Supply Chain & Logistics
Demand Sensing in 2024: A quick guide to get you started
Every supply chain manager’s dream is to know exactly which product will be sold in the future, at what time, and in what quantity. However, 100% accurate demand forecasting doesn’t exist yet. Digital technologies such as AI/ML are bringing supply chain managers closer to accurate demand forecasting.
3 Ways To Improve Supply Chain Cybersecurity in 2024
In the current supply chain industry, two of the major trends that are keeping business leaders on their toes are the covid-19 pandemic induced acceleration of digital transformation and increasing supply chain complexity. These changes have made supply chains vulnerable resulting in a significant increase in cybersecurity threats.
Top 3 Ways To Improve Supply Chain Collaboration in 2024
The global pandemic revealed various weaknesses in supply chains. As the world tries to walk out of the pandemic, supply chain challenges continue to disrupt industries. According to the World Economic Forum, supply chain disruptions in the US, China, and Europe have started to rise again after a slight decline at the end of 2020.
6 Business Benefits of Efficient Inventory Management in 2024
With the COVID-induced supply chain crisis, an efficient inventory management system has taken on greater importance than before. When we think of inventory management, the first thing we think of efficiently managing the warehouse’s forklifts.
Top 4 Ways to Improve Your Food Supply Chain in 2024
It has been nearly 2 years now since the global pandemic changed life as we knew it. Some businesses have started to recover from the damage caused to their supply chains, while others are still trying to find their way out of the rough waters.
Top 12 Supply Chain AI Use Cases in 2024
A supply chain is a web that interconnects business activities, making it one of the most crucial elements of any business. The 2020 pandemic and other geopolitical disruptions have demonstrated how weak supply chains can bring down entire organizations.
Top 3 Ways To Optimize the Automotive Supply Chain in 2024
The Covid-19 pandemic and the semiconductor chip shortage led the global automotive sector into a crisis. A minor supply shortage at the production end created massive disruptions in the whole automotive supply chain.
Top 7 Benefits of Warehouse Automation in 2024
More than 80% of the world’s warehouses claim to have no automation “whatsoever.” Warehouses that fail to take advantage of the benefits of automation could bear the opportunity costs of higher labor costs, slower order fulfillments, and higher risks of manual errors, across most warehouse-related tasks.
Top 4 Logistics Trends to Watch Out for in 2024 & Beyond
Logistics is an integral part of almost every business. In the post-pandemic world, the global logistics sector still faces disruptions and challenges that require immediate action from business leaders. These disruptions have resulted in major delays in logistics operations, particularly in the sea freight sector (See Figure 1). Figure 1.
Top 4 Ways To Improve Supply Chain Resilience in 2024
For the past two years, the global supply chain industry has been on a roller coaster ride. As the strain of the pandemic eases, new challenges are emerging, causing companies to rethink and reshape their strategies.