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 […]
Warehouse management is increasingly becoming complex with time. Meeting ever-shifting customer demands is a never-ending challenge for organizations. The surge in e-commerce globally – a trend accelerated by the Covid-19 pandemic has led to a proliferation of stock-keeping units (SKUs) and challenged organizations to ensure efficient and faster delivery of products. Organizations are losing money […]
Organizations are increasingly adopting a customer-centric approach aimed at providing faster, reliable, secure, and accurate services across their supply chains. This is where Augmented Reality (AR) has emerged as a go-to-technology for organizations to optimize their supply chains. Augmented Reality in supply chain management can drive enhanced efficiency by performing traditional tasks faster and more […]
The global menace of counterfeiting has not only hurt profitability but also tarnished the reputations of organizations. According to a report released by the OECD and the EU’s Intellectual Property Office, counterfeit goods represent 3.3% of world trade. Much of the supply chain-related counterfeiting vulnerabilities are linked to the various nodes that make it exceedingly […]