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 demand for sustainable supply chains has surged as consumers, employees, investors, and governments call for greater environmental and social responsibility. This growing pressure coincides with increasing awareness that sustainable operations are not just ethical but also advantageous to long-term…
“Inventory, like money, must be managed wisely—neither too much nor too little.” This quote aptly summarizes the balancing act of inventory management. Yet, businesses often struggle with one persistent problem: dead inventory. According to industry reports, nearly 20%-30% of inventory…
Inventory discrepancies—differences between recorded and actual stock levels—are a common yet impactful challenge for businesses. They can occur for various reasons, from human error to system issues. As one expert notes, “Inventory management is the backbone of any successful business,…
In a world where speed, efficiency, and adaptability define business success, smart supply chains are the next frontier for competitive advantage. Moving away from traditional, rigid supply chain models, smart supply chains integrate advanced technologies that allow businesses to anticipate…
Artificial Intelligence (AI) is tremendously impacting our lives – personal and professional and the benefits it generates are innumerable. While AI is widely leveraged by several business sectors, however, the impact of AI on industrial operations and plant maintenance cannot…
The Internet of Things (IoT) refers to a network of interconnected devices and sensors that collect, transmit, and analyze data in real-time. In supply chain management (SCM), IoT creates a seamless connection between the physical and digital worlds, driving efficiency…
“In today’s business ecosystem, the supply chain has evolved from being a mere logistical function to a strategic pillar that drives growth and customer satisfaction.” – (Source: Geography of Transport Systems) As businesses continue to globalize, effective supply chain integration…
Keeping the right stock at all times is a bit challenging act, yet fruitful and ensures your business is always in good health. Too much stock, you end up with dead stock, increasing overhead costs. Too little stock and you…
Whether you manage a small or a large business, proper inventory management is essential to keep your business flowing. However, when you have inventory at a single location, implementing the right processes seems easy. However, when you have location-based inventory…
Managing inventory can make or break a business. Efficient inventory tracking ensures you meet customer demands without overstocking or running out of key products. It plays a crucial role in maintaining profitability and operational flow. As they say, “You can’t…