5 Benefits of Spend Analysis for Buyers and Vendors
Spend analysis in supply chain management is a process to examine purchasing trends in a company, with a view to leveraging its buying power and minimizing risks to the continued
Spend analysis in supply chain management is a process to examine purchasing trends in a company, with a view to leveraging its buying power and minimizing risks to the continued
Sales forecasting and demand management are the two primary activities that precede the supply chain planning process. Sales forecasting has a mid-to-long-term view and uses historical data along with assumptions
What Is 5G? 5G literally means fifth-generation wireless technology. The successor to 4G, the biggest changes include higher speeds, lower latency, and the ability to connect more devices at once.
COVID-19 has caused a retrenchment from riskier assets as the fallout has extended into the industrial sector, which has dropped in most advanced economies in recent months. A recovery in
Policymakers during COVID-19 operate in uncharted territory and must make tough decisions. Operational Research – the ubiquitous ‘science of better’ – plays a vital role in supporting this decision-making process.
Supply Chain Digital examines SAP’s eGuide “Surviving and Thriving: How Supply Chain Leaders can minimize risk and maximize opportunities.” Made possible by the advancement and combination of several key technologies,
SMED – or Single Minute Exchange of Dies approach aims at reducing changeover time from one process set up to another, in order to switch the equipment from making one
Introduction Information and operational technology (IT/OT) rely on a complex, globally distributed, and interconnected supply chain ecosystem to provide highly refined, cost-effective, and reusable solutions. This ecosystem is composed of
COVID-19 has brought many industrial and social activities to a screeching halt. This has resulted in the demand for certain essential products, including medical and hygiene products, skyrocketing. All the
As predicted two weeks back, the worst impact of COVID-19 on global supply chains is yet to come, and only after a fortnight, early signs have started to appear. Shipping