COVID-19, Cloud, and Change
In companies around the world, the COVID-19 pandemic kick-started a revolution and acted as a significant catalyst for transformation powered by cloud-based technologies. James Le Bailly, director of audit at KPMG Crown Dependencies, cites his own company’s experiences in coping with the pandemic—and the lasting changes to which these efforts have led. “The most urgent […]
Reducing Supply Chain Risks
SUPPLY shocks in the wake of the COVID-19 pandemic show that companies will have to make their supply chains more resilient. In a Harvard Business Review article called Global Supply Chains in a Post-Pandemic World, Willy C. Shih, a professor of Management Practice in Business Administration, says companies must understand the risks in their supply […]
Key Trends for Supply Chain Leaders
A shift from profit to people-first culture, end-to-end visibility, the leveraging of technology to support companies’ vision, mission and culture, the importance of planning, and the switch from transaction to collaborative approach — these are just some of the key trends that supply chain professionals should anticipate so they could prepare for the supply chain […]
Are These Your Inventory Pain Points, Too?
Inventory plays a crucial part in any business operation dealing with merchandise goods. This ensures that an organization has adequate raw materials to sustain production and enough finished products to meet the demand of the market. A survey conducted by NetSuite identifies some of these major challenges, including supplier mistakes, inaccurate shipments, disconnected systems, and […]
Why Businesses Should Embrace the Supply Chain-as-a-Service Model
Digital transformation is affecting business processes across industries, and the supply chain is no exception. Disruptive technologies, including cloud computing, robotics, automation, artificial intelligence (AI), and the Internet of Things (IoT), are shaping the future of the modern supply chain as we know it. It’s not surprising that more business leaders are ramping up their […]
Cloud First, Cloud Now for the Transport Industry
THE benefits of cloud computing have been well documented. Over the last decade, the advantages brought about by cost savings, security, flexibility, mobility, business insight, increased collaboration, quality control, disaster recovery, loss prevention, automatic software updates, competitive edge and sustainability have drawn companies large and small to the cloud. In the transportation industry, a “Cloud […]
Bust These Cloud Myths Once and for All
There has been a tremendous growth in the adoption of cloud technology over the last ten years. Strangely enough, however, myths about cloud technology continue to circulate. Being unaware of these misconceptions can hinder an organization’s progress and impede innovation. An article by Meghan Rimol at the Smarter with Gartner website quotes Gartner Fellow Emeritus […]
Pandemic Drives Digital Transformation of Supply Chains
The massive disruption brought about by the COVID-19 pandemic is accelerating the trend toward the digital transformation of supply chains. A 2020 survey of 200 senior-level supply chain executives conducted by Ernst & Young LLP found that 64 percent of the respondents said digital transformation would accelerate due to the pandemic. But automation—robots in warehouses […]
Digital Champions to Lead Supply Chain Transformation
A global study conducted by business advisory firm PwC predicts the rise of connected and autonomous supply chain ecosystems by the year 2025, with digital investments taking a major role in the transformation of industries and their logistics operations. The study, which surveyed more than 1,600 executives from companies across seven industry sectors in 33 […]
Supply Chains Have Shifted Because of the Pandemic. Now what?
The COVID-19 pandemic has altered the way companies do business. One of the most important aspects of their operations that have undergone major transformation during the crisis is the supply chain, which refers to the network that is responsible for the seamless flow of products or services from the factory to the market. Supply chain […]