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 […]
Cloud Shores Up Supply Chain Management
The coronavirus pandemic has jolted many industries out of their comfort zones. Suddenly, sectors such as transportation, logistics and supply chain needed to adjust to the disruption caused by quarantine measures and border restrictions. Companies that were caught unprepared, paid a heavy price in terms of lost opportunities. What enabled others to overcome the challenge […]
The One-and-Done Solution for Distributors
Wholesale distributors are facing a competitive market. How can they safeguard their business given the pressure to cut costs and improve margins, and given the greater demand from customers who now buy online as a result of COVID-19? Cloud technology has helped wholesale distributors stay on top of their game — with or without a pandemic. […]
ECommerce: Core Business Component
Increasingly, and because of the changes driven by the COVID-19 pandemic, ecommerce has become more than a stand-alone channel – it has become a core business component. SuiteCommerce offers an integrated commerce solution that helps businesses move from siloed online, in-store and phone shopping channels to seamlessly connect ecommerce and in-store point of sale to […]
Wholesale and Distribution, Reimagined
Wholesale distribution, an important component of the supply chain, has shown its weak links during the COVID-19 pandemic. Closely associated with transportation and logistics, the breakdown of the wholesale distribution amid the lockdown imposed by health authorities resulted in the shortage of essential commodities. The rise of electronic commerce has also affected the nature of […]