Category: Blogs

Supply Chain Management (SCM) is defined as a strategic, operationally critical function in today’s complex organisation environment. Every technological development and increase in the sizes of markets around the globe poses a test to the ways in which firms manage their supply chains in order to optimise their efficiency, minimise costs and please consumers. Therefore,…

The global environment is ever-demanding, and supply chain organisations are not left out of the test of time. Organisational risks can range from disruptions caused by a natural calamity to the occurrence of volatile demand shifts, making the management of risks more important. Risk management is now turning into a formidable science that enables organisations…

SCM has emerged as the cardinal business strategy in today’s fast-growing market landscape that enables an organisation to maintain competitiveness. Whether it is a local or a global corporation, a variety of challenges arise which would affect the profitability and customer satisfaction of any organisation. Overcoming such supply chain challenges is critical for enterprises in…

In today’s global environment, inventory is one of the most important components in the management of efficient supply chain. It is no longer in the culture to stock an inventory blindly; now inventory is the management of stock levels with an intersection with sustainability, which is the balanced manner of managing stocks considering the aspect…

More than just a fad, electronic supply chain management, or eSCM, is revolutionising how companies manage supply chains and logistics in an increasingly globalised marketplace. Businesses are seeing increased operational transparency, cost savings, and efficiency as a result of incorporating technology into every stage of the supply chain. In this blog, we go through what…

In today’s global environment dominated by the constant movement of people and goods, inventory control is an indispensable factor of competitive advantage. If well coordinated and executed, it can help with getting an improved internal business flow, less delivery time and hence customer satisfaction. Below are ten supply chain management best practices which can aid…

In the current business world, most organisations require effective and efficient supply chain management so as to meet the increasing consumer demands. Thus, 3PL and 4PL have become essential options for many. Hence, identifying the differences between 3PL and 4PL can help in providing a strategic direction specific to organisations because each approach has its…

Today when the world is globally interconnected, the supply chain is a vital aspect of every business field. Supply chains are many-faceted and at the centre of each is logistics, handling the functions of moving, storing and controlling the flow of goods. Logistics as a component of the supply chain has a large potential for…

They say managing risks is always possible, but it has become more of a necessity in the current world, where supply chains involve interactions in the global environment. Organisations today are at high risk of potential supply chain disruption, which may include natural disasters, conflict, geopolitical instabilities and market volatilities, thus increasing emphasis on supply…