“Commentary: Caution—Bullwhip Effect Ahead” Even as the Covid-19 pandemic eases in most of the developed world, current evidence reveals that many firms are about to be knocked off their feet once more. As the pandemic’s rippling effects disturbed established supply-and-demand patterns around the world, uncertainty about demand estimates needed to drive supply-chain choices grew significantly […]
As the world’s population grows, city living is becoming the norm for most. By 2050, 68% of the world’s population is projected to live in urban areas (source). Even today, megacities like New York (metropolitan areas with a population of more than 10 million people) congest traffic and provide a challenge for logistics. What can shippers do […]
Many businesses in the 3pl, logistics & services industry are beginning to adopt new technologies into their operations and manufacturing processes. They are developing new digital capabilities that create and add value to their customers to stay relevant in an extremely competitive market. Because they develop and adapt, they can compete with the big dogs […]
The world is in an ever-evolving state of digital transformation which has improved the performance of businesses and global supply chains. What is “digital transformation”? It can be described as the “application of technology to view, digitize, and analyze data in an accurate and quick manner to improve supply chain performance”. Companies are now using their […]
Smart manufacturing is a process of using digital resources to connect networks and manage every link a supply chain, from sourcing to logistics. This can include cloud technology as well as on-site software to monitor and track shipments. WHY IS SMART MANUFACTURING IMPORTANT? Smart manufacturing means you can track activity in real-time. This is increasingly important with initiatives like […]
Still not convinced that the cloud is the right management tool for your industry? Here are just a few reasons why you should make the switch.