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Two supply chain trends you can’t ignore in 2023
Over the last two years, as supply chains are being forced to respond to various disruptions, the need to invest in risk mitigation strategies has come to the forefront. A recent Statista survey found that 72% of businesses are still suffering from the adverse effects of the pandemic. As global supply chains continue to face…
Digital Procurement Strategy – 10 Transforming Steps to a Successful Procurement
The procurement landscape is evolving at a rapid pace, presenting both challenges and opportunities for businesses. Traditional procurement processes often suffer from inefficiencies, manual tasks, and limited visibility, resulting in increased costs and missed opportunities. However, digital procurement solutions offer a transformative approach to overcoming these pain points effectively. In this article, we will outline…
Air Freight Vs. Sea Freight: 4 Factors that will help you choose the right freight service for International Shipping
There are a few things to take into consideration while choosing the best method to ship your goods. Choosing the right service between air freight vs sea freight will help you bring down costs and bring inefficiencies in your shipping process. Cost / Price As a business owner, before shipping goods, you need to check…
COVID-19 pandemic: A call for companies to digitise supply chain
The coronavirus pandemic is a wake-up call for the logistics industry to adopt digital transformation. To contain the spread of COVID-19, work from home policy has become a norm across countries. However, it is challenging for an industry steeped in traditions to implement remote working. For an industry where ensuring transparency and efficiency is tough…
Four costly supply chain mistakes that leaders must avoid.
The larger, more complex and interdependent an industry grows, greater the scope for errors to occur. Certainly, the rapidly growing and highly intricate supply chain industry is no exception. When it comes to supply chains, be it a small error (like slight delays in tracking your shipments) or a missed opportunity (getting better freight quotes…