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Topic: supply chain

Is Your Supply Chain Vulnerable to These Risks?

Supply chains are comprised of technology, logistics and people coordinating with each other around the world. They are powerful tools, but there are numerous risks that can threaten the health and stability of any supply chain. It’s important to identify what poses threats to your supply chain and be prepared. With good planning, you can [&helli ... Read More

  September 11, 2018     

What is a Digital Supply Chain?

In the past, supply chains operated on push-based strategies where manufacturers produced goods which were then pushed down the supply channel. This created gaps between supply and demand and led to poor inventory control, with high instances of inventory shortage and waste. Traditional supply chains generally focussed on individual performance and ... Read More

  September 10, 2018     

A Guide to Identifying Supply Chain Risks

You can limit the impact of supply chain disruptions on your business by identifying supply chain risks and then developing ways to mitigate them. Best practices document this process in a risk management plan. Supply chain risks come in varying forms, and with varying degrees of harm to your business. There are two main types […] ... Read More

  September 6, 2018     

What You Need to Know About the Role of Inventory in Your Supply Chain

The supply chain is all about the process that gets products from their raw form all the way to their completed form and into the hands of customers. Involved in this process is a myriad of activities including production, transportation, storage, information transfer, analysis and sales. Given that this whole process revolves around the product, [ ... Read More

  September 4, 2018     

What is the Future of Supply Chains?

The future of supply chains will be vastly different to supply chains past. Where once the emphasis for supply chains was upstream on such things as raw materials and production processes, the future of supply chains takes a reverse direction focussed on the downstream customer. Technology is reinventing supply chains and customers increasingly exp ... Read More

  August 30, 2018     

Boost Your Digital Supply Chain with Online Inventory Management

Companies place much emphasis on improving their supply chain performance, yet relatively few have unlocked the full potential of digital supply chain technologies. By combining online inventory management with operational performance, businesses can generate significant supply chain improvements that endure. Supply chains have evolved from being a ... Read More

  August 30, 2018     

Identifying and Managing Supply Chain Risk

Supply chains consist of many different activities and stages. Upstream are the suppliers and manufacturers who transform raw materials into finished goods, while the downstream supply chains distribute these goods and services that will eventually reach an end user. Supply chain risk is often unavoidable because of external factors that cannot be ... Read More

  August 28, 2018     

Why 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     

Don’t Get Caught Out: Prepare Your Supply Chain for Disaster

Supply chains typically operate in distinct segments with limited networks and communication. Those segments are equipped and set-up to handle day-to-day processes from manufacturing, transportation, and warehousing, to overarching inventory control processes. But emergency scenarios challenge the nature of those established business sections. They ... Read More

  August 27, 2018     

4 Supply Chain Risks and How to Mitigate Them

For those in the business of providing paying customers with a product or service, the importance of a well-functioning supply chain cannot be overstated. One minor hiccup along the way can catapult the manufacturing and delivery process into chaos, and there are multiple factors that can become supply chain risks. In this article, we identify [&he ... Read More

  August 24, 2018     

Understanding the Digital Supply Chain

As any business owner would know, a well-functioning supply chain is vital to the success of any business. Getting it right entails the efficient networking between all individuals, organisations, and activities involved in a business process from the manufacturer to the end user. Nowadays, the traditional supply process is carried out with the aid ... Read More

  August 24, 2018     

What Will Supply Chains Look Like in the Future?

Technology is a significantly powerful influence in supply chains. With new technology constantly being introduced, it is shaping the way supply chains operate and making them evolve quickly to keep up with their competitors and demand. Customers are craving a personalised experience when dealing with the supply chain and they are demanding efficie ... Read More

  August 23, 2018     

Tips for Managing a Product Recall

Product recalls can happen for a variety of reasons including health problems, false advertising, defects and hazardous performance. There is a spectrum of recalls with some problems being very minor, while other issues are downright dangerous. One of the most recent and infamous product recalls was the Samsung Galaxy Note 7. With phones catching f ... Read More

  August 22, 2018     

Managing Your Supply Chain When Natural Disasters Hit

When you turn on the news, chances are there will be a report of an extreme weather event. Natural disasters are becoming increasingly prevalent and can be problematic for both people and the businesses in its path. When Mother Nature comes in full steam ahead, braced with a natural disaster-grade storm, it’s important to prepare. […] ... Read More

  August 22, 2018     

The Important Role of Inventory Management in the Supply Chain

Managing good customer and supplier relationships is a crucial aspect of effectively managing supply chains. In many cases, this collaborative relationship approach has been considered the essence of supply chain management. At the centre of these supply chain relationships, particularly those involving product flows, is inventory management. Argua ... Read More

  August 21, 2018     

Maximising 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     

7 Steps to Greening Your Supply Chain

Sustainability is a common theme in business these days, yet many companies have little real understanding of the sustainability impacts of their supply chain. Being green is more than simply reducing waste, energy and water consumption or lessening your environmental impact when producing a specific item of inventory stock. The concept of a sustai ... Read More

  August 16, 2018     

Solutions to Improve Your Supply Chain Automation

While robots are already being employed in supply chain operations to support repetitive and physically demanding tasks, a new generation of collaborative robotics and automated solutions are set to take supply chain capabilities to the next level in the future. Supply chain automation offers numerous benefits, including improved demand forecasting ... Read More

  August 15, 2018     

Managing a Crisis in Your Supply Chain

Disaster can happen to a business through both natural and man-made crisis. Whether you are struck by a climatic, natural or sabotage event, the key to dealing with any disaster is preparedness. Even when you prepare for all eventualities, prevention is not always guaranteed but preparedness is the best offensive for dealing with a crisis. [&hellip ... Read More

  August 15, 2018     

Taking a Step Towards a Sustainable Supply Chain

Consumers worldwide are expected to increase by 1.8 billion by 2025, representing a significant increase in opportunity and potential revenue to manufacturers and distributors. Additionally, the spending power of consumers is expected to increase even more than this as global incomes increase as well as the proportion households spend on consumable ... Read More

  August 14, 2018     

How Can You Optimise Your Supply Chain?

Optimising the supply chain for efficiency can result in a reduction of costs by as much as 10 to 40%. But how do you go about creating an efficient supply chain? In this article we look at some actions to implement to build an efficient supply chain for your business. Automate your purchasing activities Small […] ... Read More

  August 14, 2018     

Why Automation is Critical for Supply Chain Success

Anything that can be managed through computer systems can be automated in the supply chain. Examples of current automation can include billing systems and the generation of customer bills, compliance reports and automated movements in a warehouse setting. In the past, we have seen automation in areas of business such as auditing orders or creating ... Read More

  August 13, 2018