Category
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, […]
Category
Supply chain visibility software: solutions to improve logistics management
September 5, 2024 - 13 minutes read
Learn MoreGlobal supply chains are undergoing a major transformation and interest in supply chain visibility software is growing — with forecasts predicting it will hit an annual growth rate of over 13% through to 2032. With this comes the need for better visibility and managerial control. Yet, despite the increasing demand for immediate transparency in supply […]
Category
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 […]
Category
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 […]
Category
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 […]
Category
Future-Proofing High-Tech Supply Chains: Key Challenges and Solutions
June 27, 2024 - 5 minutes read
Learn MoreHigh-tech manufacturing thrives on speed and precision – delays can be the difference between securing market leadership or being left behind. Efficient supply chain management is crucial, ensuring the latest innovations reach consumers without a hitch. Unfortunately, the complexity and demands of high-tech supply chains present challenges that require proactive and strategic solutions. In this […]
Category
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 […]