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Topic: supply chain

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     

The Important Players in the Supply Chain

The role of inventory in the supply chain is significant because the entire function of a supply chain is to move products and supplies, from one place to another while adhering to specific time frames. Supply chains consist of more than just a few functional teams. They encompass the areas of purchasing, manufacturing, logistics, marketing, [&hell ... Read More

  August 11, 2018     

Automation: The Next Lever for Supply Chain Success

Intelligent use of automaton in the supply chain will help businesses work smarter and outperform. Put simply, process automation can and will transform the supply chain. Technology is showing some of its potential but there is still significant progress yet to come. To work more intelligently in supply chain management, businesses need to re-empha ... Read More

  August 10, 2018     

Not If, But When: How to Green Your Supply Chain and Stay Competitive

The world demands sustainability. Shareholders, customers, lobby groups, and not-for-profits want companies to be more sustainable. While the mantra is simple, giving real effect to that philosophy can be more complex. MBA programs continue to teach historic practices maximising return on capital being the centrepiece of commerce. But most successf ... Read More

  August 10, 2018     

Building Effective Supplier Relationships

Your suppliers play a vital role in ensuring your businesses success, but this isn’t only because they provide you with vital goods and materials. Your suppliers offer much more if you seek out ways to build strong relationships with them. In this article we look at the benefits of building supplier relationships for your business. […] ... Read More

  August 9, 2018     

The Value of Supplier Relationship Management

Supplier relationship management, abbreviated as SRM, is essentially how your business engages with the vendors who supply your goods, services, and raw materials that make your business function. Having effective SRM in your business isn’t always easy. Every supplier operates slightly differently and provides something slightly different for you ... Read More

  August 8, 2018     

Stepping 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     

Defining the B2B eCommerce Model

Online transactions are commonplace these days. People use them to buy clothes, electronics and even order their groceries. These types of transactions are considered business-to-consumer, or B2C. This type of eCommerce caters directly to the end-consumer and the transaction is between the company and the consumer. The other division of eCommerce i ... Read More

  August 7, 2018     

Why Your Business Should Invest in Supplier Relationship Management

Suppliers are as important as your clients and customers; without suppliers to handle shipping, inventory manufacturing and outsourced services, many businesses would struggle to keep up. Most businesses are increasingly focused on end-user satisfaction but make sure that your business is not overlooking its suppliers. Build strong, successful rela ... Read More

  August 1, 2018     

5 Essential Ways to Manage Seasonal Supply Chains

Supply chains are directly affected by supply and demand of markets. This holds true for seasonal goods but also peaks and dips throughout the business year, such as an increase in purchases over the holiday season and lower in off peak seasons. Food and beverage companies in particular need to be looking closely at inventory […] ... Read More

  June 29, 2018     

Optimise 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     

The Significance of Sustainable Supply Chains

Historically, supply chains have not been known for their sustainability. Supply chains can cause severe amounts of greenhouse gas emissions and use water where resources are scarce. As our environment is changing and resources are dwindling, there needs to be a widespread effort to make businesses accountable for their supply chain. Moving towards ... Read More

  June 8, 2018     

Improve Your Supply Chain with Machine Learning

A productive, efficient and smooth flowing supply chain can be the backbone of a successful business. An effective supply chain will allow you to be resourceful and reduce wastage, and one of best methods for achieving these goals is by accurately predicting demand. While a business is smaller, it may be a simple matter of […] ... Read More

  June 7, 2018     

What You Should Know About Seasonal Budgeting

Any business experiences highs and lows, although some businesses experience those fluctuations more than others. Some businesses are highly dynamic because they are poorly managed, but for most businesses the main culprit is seasonality. In the small business context, seasonality refers to fluctuations in some of the main business metrics (sales, ... Read More

  June 2, 2018     

World Wide Web Wednesday #34

Whether you need some lunch time reads or something to get you past hump day, we’ve curated five links you’ll enjoy! Will we ever truly care about sustainability? Sustainability, once a topic exclusively for hippies, has now become the latest buzzword among retailers. But are customers actually interested in understanding your supply chain or d ... Read More

  May 30, 2018     

Is Your Supply Chain GDPR Compliant?

If you are a business owner, the European Union’s new General Data Protection Regulation legislation may affect your supply chain. All companies processing personal data for those residing within the EU must comply to the GDPR – regardless of company location. In the following article, we’ll outline how GDPR may affect your supply cha ... Read More

  May 29, 2018