Industry Trends
10 Supply Chain KPIs and Metrics You Should Track to Improve Efficiency [+Examples]
August 29, 2024 - 10 minutes read
Learn MoreIn a volatile global environment marked by increasing customer expectations and inevitable disruptions, managing supply chains requires a fine-tuned blend of speed and accuracy. The margin for error is slim, and missteps can trigger a chain reaction of negative consequences. The stakes have never been higher — a recent PwC survey revealed that only 37% […]
Industry Trends
Interconnecting the Supply Chain: The Role of Data Connectivity and Interoperability
July 16, 2024 - 7 minutes read
Learn MoreThe modern supply chain is a combination of interconnected processes that require the efficient flow of goods, information, and funds for successful operations. Yet disparate systems, incompatible data formats, and siloed information undermine efficiency, agility, and profitability. As the 2024 PwC survey illustrates, 69% of operations and supply chain leaders believe their technology investments haven’t […]
Industry Trends
Transforming Utility Supply Chains: Emerging Trends and Solutions
July 15, 2024 - 6 minutes read
Learn MoreThe utility supply chain is a critical backbone of a nation’s infrastructure, but it faces numerous challenges. Given the geopolitical, economic, and pandemic-related uncertainties of recent years, many supply chain functions are still focused on immediate survival rather than strategic transformation. According to the PwC Digital Trends in Supply Chain Survey, 64% of executives in […]
Industry Trends
What Is Supply Chain Digitization and Why Does It Matter
July 5, 2024 - 5 minutes read
Learn MoreDigitization has been discussed in almost every industry vertical in recent years. With the rapid development of new technology, globalization, and the legacy of the pandemic, most sectors have realized the importance of going digital, either partially or entirely. Growing customer demands and disruptions are becoming the new normal. That’s why global supply chains are […]