Daily Insights, Trends and Solutions for Professionals, Experts, Students and Society
Supply Chain Management includes Transportation, Logistics, Fulfillment, Inventory Management, Purchasing, Process Optimization, Supplier Management, Supply/Demand Management, Cash Cycle Management + all aspects of moving goods
Have you found that the consistent supply and reasonable prices in the Electrical Supply Chain that you were used to before COVID-19 hit have not returned as soon as you hoped, or as soon as some experts predicted?
Global events have created further obstacles in the electrical supply chain, but there are ways to work around them.
Continue reading “High Prices and Low Availability Plague the Electrical Supply Chain!”There is a need for improvement to achieve the best efficiency and effectiveness within the whole supply chain, and businesses everywhere are continually implementing the most innovative strategies to keep ahead. One innovative methodology is incorporating robotic processing automation (RPA) with off-shore teams.
This synergy is not a transient fad but a strategic development that denotes an essential step toward operational improvement and competitiveness. The software robots used in RPA, or robotic process automation, automate rule-based, repetitive tasks, thus freeing human workers for more complex and strategic activities.
The agility of offshore teams, in concert with RPA, can make supply chain operations efficient and accurate.
Continue reading “Integrating Robotic Process Automation with Offshore Teams for Enhanced Supply Chain Efficiency!”
The onset of the Coronavirus pandemic brought about acute shortages of toilet paper, masks, ventilators, common household goods and more. The global supply-demand imbalance was unprecedented, holding lessons to help mitigate these kinds of disruptions in the future, if heeded.
As we progress, hopefully, towards the end of the global pandemic, and people are increasingly able to go outside and get back to “normal”, they will want to do things they’ve always done. One of those things is to celebrate.
In the U.S. July 4th is a national holiday. In Canada July 1st is a national holiday. Both days of celebration, as well as other similar days around the world, are marked by fireworks. But at this stage of the pandemic, wouldn’t you know it, there is now a concern about a shortage of fireworks.
What is going on? And what is the Fireworks Supply Chain?
Continue reading “The Fireworks Supply Chain!”The Digital Supply Chain road, or Supply Chain 4.0, is the path to the future.
Enabled by highly publicized technologies such as Blockchain, Big Data, the Internet of Things, Autonomous Vehicles, Cloud Computing, Artificial Intelligence, Virtual/Augmented Reality, 3D Printing and more the Digital Supply Chain holds great promise and exciting opportunities.
But even with established technologies the road to implementation can be challenging to say the very least.
As you are developing your Digital Supply Chain strategies it is important to understand, consider, and account for the inevitable problems and obstacles that will test your resolve and your leadership.
Continue reading “The Digital Supply Chain Road is Full of Potholes, Construction and Accidents!”Much of Supply Chain activity not only involves solving problems but also involves doing the investigative work to find out what caused those problems so as to prevent recurrence in the future. In this vein we launched our “The Supply Chain Detective™ Series” and here we present our first 10 cases!
This is an intriguing and exciting part of any Supply Chain job. Most people don’t just want to be fixing problems. Solving problems, like material shortages, can be highly stressful and exhausting. But the more intellectual exercise is to figure out what happened to create those problems in the first place.
To this end we have captured real life experiences and articulate what happened through the eyes and mind of “The Supply Chain Detective™”.
Here we have summarized the first 10 cases that we have published to date.
Continue reading “The Supply Chain Detective™ – Our First 10 Cases!”When we think of “Global Supply Chain”, the image that often springs to mind is a complex web of manufacturers, transporters, and retailers. But there’s another critical component: immigration.
Immigration plays an essential role in bolstering these chains, providing vital labor resources across industries. However, recent years have seen several challenges disrupting this intricate balance – from labor shortages to shifting policies under President Biden’s administration.
Continue reading “Global Supply Chain Challenges in the Immigration Sector!”This period of time, that is this post-pandemic period, will be considered a unique inflection point in the history of Supply Chain Management.
As pandemic related restriction are relaxed, if not eliminated, people and businesses will be trying to get back to “normal“. For many, they will be happy to forget the disruption that the pandemic caused and will go back to their old ways.
For others, they will realize that they must make major improvements to create more robust and resilient and sustainable Supply Chains, leveraging all of the capabilities and technologies that are at hand.
