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The Impact of Industry 4.0 on Supply Chain Operations

Industry 4.0, which includes the integration of advanced technologies such as automation, the IoT, and artificial intelligence, is impacting supply chain operations in many ways. The benefits of moving to a completely automated, digital, and networked supply chain are enormous, even if it will take a lot of work and time. Supply chain optimisation can help businesses achieve the next level of operational excellence and experience significant cost savings. Here, we go through how supply chain operations are made more effective by digitisation: What is Industry 4.0? The fourth industrial revolution, alternatively known as Industry 4.0, has begun. This…

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Digital Transformation in Supply Chain Operations

Digital technologies are rapidly transforming the way that businesses operate, including supply chain management. Digital transformation’s gradual emergence and the ongoing development of several work process technologies have given rise to new aspects. The emergence of the Internet of Things (IoT) and other connected devices has profoundly affected the operational efficiency of the supply chain. Finance, sourcing, and warehousing are just a few of the areas of supply chain operations where the expansion of digital transformation is evident. What is digital transformation? The integration of digital technology across all functions of an organisation is known as “digital transformation,” and…

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Emerging supply chain jobs for the future

Supply chains around the globe are recovering after the major disruptions that the COVID-19 pandemic has caused. With this recovery comes evolution and new processes that aim to improve and fix issues within global supply chains. Because of this, businesses in the supply chain will need professionals with new skills to fill out new roles and create new organisational structures. Supply chain professionals will be exposed to new opportunities and new professional ventures. Here are the emerging supply chain jobs for the future: 1. Data-driven planner Currently, the supply chain has supply planners who are very important members of…

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Manufacturers need to rethink supply chain visibility

The COVID-19 pandemic brought about major, unprecedented supply chain disruptions. This has led to many manufacturers finding short-term solutions to fixing the disruptions. This entails planning for longer lead times or filling up their supplies. One of the major issues has become a lack of visibility regarding their suppliers’ operations. With the supply chain crisis calming down, manufacturers may want to return to old ways, but this would be a mistake. If there’s one thing we’ve learned over the past few years it is that global markets are changing fast and more disruption is likely. The good news is that…

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10 ways e-commerce businesses can overcome supply chain disruption

In recent years, the resilience of the e-commerce supply chain has been tested like never before. One of the biggest challenges has been the Covid-19 pandemic, which has resulted in prolonged lockdowns and disruptions worldwide. The issue of global supply chains has received a lot of attention recently. Consumers have been advised to start shopping for the holiday season early due to inventory shortages and shipping delays, with some shoppers reporting minimal or even empty shelves in retail stores. Businesses, too, are feeling the pain of supply chain disruptions as they face everything from difficulties in procuring needed supplies to…

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Supply chain trends 2023

The COVID-19 pandemic caused major disruptions within supply chains and worsened issues supply chains had already been facing. This year, supply chains have had to work towards recovering from the pandemic and reaching stability. This has affected the supply chain trends for 2023. Other factors affecting the trends are inflation, decreased consumer spending, and increased carrier capacity. Here are seven supply chain trends for 2023. 1. Businesses within supply chains will become more proactive The pandemic was a major disruption within supply chains and led to many other little disruptions throughout the supply chain. Businesses and supply chain professionals…

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How Has the Supply Chain Affected Sustainability Efforts?

According to the 2022 State of Supply Chain Sustainability report, there has been a focus on the environmental factors associated with supply chain sustainability. Factors like climate change mitigation and natural resource/biodiversity conservation have received the most attention. Supply chains are known to negatively affect sustainability efforts Supply chains function to provide goods and services to consumers and to offer this means the environment is often damaged. The typical supply chain is known to cause more than 80 percent of greenhouse-gas emissions and more than 90 percent of the impact on air, land, water, biodiversity, and geological resources. This…

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Higher Certificate in Project Management

Higher Certificate in Project Management SAQA ID: 118438 Our Higher Certificate in Project Management is an IMM Graduate School qualification on NQF level 5 and is quality assured by the Council on Higher Education (CHE). You can complete this qualification in a year, but if life gets in the way, you have 4 years to wrap it up.The Higher Certificate in Project Management is designed to give students the skills needed to manage and lead projects while also creating long-term value for organisations. After completing this programme students should be able to apply the necessary project management…

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Supply chain resiliency: Thriving in the age of disruption

Whether it is a global pandemic or a fire in a warehouse, the supply chain constantly faces disruptions. Many of these disruptions cannot be avoided or prevented, but there are ways to handle them and stay on track. What is supply chain resiliency? Supply chain resiliency is a term used to describe a supply chain’s ability to stay consistent and recover from any disruptions it may experience. Examples of these disruptions are operational risks that could cripple a supply chain if not addressed and managed. A resilient supply chain is structured in line with modern supply chain processes and…

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IoT can improve supply chain management

IoT, the Internet of Things, consists of a wide collection of interconnected physical devices that are able to monitor, send, exchange, and report on data. The IoT devices are usually connected to a computer system and are connected by data or a Wi-Fi network. Within supply chains, IoT devices can be used to track and authenticate products and shipments using GPS as well as other technologies. The devices can also be used to monitor the storage conditions of products which would improve supply chain management. How IoT can improve supply chain management There are a wide range of IoT…

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