Logistics in the Time of Pandemic
Logistics, or the flow of commodities in the economy, nearly came to a halt at the start of the coronavirus pandemic as many countries were forced to impose border restrictions to contain the spread of the disease. While logistics was one of the first sectors to bear the impact of the community lockdown, it is […]
Demand for Modern Logistics Facilities to Grow
DESPITE the economic disruption brought on by the COVID-19 pandemic, the demand for modern logistics facilities in the Philippines is expected to expand, outstripping supply, says a recent study by Jones Lang LaSalle Inc. (JLL), a US commercial real estate services company with offices in several countries. The research paper, “A Case for Better Quality […]
So, You’ve Decided to Invest in Digital Tech. How Do you Know Your Vendor is up to the Challenge?
Selecting the right technology vendor can help determine the success of a company’s transformation especially during this challenging period when the coronavirus pandemic has accelerated the adoption of digital technologies. Generally, a company needs to study different factors in choosing a third-party technology partner such as the latter’s track record, transparent pricing, solutions and features, […]
Gartner, PwC: COVID-19 Drives Demand for Cloud-Based ERP
DESPITE the economic fallout from the COVID-19 pandemic, spending on cloud-based systems is expected to rise this year as the move to virtual work underscores the need for scalable, secure, reliable and cost-effective off-premises technology services. In fact, cloud spending rose 37 percent to $29 billion during the first quarter of 2020, and the industry […]
Improving Company-Supplier Relationships Amid Pandemic
Procurement is a complex process that tests the persuasive ability of any professional to arrive at a certain agreement with suppliers. It becomes burdensome when there are deadlines to meet, there is a sudden increase in requirements, or transportation is disrupted in case of unforeseen incidents. The pandemic, in particular, has hurt businesses because of […]
Seeing the Big Picture As You Up Your Technology Game
THE COVID-19 pandemic has emphasized the benefits of cloud-based applications, automation and e-commerce and highlighted the importance of mining data for insights. In fact, a Morgan Stanley report, “Technology Eating the World – Top Trends Post COVID-19” points out that for many consumers of these technologies, the pandemic has accelerated adoption timelines. For example, Morgan […]
Pandemic Puts Emerging Technologies Front and Center
Even before the disruption caused by the coronavirus pandemic forced businesses to make a quick pivot toward real-time data analytics and work-from-home arrangements, companies and organizations have already acknowledged the importance of digital transformation as a future-proofing strategy. But now more than ever, business leaders need emerging technologies to adapt to shifting market conditions under […]
Invest Carefully, Finance Executives Say
A RECENT survey of business leaders in the United States shows that spending priorities have shifted from “cut everything” to “invest carefully.” In its quarterly Finance Priorities Survey in July 2020, Brainyard surveyed 130 finance and non-finance executives and found that despite the ongoing COVID-19 pandemic, business leaders are pushing to change business as usual, […]
Pandemic Accelerates Supply Chain Trends
Lockdowns due to the pandemic have caused temporary and long-term business closures, bringing drastic changes in the way people live and work. Lockdowns have also caused disruption in the delivery of goods. Commodities and raw materials have seen bottlenecks, fueling uncertainty. But those who have been working in supply chains are no strangers to facing […]
Expanded Role is a Challenge to CFOs
A RECENT survey of 166 chief financial officers (CFOs) across 23 different industries shows that a large number of them feel that managing too many responsibilities is their biggest challenge. A white paper from Brainyard tracked the results of the 2019 survey and said 38 percent of CFOs consider their expanded role as the biggest […]