The future of the supply chain hinges on the adoption of cutting-edge technologies. Edge computing brings decision-making closer to the point of action, enabling real-time responsiveness. Digital twin technology envisions optimal implementation, eliminating errors and optimizing processes. Microservices offer scalability and flexibility, allowing capabilities to be adjusted as needed. Robotics automation frees up resources by […]
Building smart supply chains that are connected, data-driven, sustainable, and resilient, powered by AI-enabled digital technologies. Digital transformation has taken over industries by storm and has had a similar impact on supply chains too. While some supply chain practitioners are missing the bandwagon of transformation and faltering to keep pace with the digital revolution, others […]
Supply chains are the lifeline for industries and businesses. It is an intricate network of multiple stakeholders and processes that work tirelessly and in sync to ensure the seamless movement of goods and services. Through the years technology has been the stand-out contributor to the growth and success of supply chains from automation to data […]
We are in the midst of an experiential economy, where the customer has further cemented his place as the king. Pleasing the king is not an easy ask as he wants the best of experience for every product or service consumed. Customers today expect organizations to deliver more holistic, innovative, and hyper-personalized experiences. The emphasis […]
Supply chain disruptions caused by an unexpected surge in demand, material shortages, and stockouts more often than not catches organizations off guard. The residual impacts of pandemic-induced demand-supply imbalances taught the industry a valuable lesson: anticipating market demand based on historical data is no longer feasible. They must adopt more futuristic and realistic methods of […]
Advanced analytics has brought forth the next spurt of growth for the Oil and Gas (O&G) industry. According to a report by Mckinsey, advanced analytics has the potential to transform organizations, and fundamental operating models and can yield returns as high as 30-50 times of investment. The oil and Supply chain industry grapple through a […]
Supply chains have gone through significant transformation buoyed by the advancement of technology but a lacuna still exists because of the complex structure of supply chains that have hundreds of moving parts. Multiple raw material providers, manufacturers, wholesalers, retailers, aggregators, and logistic solution providers all constitute a complex mix within the supply chain. New-age digital […]
Global supply chains are an intrinsic network of buyers, sellers, manufacturers, suppliers, logistics, and a lot more. Add to this complexity the ever-evolving market environment that impacts supply chains. Instances such as wars, pandemics, government regulations, climate change, and the mix become untenable. But supply chains have to function and function well to address the […]
Can out-of-warranty events that get completed as if they were under warranty be significantly and systematically reduced? When an equipment malfunctions or an asset breaks down, service providers are facing as challenging a problem as ever. High customer expectations mean that there’s little time to plan and react effectively, which may involve the coordination and […]
Organizations are paying more attention than ever to digital supply chain management in their efforts to turn them into powerful growth engines. In a perpetually connected ecosystem, enterprises are challenged to meet growing customer demands for providing speed, convenience, and accuracy. Today, customers not just want products in their hands faster than ever but also […]