In a 2022 Statista survey, 60% of organizations from different industries worldwide said that they expect robotic process automation to have a major or moderate impact on supply chains by 2025. If integrated meticulously into the supply chain process, robotic process automation can improve productivity and efficiency.
Read MoreIt would be an understatement to say that the supply chain world is an unpredictable one. One moment you could be planning your budget, inventory acquisition, client onboarding and even consider adding franchisees with everything looking up and you are firmly on top.
Read MoreElectronic Data Interchange (EDI) has been the go-to solution to ensure that stakeholders and processes are firmly a part of an integrated loop. A standard electronic format that replaces paper-based documents such as purchase orders or invoices.
Read MoreWouldn’t it be splendid if you could just know what your consumer wants at any given point in time so that you can serve it right up front on a platter? Hear us out, we’re not talking about crystal balls or fortune-telling. We’re talking about data. And in this era, data is perhaps the most important asset you can have if you want to succeed.
Read MoreTo build on goals for the year 2022 we reflected on the trends that have dominated in the year 2021. We also took into consideration a general forecasting of trends leading us into 5-year and 10-year goals. What has changed? For most organizations around the world sustainable goals are more important now than ever.
Read MoreHave you noticed the changes in the way we have been shopping in the last couple of years? Sure, we’re talking about moving from a physical shop to the online space but what else? Our demand has shifted from discretionary items to essentials. We can live without shoes but not without a disinfectant. We demand home deliveries, we demand same-day deliveries, and more. A few years back, what seemed like a distant dream is now our reality.
Read MoreIs it possible to manage your business effectively if you don’t have complete visibility into your transactions? It’s not. Every day, your company carries out thousands of transactions with partners, suppliers, and customers. The technology and communication channel that manages these transactions are critical because even if one small thing goes wrong somewhere, it would create a ripple effect of problems for different people in different departments.
Read MoreThe Consumer Packaged Goods (CPG) industry is changing how businesses operate; embracing remote operations, increasing its use of electronics, Internet of Things (IoT) and transforming at a rapid pace.
Read MoreSupply chain disruptions are inevitable. The causes can be anything from late supply deliveries to production line shutdowns or transportation shortages. It is reasonably common for supply chain organizations to detect and respond to events quickly and without affecting the service to their customers and operations.
Read MoreHow valuable is visibility in supply chains? Is it worth investing in?
Supply chain visibility allows companies to keep track of inventory and activity as goods or products transit. It allows shippers to improve customer service and control costs by managing inventory in motion, providing proactive status updates, reducing disruptions, and minimizing risk. As a result, the supply chain becomes more robust and more transparent.
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