Modern business leaders have more access to the data they need to drive decision-making. For this data to be useful, it needs to be easily accessible, and everyone in the organization needs to access the same data. Fragmented and siloed…
Technological advances in the past decade have transformed how businesses across industries operate. Nine of ten corporate executives indicated they have undergone at least one recent, large-scale digital transformation project. If your company isn’t incorporating technology into your operations, you…
In the past few years, more companies have begun rolling out AI-based platforms capable of helping people with a variety of tasks. Companies all over the world are using AI to automate tasks and free up their employees to tackle…
According to the World Economic Forum, supply chain sustainability is the key to achieving the world’s climate goal. Only eight supply chains across major industries account for over 50% of global greenhouse gas emissions. With the growing eco-consciousness, supply chain sustainability…
The State of IoT Summer 2024 Report estimated that by the end of 2024, 18.8 billion Internet of Things (IoT) devices will have come online worldwide — an increase of 13% from 2023. The prevalence of IoT integration empowers organizations…
According to the Harvard Business Review, nearly 90% of global companies have digital and AI transformations underway. These are spread across nearly every sector of the economy and impact nearly every aspect of supply chains and operating models. Introduction to Supply Chain…
Effectively managing your inventory is a delicate balance between having enough stock on hand to meet customers' needs without paying extra to store the excess. With these inventory analysis tips and techniques, you'll learn how to manage your stock to…
The American Productivity & Quality Center (APQC) puts out an annual Supply Chain Management Priorities and Challenges report. In 2023, the report shows that 62% of organizations missed their targets for the year and nearly 80% of organizations fell short…
A transportation management system (TMS) is a software tool that enables businesses to manage how they move their products from one place to another. It helps them plan, track, and optimize the transportation process. Typically, a TMS is one piece…
As companies have worked on new ways to boost supply chain resiliency, many have turned to artificial intelligence. Early results are promising, with companies reporting a 15 percent reduction in logistics costs. AI continues to evolve with new solutions emerging…
