Archive for November 2019

Gone are the days of manual order fulfillment and record-keeping in the supply chain. Today, more businesses are integrating advanced innovative technologies in to enhance their warehouse processing. The supply chain now depends heavily on comprehensive IoT ecosystems that comprising of hardware, middleware, software, connectivity, and advanced technologies to create an ecosystem that can be…

Irrespective of what business you are in, the vendors and suppliers you work with play a key role in your company’s success. Therefore, it is essential to have a formal system in place to track and evaluate how supplier and vendor performance affects the profitability of your company. Rather than viewing them as third party…

Product recalls occur when a large quantity of a product fails to function as advertised or isn’t safe for use. The manufacturer or a government agency then take the decision to recall, and this process can be liked to supply chain in reverse. Irrespective of what industry you serve, the chances that a recall will…

The goal of every business is to turn a profit, the bigger, the better. In recent years, pressures from shareholders, investors, and customers have significantly increased the need for a more sustainable supply chain. Although incorporating sustainability into your company’s supply chain can be a complicated endeavor, but failure to act may be the most…