Leveraging AI for Resilient Supply Chains: Insights from Aratum VP of Operations Thomas Choy
During the COVID-19 pandemic, logistics and the whole supply chain ecosystem were halted due to lockdowns and the great resignation. The Ukraine war then exacerbated this, and many companies curtailed their operations in Russia. The pandemic restrictions subsided more than a year after the war, but supply chain chaos still lingers in 2024. However, unbeknownst […]
Four Challenges of Supply Chain Management in 2024
The general outlook of international supply networks has faced disruptions for several years. The US-China trade conflict, the COVID-19 pandemic-era consumer goods boom, and the Russia-Ukraine war have been among the most notable. Natural catastrophes, bankruptcies, and operational challenges have also caused supply chain interruptions. Operationally, supply chain activity has mostly stabilized in 2023. However, […]
How Effective Asset Maintenance Can Maximize Asset Lifespan
The machines and equipment you use to run your business amount to a large chunk of your investment. Even though these are well-budgeted, wouldn’t it be nice if you could use your assets for a long time? Imagine the savings you get when you don’t have to buy new equipment for a while. Now, the […]
5 Advantages of Using Omnichannel Customer Support
The rise of online shopping in the past decade has changed the course of humanity, especially during the midst of the COVID-19 pandemic and lockdowns. However, despite that, recent research shows that 94% of consumers still buy from brick-and-mortar stores. Hence, there has been an ongoing debate as to what’s better or more ideal: shopping […]
Incoterms 2024: Meaning, Changes, and Rules
Welcome to the dynamic world of international trade, where the wheels of eCommerce utilize a language of their own: Incoterms. As we enter 2024, merchants must stay ahead of the curve and confidently navigate the numerous pathways of global transactions. Imagine a company based in the United States that manufactures electronic gadgets. They have recently […]
Decoupling Inventory: What It Is and When to Implement It
In businesses, setbacks and sudden shifts in the supply chain are unavoidable. Supply chain issues due to the COVID-19 pandemic, the Great Resignation, and China’s Zero Covid policy are uncontrollable. Political issues like the Ukraine war and the global chipset crisis also pose a threat to global trade and countries’ partnerships. Everything in the retailers’ […]
4 Best Practices for a Successful WMS Implementation
The E-commerce and Omnichannel shopping arenas have become more challenging for business owners and managers. The influx of orders and customer demands has caused businesses to adapt to newer forms of technology, apart from considering new staff, especially in the warehouse. Amidst this dynamic environment is Nature’s Best, an American health and natural foods company, […]
How Tech is Reshaping Retail Sourcing, Management, & Sustainability
Retail stores, whether online or physical, account for significant contributions to the GDP of every country in the world. The industry generates employment, fosters entrepreneurship, and contributes to tax revenues, all in favor of economies. Beyond its positive economic impact, retail stores meet every consumer’s needs and desires as they give access to essential goods […]
5 Supply Chain Management Podcasts You Should Listen To
The supply chain world has been evolving at an unprecedented pace, and constant learning has become not just a luxury but a necessity. We are quite fortunate that the pursuit of knowledge and inspiration is no longer confined to the halls of institutions but instead widely available to anyone with internet access. Infinite supply chain […]
Driving Visibility, Intelligence, and Agility through Supply Chain Technology on Cloud
Driving Visibility, Intelligence, and Agility through Supply Chain Technology on Cloud Whether discussing healthcare, food, or fashion, the supply chains that convert raw materials to finished goods are getting increasingly complex. That’s because the world we currently live in has become unpredictable, volatile, and fast-changing. Business owners or chain managers like you can easily risk […]