial intelligence that allows an algorithm or software to learn and then adapt. This makes the overall system work better as technology improves on its own. And that increases business … [Read more...] about How Machine Learning Can Transform Supply Chain Management
Pushing Global Trade to the Highest Degree of Accountability
The global supply chain today has taken most logistics out of the control of companies, making them vulnerable to risks, as they commit to deliver value to customers. Companies, on their part, generally, took this in their stride - until the global shutdown with the pandemic of 2020. Tracking goods and paperwork as borders closed amidst a rising pandemic, was chaotic, and … [Read more...] about Pushing Global Trade to the Highest Degree of Accountability
REUTERS NEXT
REUTERS NEXT?kicks off 2021 by gathering global leaders?and forward thinkers to reimagine solutions to the challenges the new year brings. After the extraordinary upheavals of 2020, we will come together to look ahead at opportunities for change and growth, as well as how to deal with the rifts and problems that our world and our societies face. No country,?company or … [Read more...] about REUTERS NEXT
How to Build a Customer-Centric Supply Chain
The pandemic has shown how vulnerable our supply chains are. A small interruption can bring a supply chain to a halt, which in today's fast-paced world, is simply not acceptable. Customers are always expecting their product to arrive on time when ordered, and any delay in the supply chain can have significant consequences for organisations. What today's supply chains require is … [Read more...] about How to Build a Customer-Centric Supply Chain