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Reducing Supply Chain Costs with Visibility Solutions
September 12, 2024 - 10 minutes read
Learn MoreDuring a period marked by ongoing economic unpredictability, rising inflation, and international disputes, companies face mounting challenges in managing supply chain expenses. A recent study revealed an eye-opening statistic: the cost of business logistics in the United States has soared to $2.3 trillion, accounting for 8.7% of the country’s GDP. Take the complexities mentioned above, […]
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How to improve real-time supply chain visibility through stakeholder collaboration
September 11, 2024 - 9 minutes read
Learn MoreA recent Deloitte survey spotlights the growing importance of collaboration in supply chain management, with 69% of Chief Procurement Officers (CPOs) prioritizing risk management and resilience and 61% identifying supplier collaboration as a key strategy. This emphasis on collaboration reflects a shift in how businesses view their supply chains — not just as transactional networks […]
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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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5 Ways To Build a More Resilient Supply Chain in 2024
June 25, 2024 - 6 minutes read
Learn MoreGlobal trade has rarely been a subject of much conversation, but recent years have propelled the matter to the top of many companies’ agendas. The COVID-19 pandemic, repercussions from the post-pandemic economy, and the ongoing global conflicts have exposed the vulnerabilities of today’s global supply chains. These cumulative changes have shattered fuel markets and supply […]
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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 […]