Posts Tagged ‘Supply Chain Trends’
Has Supply Chain Fully Recovered From COVID-19?
For the past few decades, companies have been creating complex international supply chains designed for cost and efficiency. Unfortunately, supply chains we’re not built to fully withstand a disruption as massive as a global pandemic. While the effects of the pandemic have started to fade in some areas of the supply chain industry, the Russia-Ukraine…
Read MoreHow to Future Proof Your Supply Chain for Whatever Comes Your Way
Throughout COVID, many companies have struggled to handle disruptions and changes, particularly concerning the supply chain. Because the supply chain industry is vital to all product-driven businesses, neglecting to deal with supply disruptions may cause the company to experience long-term setbacks. Businesses must work to future-proof their supply chain, buffering it against unforeseen events large…
Read MoreThe Supply Chain Trends to Be Aware of in 2022
Suppose you’re a big reader of annual trend watch articles and posts for the latest supply chain trends. In that case, you are probably used to seeing buzz phrases like the Internet of Things (IoT), blockchain, and artificial intelligence (AI) crop up year after year. Naturally, these emerging technologies will have more of an impact…
Read MoreShould You Still Be Using Excel For Supply Chain Planning? 9 Signs it’s Time to Consider Other Software
While Microsoft Excel continues to enjoy massive success, modern supply chain management operations are demanding, and many logistics professionals quickly find they’ve outgrown the spreadsheet program. Excel does offer several benefits. It’s affordably priced, easy to use, versatile, accessible, and quite functional. However, the Microsoft program has significant limits in comparison to applications meant explicitly…
Read More2021 Supply Chain Industry Salary Guide
According to a recent report from Supply Chain Management Review, the need for skilled labor in the supply chain industry is still greater than the supply of talent. Meanwhile, the value of entry-level talent seems to have outpaced rises in other supply chain costs. The results of this study seem to imply that employers are…
Read MoreTackle Today’s Supply Chain Problems with Tomorrow’s Technology
Supply chain operations are multi-faceted, with a lot of different stakeholders and even more moving components. New technologies can make supply chain operations more efficient, and investing in new technology offers several benefits for businesses. Specifically, new technology can help to overcome ongoing challenges that hamper many supply chain departments and companies. Below are a…
Read MoreGlobal Supply Chain Trends That Will Affect the Industry’s Future
Ever-evolving digital technology is driving change across the entire supply chain industry. For today’s supply chain professionals to remain effective, they need to stay on top of these changes and adjust their strategy accordingly. The following are emerging supply chain trends your organization needs to pay attention to, or risk getting left behind. Blockchain adoption…
Read MoreLinear Optimization Improves Resource Usage
Deciding how to use resources is a universal business concern. In today’s hypercompetitive ecosystem, it’s vital to your company’s fiscal health that its people and resources are used most effectively. When dealing with complicated networks, achieving maximum efficiency can be challenging. Companies looking to maximize resources often make decisions on product mix, logistics and demand…
Read MoreHow Do You Avoid Supply Chain Disruptions?
Many companies have a complex and globalized supply network, and while that offers numerous benefits, it can also mean a company is vulnerable to supply chain disruptions caused by events halfway around the world. In order to prevent supply chain disruptions caused by disasters or catastrophic geopolitical events, companies need to assess their supply networks…
Read MoreDoes Your Company Need a Transportation Management System?
Transportation management systems (TMS) are software solutions designed to help supply chain managers with tasks like routing, scheduling and shipment consolidation. The typical TMS allows shipping managers to gather information up and down the supply chain. A TMS offers numerous benefits to organizations that use them, but is one right for your organization? There are…
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