5 Tips to Improve Omnichannel Inventory Management
The world of commerce is an ever-changing one. Tech developments such as 5G and the Internet of Things are reshaping everyday life. And that includes how we all shop. Customer support is evolving with social media, artificial intelligence and unified communications. That’s a lot for any eCommerce business to keep up with. Some things, though, [&h ... Read More
June 25, 2020 inventory management, multi-channel, multichannel, omni-channel, supply chain, supply chain managementBuilding Recession-beating Supply Chain Resilience & Agility
Confronted with a pandemic, we’ve seen global supply chains struggle to cope with the consequences of isolation and work-from-home orders. The outbreak has completely changed buying behaviours and patterns. In many industries, demand has dropped off substantially or moved online. With recession looming in several economies we thought it timely to ... Read More
April 21, 2020 Covid-19, manufacturing, supply chain challenges, supply chain managementHow You Can Tackle Your Supply Chain Inefficiencies
The supply chain is a dynamic, logistical-laden beast. It has so many interworking parts, organisations, relationships, information, technology and people. Everything and everyone is dependent on the suave execution of supply chain getting them the right goods and services, at the right time. They call it a chain for a reason — everything is inte ... Read More
March 15, 2019 supply chain, supply chain challenges, supply chain managementSteps to Take When Creating an Efficient Supply Chain
When a company is aiming simply for continuous improvement, supply chain analysis is imperative. This is because the supply chain can make or break the business in terms of its ability to maintain the supply of product or services to their customers. And let us face it, without that, there is no income and no […] ... Read More
March 2, 2019 supplier relationship, suppliers, supply chain, supply chain managementWhy is a Digital Supply Chain So Important?
Much like any other process in production companies in the current global business climate, supply chains are becoming more and more digitalised as time marches on. However, despite this growing trend, there are still those that stick to more traditional supply chain management methods, even though the data shows digitalisation is profitable. So wh ... Read More
September 20, 2018 business automation, supply chain, supply chain challenges, supply chain managementThe Digital Supply Chain Explained
To define the digital supply chain, we must first define the supply chain. The supply chain describes the chain of processes, events and information sharing that occurs from the point at which a raw product or ingredient is supplied, all the way to when it is sold to the waiting consumer at the end of […] ... Read More
September 20, 2018 eCommerce, supply chain, supply chain managementThe First Step to Controlling Supply Chain Risks
The supply chain describes the processes and transfer of products and information from the origin or supplier all the way to the checkout counter in-store. As this is such a complex chain involving many hands and sometimes multiple countries with corresponding currencies and regulations, it can be fraught with uncertainties and risks. The supply ch ... Read More
September 19, 2018 suppliers, supply chain, supply chain challenges, supply chain management, supply chain riskWhy Are Digital Supply Chains So Important?
In our increasingly digital world, consumers are demanding speed, convenience and accuracy. Technology has helped many businesses keep up with these demands, and in particular, the rise of the digital supply chain has increased efficiency for manufacturers. However, many companies are struggling to keep pace with the onslaught of digital trends tha ... Read More
August 27, 2018 business automation, supply chain, supply chain challenges, supply chain managementMaximising Efficiency in the Supply Chain
Supply chain management is full of complexity and logistics. Economies around the world are dependent on effective supply chains to provide them with goods and services to run their cities and countries. In order for supply chains to work well, they need to be efficient. There are a variety of ways to optimise your supply […] ... Read More
August 20, 2018 online inventory management, supply chain, supply chain managementStepping Your Game Up: Increasing Supply Chain Efficiency
In the ever-competitive manufacturing industry, optimising your supply chain management techniques is key to succeeding in the field. Business logistics involve strategic planning expertise and continuous improvements. Effective supply chain management enables faster client delivery times, shorter processing times, more efficient stock control, and ... Read More
August 7, 2018 inventory control, inventory management software, supply chain, supply chain managementOptimise Your Supply Chain for Seasonal Demand Surge
The busy season where peak demand for your product can generate healthy revenue is both exciting and very challenging. Demand surges not only influence inventory stock levels and customer service satisfaction, but can also impact your entire supply chain. Getting the right inventory stock to the right place, in a timely manner is a massive [&hellip ... Read More
