Eliminating today’s digital waste and adopting new technologies is a major lever to increase the operational effectiveness of supply chains. The potential impact of Supply Chain 4.0 in the next
Supply Chain 4.0 – the application of the Internet of Things, the use of advanced robotics, and the application of advanced analytics of big data in supply chain management: place
Automate the warehouse and distribution center Retailers and manufacturers should look into automated hardware solutions such as autonomous mobile robots (AMRs), picker robots, cobots, and automated conveyor systems. Future automation
Implement the Internet of Things-linked systems and devices Internet of things (IoT)-based systems are essential to managing complex, omnichannel supply chains due to the worldwide nature of potential customers and
In the end, the traditional pyramids we are used to seeing in supply chain management and logistics are poised to be disrupted. While we aren’t entirely in that stage yet
Logistics 4.0 and Supply Chain Management 4.0 or smart supply chain management concern the various aspects of end-to-end logistics and supply chain management in the context of Industry 4.0, the
Let’s learn more about Diversity and Inclusion: Diversity is about the representation or the make-up of an entity. Inclusion is about how well the contributions, presence & perspectives of different
Demand forecasting is the process of using predictive analysis of historical data to estimate and predict customers’ future demand for a product or service. Demand forecasting helps the business make
Imagine that you are operating a warehouse where you receive large quantities of similar items from manufacturers and distributors. Upon receiving, you store the items in the warehouse. You break
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