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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% […]
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Digitizing For End-to-End Supply Chain Visibility
July 29, 2024 - 7 minutes read
Learn MoreRecent global disruptions have emphasized the urgent need for end-to-end supply chain visibility, yet KPMG studies show that a mere 43% of organizations have some sort of visibility into tier one supplier performance. This lack of multi-tier visibility poses significant challenges in identifying and mitigating risks, ensuring regulatory compliance, and achieving ESG goals. With the […]
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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 […]
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The Data Chain: Linking FAP and Supply Chain Visibility
June 19, 2024 - 7 minutes read
Learn MoreEnd-to-end supply chain visibility is no longer a luxury but a determining factor for competitive success. A 2024 survey by Tive revealed that 89% of supply chain executives consider digital transformation a top priority, with real-time visibility at its core. This focus on visibility stems from the growing complexity and volatility of global supply chains. […]
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The Impact of Supply Chain Digitization
June 12, 2024 - 7 minutes read
Learn MoreSupply chain digitization is a critical investment for modern organizations looking to enhance efficiency and stay competitive in evolving markets. By adopting digital solutions, businesses can improve visibility, decision-making, and risk management across their supply chains. As more companies embark on this digital transformation journey, it’s essential to understand the potential impacts of digitization on […]
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Four Trends Reshaping Aerospace Supply Chain Management in 2024
May 17, 2024 - 7 minutes read
Learn MoreThe aerospace and defense (A&D) industry experienced a clear revival in the last few years. With commercial aviation finally shaking off the pandemic’s drag and surpassing pre-COVID travel volumes and defense sectors gearing up amid shifting global politics, there’s a strong push for newer, faster, and more efficient aircraft and technologies. The demand for A&D […]
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The Data Chain: Linking TMS and Supply Chain Visibility
April 25, 2024 - 8 minutes read
Learn MoreGlobal commerce is accelerating by the minute, and the ability to see through the complexity of the supply chain is becoming increasingly important. According to Tive’s “State of Visibility 2024” survey, 77% of supply chain decision-makers say real-time visibility is a must-have, yet a mere 24% report having the capabilities to achieve this critical level […]
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Enter Supply Chain Digitalization | The Future of Biopharma
February 20, 2024 - 5 minutes read
Learn MoreThe pharmaceutical industry has undergone a profound transformation in recent years, fueled by unprecedented technological advancements. The adoption of artificial intelligence (AI), machine learning (ML), the Internet of Things (IoT), and big data has revolutionized drug discovery, development, manufacturing, and transportation. These innovations have also accelerated new therapies’ time-to-market and significantly reduced research and development […]
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What Is Supply Chain Digitization, and Why Does It Matter?
February 23, 2022 - 5 minutes read
Learn MoreDigitalization, or digitization, is a hot topic that’s been actively discussed during recent years across almost every industry vertical. With the rapid development of technology, globalization, and the impact of pandemics, every industry has faced the challenge of going digital, either partially or completely. Essentially, global supply chains are a primary target for digitization. While […]
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How To Quickly Move From An Analog To A Digitized Supply Chain
February 15, 2022 - 5 minutes read
Learn MoreGiven the constantly growing complexity of today’s global supply networks, supply chain change and transformation are unavoidable. Due to the “we can’t stop in the middle of a cycle” crucial nature of supply chain processes and applications, many firms are having difficulties adopting any changes to their supply chains in the face of this continuous […]