Top 7 Supply Chain Management Challenges
The changing trends and increasing globalization have posed many challenges to the supply chain industry. This blog will outline those challenges and their impact on the supply chain.
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How To Track & Improve Supply Chain KPIs
In this article, we’ll look at some of the best supply chain KPIs and some tips on how to improve these metrics. These are quantifiable measurements used to determine supply chain performance and efficiency, whether it’s meeting set goals and objectives.
4 Major Benefits Of Blockchain In Supply Chain
While blockchain technology is still in its infancy, particularly in logistics operations, its promise for the sector cannot be questioned. It can transform every aspect of logistics, from inventory management to transportation tracking. By utilizing blockchain technology for data authentication, the entire supply chain can contribute and authenticate data with the confidence that it will not be tampered with. We will examine several ways that blockchain technology can assist the supply chain in today’s blog.
Business Intelligence Solution for Intralogistics
Next week Picavi, the leader in Smart Glasses technology, will be exhibiting at MODEX 2022 on Booth# C7877 from March 28-31. Before the tradeshow, please have the pleasure of learning more about the company’s business intelligence solution called Picavi Cockpit with Analytics.
10 Biggest Challenges Faced By Logistics Companies
Without effective logistics, a business will struggle to remain competitive in today’s fast-paced global market. The world is getting increasingly complicated and integrated, which enables greater economic progress and results in new and unanticipated market disruptions. The logistics business will face both possibilities and problems in the future decades. Businesses should optimize their logistics systems to remain competitive as new technology, automation, and artificial intelligence enter the market.
Logistics Market In India
A country’s logistics system is critical to its economic and social development. Due to its simplicity, flexibility, administration, and dependability, road transportation is advantageous for various forms of automobiles. As a result, the percentage of cargo, truck, and passenger cars has been quickly increasing in comparison to other modes. This article will analyze the logistics market in India, the major market players and more.
8 Best Inventory Management Practices
Supply chain professionals are constantly on the lookout for practises to improve inventory management, and the supply chain’s role in technology offers considerable benefits. Rather than relying on archaic inventory management, supply chain leaders can take the mentioned 8 actions to harness technology and finally enhance inventory management.
An Ultimate Guide To Inventory Management
Inventory is dynamic. Sales, returns, new receipts, damage, and theft impact your inventory levels. Inventory management and control are crucial jobs in successful retail or wholesale firm. Managing inventory effectively becomes more difficult as your firm grows and your inventory increases. Using technology can help you and your staff. That’s why any retail business needs an inventory management system. This guide will teach you everything about inventory management.
Top 7 Supply Chain Risk Management Strategies
Manufacturers can avoid risks and potentially save money through proactive supply chain risk management. Manufacturers who manage supply chain risks proactively spend nearly 50% less on managing supplier disruptions than those who are not aggressive. Here are some strategies for effectively mitigating risks and safeguarding your supply chain over the long term.
The Ultimate Guide To Supply Chain Risk Management
Supply chain risk management is more than an added benefit to your operations; it is critical to your business in the event of natural disasters, unpaid accounts, or transportation disruptions. The objective of risk management is to avert problems and mitigate losses in the case of a risk event. Whether you lack a risk management system, have an inadequate risk management system, or have a limited risk management system, here is all you need to know about Supply Chain Risk Management, its benefits, and how it will transform your business for the better.
