Explore our mobile supply chain solution features for Oracle and Sap, latest trends in the supply chain industry and insights from our subject matter experts.
The auto parts industry is experiencing a significant transformation, driven by technological advancements and evolving consumer demands. Based on a 2024 report, the revenue of India’s automotive components sector is projected to exceed $80 billion, with exports reaching $21.2 billion.…
At times, the terms “supply chain management” and “logistics management” are used interchangeably in varying contexts. Though, both these processes and interconnected, yet both are distinct from each other. Hence, understanding the nuances between supply chain management (SCM) and logistics…
Effective Maintenance, Repair, and Operations (MRO) management is vital for operational efficiency and financial stability, yet it comes with challenges such as inconsistent data, conflicting priorities, and fluctuating demands. These issues often result in inflated inventory levels, critical stockouts, and…
In today’s competitive e-commerce landscape, the effectiveness of picking, packing, and shipping processes is essential for operational success and customer satisfaction. As online shopping continues to surge, optimizing these logistics functions is crucial for enhancing efficiency and meeting consumer expectations…
In today’s interconnected world, supply chain disruptions can significantly impact businesses and economies alike. Recent global events have brought these disruptions to the forefront of discussions among industry leaders and economists. According to a report from the National Retail Federation,…
Inventory accuracy is the backbone of any robust supply chain. According to Gartner, nearly 38% of supply chain organizations are focusing on technology improvements to enhance inventory processes as they face disruptions like material shortages and inflation. A stark statistic…
In the current business environment, effective inventory management is crucial for achieving operational excellence and maximizing profitability. As businesses increasingly rely on data-driven decisions, understanding and tracking key performance indicators (KPIs) becomes essential. These metrics provide insights into various aspects…
Effectively managing your assets has always been an interesting and a hot topic of discussion among industry circles. Intriguing as it is, asset management involves a plethora of activities right from purchasing, managing, and finally disposing of your assets. Hence, flawless asset management…
“Inventory is money sitting around in a different form.” – Rhonda Abrams As the quote aptly says, inventory is like money, which when utilized properly brings you good returns, but when neglected diminishes your profitability. Hence, managing inventory effectively is…
In the present globalized economy where every entity is interconnected, businesses that operate remotely must find create, innovative ways to manage the stock. Hence, efficient remote inventory management is critical to supply chains today. As per a survey conducted by…