SCMDOJO
MARCH 28, 2023
Blockchain technology is revolutionizing the way businesses manage their supply chains. By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supply chain can help increase efficiency, reduce costs, and improve trust between suppliers and customers.
Let's Talk Supply Chain
FEBRUARY 16, 2024
2024 is coming at us fast and the supply chain is front-and-center when it comes to geopolitical tensions and wars plaguing the globe. Just this week, retail brands called for safe travel on the Red Sea amidst growing rates and delays and regional fighting that has cost over $80B in inventory. Yes, don’t forget the pirates.
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Procurify
AUGUST 11, 2022
While dealing with the ongoing inflation, companies must navigate supply chain disruptions, geopolitical issues in certain markets, labour shortages and the foggy business environment caused by the pandemic. Therefore companies must act quickly and efficiently. Manage your inventory efficiently. Sell smarter.
Zycus Cognitive Procurement
SEPTEMBER 15, 2022
According to McKinsey research , in the five years immediately following the 2008 global financial crisis, total return to shareholders for companies with top-quartile procurement capabilities was 42 percent higher than the companies whose procurement operations were in the bottom quartile. This is to enable greater autonomy and agility. .
Procurement Software
NOVEMBER 21, 2022
The experience of COVID-19 also showed that poorly managed vendor master data contributed to some of the delivery delays and supply chain disruption. As a result, their tools enable them to do their jobs in a more efficient manner with better results. Apple has him to thank for how sleek and optimised its supply chain is.
Una
JANUARY 29, 2024
Politics also plays a huge part – secession in Texas became a hot topic after Obama’s 2008 win (why? While this is true, it’s worth noting that one-third of Texas’ annual budget is supported by federal funds though. What would it mean for supply chains? It’s also about money. Scary, isn’t it?
SCMDOJO
FEBRUARY 19, 2024
Understanding Lean and Six Sigma Lean and Six Sigma are two powerful methodologies aimed at enhancing organizational efficiency and quality. – Reduced flexibility and less ability to react to new conditions and circumstances. – Lean organizations may become very susceptible to the impact of changes.
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