Supply chain risks can be difficult to identify and address. Finding them can help you develop strategies to approach any present and potential problems. This article will teach you how to identify and mitigate supply chain risks in your business.
When you buy a product online, it’s usually the seller’s goal to deliver the product to you as soon as possible. This is because the speed and cadence of fulfillment is directly related to your loyalty towards their brand or product. Every successful e-commerce operation is well aware of this. While you may receive the product relatively quickly and neatly packaged, on the seller’s end, several deliberate steps are executed in order to ensure the fulfilment process is streamlined and efficient.
The procurement function is evolving from a transactional to strategic role and category management is a critical business process that can help sourcing professionals deliver strategic value to their organisation. Yet, it still turns out to be one of the most overlooked areas in procurement and only a minority of enterprises leverage a category management framework to fine-tune their procurement operations.
The trucking industry and its associated logistics haven’t always been at the forefront of the digital revolution. Despite this, digitisation has and will continue to change the trucking industry.
There’s a huge amount of expectation around the COP26 Conference with society pushing for change, the pressure is there for decision makers to collaborate to deliver real change. Taking place in Glasgow from 31st October to 12th November is the 26th UN Climate Change Conference.
The world is finding its feet in the post-COVID world. Countries around the globe are reopening their borders with less restrictions, and economies are slowly recovering and finding equilibrium. Most of us eagerly await the day we can easily go on a holiday again, but the reopening of borders spells good news for the supply chain too. However, business leaders must keep in mind that processes and operations can’t go back to how they used to be.
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