June 18, 2018 seasonal demand, supply chain, supply chain challenges, supply chain managementTaking Advantage of Business Seasonality
While some businesses see seasonality as a negative phenomenon, some businesses can find an advantage amongst the challenge; small improvements made during your off-peak season can be used to drive higher sales once the next busy season begins. Time to invest in staff Developing an appropriate staff strategy not only allows you to keep track [&hell ... Read More
June 6, 2018 seasonal demand, stock control, supply chain management4 Critical Factors that Lead to Supply Chain Failure
Learn to identify and assess the common risks in your supply chain. We have collated four underlying risk factors that may be present whenever supply chains go wrong. Offshoring and Country of Origin Offshoring can have many benefits but if it’s not implemented correctly with checks and balances in place for accountability, it can be [&hellip ... Read More
May 24, 2018 supply chain, supply chain managementLearn from these Supply Chain Mistakes
The supply chain is one of the most complex processes that a company must control. This is for many reasons including its vastness, its complexity with multiple businesses involved, its expanse over multiple geographical locations with multiple currencies and time-zones to contend with, and last but not least, its involvement of complex and vulnera ... Read More
May 10, 2018 logistics, supply chain, supply chain management, supply chain riskA Complete Guide to Managing Global Distribution
A distribution channel is the path by which all goods and services must travel to arrive at its intended consumer. These goods are sometimes passed to consumers through multiple channels. While increasing the channels can increase sales, it can also create a complex system that sometimes makes distribution management difficult, especially in an int ... Read More
May 9, 2018 distribution, supply chain managementThe Supply Chain of Beauty, Unmasked
The cosmetic industry’s supply chain is arguably not any different from many other industries. However, theirs might be a little more convoluted and crucial to get right. Let us consider the cosmetic industry’s supply chain and how to enhance its efficiency and minimise waste. The supply chain: three logistical variables to consider The bas ... Read More
May 3, 2018 inventory control, inventory management, supply chain, supply chain managementSustainability in the Supply Chain: A Necessary Trend
A sustainable supply chain can refer to keeping it consistently productive. However, in this context, we will consider everything from an environmental, social and economic point of view. How will a supply chain be able to provide long-term sustainability to the company, planet and people? It is increasingly important to see things in an environmen ... Read More
May 2, 2018 supply chain, supply chain managementCan Your Supply Chain Use Machine Learning?
A supply chain manages the movement of various supplies and inventory stock within a business. This involves planning, control and execution of daily supply chain activities and the storing of inventory stock. All with the goal to reduce waste, improve quality and to increase customer satisfaction. Intelligence Gathering Machine learning is a speci ... Read More
April 30, 2018 seasonal demand, supply chain, supply chain managementKeeping Your Supply Chain Sustainable
Sustainable supply chains are becoming increasingly popular among not only small, local businesses but also large multinational companies as well. This is first and foremost because they are seen as socially responsible and healthier for the environment. However, the benefits for your business itself should not be overlooked. In the article below, ... Read More
April 30, 2018 supply chain, supply chain management, supply chain riskIs Your Sustainable Supply Chain Transparent?
Sustainability is a hot buzz word for companies in every industry. Consumers are looking for products that have a sustainable component or brands with a sustainable ethos. Companies are using it to leverage consumers in new markets and harness it as a selling point. Being sustainable isn’t just about the workers on the ground or […] ... Read More
April 27, 2018 supply chain, supply chain managementSupply Chain Failure? Consider These Factors
For any business, managing the flow of the supply chain is key to productivity and customer satisfaction. This is especially true as a company begins to experience growth. In this article we examine three key factors which contribute to supply chain failure. Further, we offer tips on how to navigate these factors and to mitigate […] ... Read More
April 27, 2018 supply chain, supply chain managementAchieving Sustainability in the Supply Chain
As there is a general shift towards lessening our carbon footprints and becoming more environmentally friendly, there is a growing pressure on industries to focus on their level of environmental, social, and economic impact. When it comes to manufacturing inventory, sustainability has become a buzzword for enticing customers to purchase your produc ... Read More
April 24, 2018 inventory, logistics, manufacturing, supply chain, supply chain management