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Supply Chain

Exploring the Latest Supply Chain Trends: Digitalisation, Sustainability, and Resilience

11 April 2023
Categories: General, Supply Chain

In recent years, the supply chain industry has seen a significant shift towards digitalisation, sustainability, and resilience. With the pandemic highlighting the vulnerabilities and challenges faced by global supply chains, companies are now investing more in technology, sustainability, and risk management strategies. In this blog, we will explore the latest supply chain trends and their implications for the industry. Digitalisation Digitalisation has become a key trend in the supply chain industry, with companies leveraging technologies such as Artificial Intelligence, the Internet of Things (IoT), and Blockchain to improve efficiency, visibility, and collaboration. These technologies are helping to automate…

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The Impact of AI on Supply Chain Management

23 February 2023
Categories: General, Supply Chain

Artificial intelligence (AI) has been transforming various industries, and supply chain management is no exception. AI is having a profound impact on the way businesses manage their supply chains, enabling them to improve efficiency, reduce costs, and increase overall profitability. In this blog, we will explore the impact of AI on supply chain management and how businesses can leverage this technology to achieve their supply chain goals. AI has changed the game The first way AI is impacting supply chain management is by providing real-time data and insights into supply chain operations. With AI, businesses can gather and analyse…

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The Adoption of Blockchain Technology in Supply Chain Management

23 February 2023
Categories: General, Supply Chain

Blockchain technology is changing the way businesses operate and manage their supply chains. By providing a secure and transparent ledger of transactions, blockchain has the potential to revolutionise supply chain management, improving efficiency, reducing costs, and increasing overall profitability. In this blog, we will explore the adoption of blockchain technology in supply chain management and how businesses can leverage this technology to achieve their supply chain goals. What is blockchain? Blockchain is a decentralised digital ledger technology that is used to securely and transparently record transactions. It was originally developed as the underlying technology for Bitcoin, the world’s first…

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The Impact of Industry 4.0 on Supply Chain Operations

23 January 2023
Categories: General, Supply Chain

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

23 January 2023
Categories: General, Supply Chain

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

14 December 2022
Categories: General, Supply Chain

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

28 November 2022
Categories: General, Supply Chain

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

28 November 2022
Categories: General, Supply Chain

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

21 October 2022
Categories: General, Supply Chain

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?

21 October 2022
Categories: General, Supply Chain

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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