As such, this is Supply Chain’s Moment of Truth. Watch our Video and hear our views as to what has happened, what this means, and what the future has in store.
Continue reading “Supply Chain’s Moment of Truth Video!”The business world is quite competitive, and organizations should invest wisely and make informed decisions. One area in which businesses should have unwavering confidence in their decision-making is supply chain management (SCM). The supply chain enhances business performance, and it’s integral to develop feasible strategies to implement it effectively.
Businesses can take their operations a notch higher by investing in supply chain planning software. It’s an incredible tool that every business, small or big, needs to streamline operations and get an edge over competitors. This article will expound more about this invaluable tool, its key features, and ways it helps your business reach its goals.
Let’s dive in.
Continue reading “What Others Will Not Tell You About Supply Chain Planning Software!”A company’s supply chain usually comprises all the operations between sourcing raw materials and delivering the product to customers. Along with this process, there are many challenges a company faces, some of which can be avoided or mitigated through knowledge management for the supply chain management.
Through knowledge management, supply chains have access to more complete and accurate information within the organization and external sources. The knowledge management process would entail the collection and analysis of data and the dissemination of information to the relevant stakeholders to maximize the value of its supply chain.
It also ensures that any changes within their environment are swiftly reported and acted on promptly.
Continue reading “Aligning Knowledge Management and Supply Chain Management!”Supply Chain Management is perhaps the most crucial aspect of modern and future business operations, encompassing and touching virtually all business processes.
In this complex landscape, individuals with distinct personality traits, such as extroverts and introverts, play vital roles. Both personality types bring unique advantages and disadvantages to their careers in the field of Supply Chain.
This article explores the various ways in which extroverts and introverts impact Supply Chain, discussing their strengths and weaknesses. This is critical to know as we staff our organizations to define, create and operate the Supply Chain of the future!
Continue reading “Is it Better to Be an Introvert or Extrovert in Supply Chain?”The custom home building industry has always been marked by its dedication to creating unique and tailored living spaces that reflect the preferences and needs of individual homeowners.
However, this industry, like many others, is not immune to the complexities of modern supply chain challenges. From material shortages to logistical bottlenecks, custom home builders are facing a range of obstacles that threaten project timelines, budgets, and client satisfaction.
Continue reading “Supply Chain Challenges and Strategies in the Custom Home Building Industry!”In today’s dynamic market landscape, an effective supply chain is more critical than ever. With customer demands growing, the adoption of Artificial Intelligence (AI) in the realm of supply chain management has transitioned from a luxury to an absolute necessity.
This pioneering technology is redefining the supply chain domain, making it smarter, more responsive, and capable of anticipating unforeseen demands.
Boost your business operations with the Haulk application, a premier tms software for carriers looking to refine their workflow, and improve transport and dispatch management.
This cutting-edge software merges extensive CRM features with a user-friendly mobile app, enabling carriers to seamlessly oversee order execution, track shipment progress, and evaluate employee productivity.
Continue reading “Transforming Supply Chain Management Through Artificial Intelligence!”Global trade economics constantly change, and supply chains are becoming more complicated and interconnected. Organizations are always looking for ways to increase their efficiency, minimize overhead, and maintain a threshold of 98% customer satisfaction.
An alternative strategy that has become popular is the application of offshore teams. Cost reductions to 24-hour productivity can be one of the benefits that offshore team could offer to supply chain operations. Properly handled, this integration can make supply chain processes much more efficient.
Continue reading “The Role of Offshore Teams in Streamlining Supply Chain Operations!”The software supply chain is a critical component of your business. It can improve your bottom line, increase productivity and deliver better customer results. However, it also faces several challenges that can affect its performance and hinder its ability to meet these goals.
Fortunately, you can improve your cloud management and automation platforms to support your multi-cloud DevOps initiatives better.
Continue reading “How to Improve Your Software Supply Chain!”There has never been a moment in time since the second world war, that there has been so much global awareness and need for resilient and dynamic supply chains, and the qualified Supply Chain professional is there to manage them; in a single strategic battle toward a common enemy.
The COVID 19 outbreak was initially concerning to firms with established supply chains embedded throughout China, but it’s clear now, that it’s effects are going to be far more reaching on a global scale, and felt throughout the months and year(s) ahead.
Continue reading “Supply Chain Professional Do’s and Don’ts during the Pandemic!”
