Big data is one of the biggest instruments which accelerates the supply chain management. It makes a global impact on the supply chain activities. Nowadays, big data is impacting the decision makers to monitor the performance and improve productivity. According to the supply chain big data analytics Market it was valued USD 3.55 billion in …
Utilizing Big Data in the Global Supply Chain Industry Read More »
Supply chain is one of the important sectors which has been impacted in COVID-19 at a greater level. It is seen that recently 72% of the businesses suffer detrimental effects related to pandemic. There are new trends which are coming up. We need to cater to the new needs and requirements as the demand persist. …
As economies around the world step back from the financial fringe and begin adjusting to the new normal in 2020, companies face a completely new set of supply chain challenges than before.Also, the globalization of supply chains has led to raw materials and products travelling across geographical locations and penetrating through multiple suppliers, manufacturers, distributors, …
Artificial Intelligence as Emerging Technology in Supply Chain Read More »
An overview of the different logistics 1PL, 2PL, 3PL, 4PL, 5PL First Party Logistics (1PL) First-party logistics (1PL) are handled directly by a company. The company does not outsource transport & logistic activity to external agencies. The company uses its assets, for instance, vehicles for logistic operations. No external vendors have been hired for these …
The year 2020 might have started well but, soon things were out of control. The deadly virus created havoc enforcing mass closure of retail shops, offices, and institutions worldwide. Since then, everything has changed. While the corporate sector has resorted to the work from home culture, other business organizations are grappling to keep up with …
Whether you agree to this or not, the pandemic crisis hasn\’t been anything less than a Black Swan event. Characterized by uncertainty and rarity, COVID-19 has caused immense disruption across all lines of business operations. The one facing serious repercussions is the supply chain and logistics industry. Upending supply chain operations in multiple ways, the …
Rewinding Goals and Refining Strategies: Supply Chain Management 2.0 Read More »
The COVID-19 crisis has caused tremendous disruptions across all industries. Even though the virus originated in the Wuhan city of China, it quickly turned into an epidemic and then, a pandemic. This not only created a situation of distress but also forced people to stay locked behind their doors, avoiding social gatherings. The threat of …
Restoring Supply Chain Activities: Five Processes You Need to Stop Doing in the Pandemic Read More »
The on-going pandemic has disrupted the entire chain of operations all across the globe. Where a few businesses had to put their activities on hold, the grocery shopping evolved, and beyond expectations. There occurred a sudden upsurge in demands which again caused disruptions. Much of this is attributed to the fact that the grocery supply …
How Automation Helps Grocery Supply Chains Survive the Disruptions Read More »
COVID-19 pandemic has created a significant impact on the efficiency and effectiveness of global supply chain systems, along with exposing a myriad of cracks in the systems that companies have been optimizing for a decade. The global, multi-tiered setup of today\’s supply chains has allowed for tremendous amounts of bottlenecks and roadblocks to be brought in …
We Are Resilient: In Managing Supply Chains Through Disruptions! Read More »
Supply chains are more Complex and Distributed than ever before. With the extent of Globalization and interconnection between the countries, there is a lot of scope for the loss of control and lack of visibility. Threats to the Supply chain and the Company have been higher than before and are much disruptive. The COVID situation …
RESILIENCE OF SUPPLY CHAIN- BUILDING AN EFFICIENT SUPPLY CHAIN IN THE CALL OF COVID Read More »
