Flows and Tolls Archive

5 Top Free Supply Chain Mapping Software in 2021

Managing supply chains that operate in network environments can be complicated. Supply chain organisations are expected to provide the right products and services to customers at the right time and place within required specifications. While supply chain management is key to success, these efforts can be assisted by visualisation approaches such as process mapping (supply

Future Shock: Are You Up to the Omnichannel Challenge?

Picture this: You stand outside and hear thunder. Looking up to the sky, you see a dark grey cloud. You take out your smartphone to find a website selling umbrellas. After choosing the style and colour, you press ‘Order’. In a mere 5 minutes, a drone is hovering above you, gently delivering the purchase into

How to Cut Supply Chain Costs Post-Pandemic 

The COVID-19 outbreak has shaken up the global supply chain to its core. Not only has the supply and demand halted, but the outbreak has also led the economy to shrink – thus driving supply chain leaders to rethink and transform their global supply chain model. The pandemic has forced businesses around the world to

How Onshoring Makes Supply Chain More Efficient 

Supply chain managers keep discovering the benefits of onshoring options, taking advantage of contract manufacturers that use digital technologies and smart, on-demand manufacturing on shores. Managing global supply chains has arguably never been more challenging. Every industry has had its fair share of macro-economic unpredictability over the years, be it natural disasters, health epidemics and

Supply Chain Agility in an ERA of Continuous Change 

For many organisations today, constant and disorienting change is the new normal. Challenges are common and supply chain leaders need to step off the treadmill and escape a perpetual crisis mentality. Bob Ferrari, managing director of The Ferrari Consulting & Research Group, explained that the single biggest challenge that organisations face today is the overall

No Supply Chain Can be 100% Secure: Here is What TO DO 

Today’s new security systems allow threatening materials, weapons, drugs and currency to be detected and identified automatically, even in concealed shipments. Even so, enhancing security levels should still become a major priority for governments and companies due to reliance on technology that is continuously growing. For instance, in some parcel bomb incident discoveries, the US

Digital Platforms in Freight Networks Supply Chain 

Digital freight networks (DFN) are a new class of freight service providers that combine technology, data, and a dense network of carriers and shippers to reduce the inefficiencies in the freight industry. Unlike traditional brokers and asset-based carriers that focus primarily on transporting freight, DFNs move freight more efficiently while also providing insights that help

Preparing Supply Chain for AI, Blockchain & Machine Learning: 5 Questions to Ask

Data is the new oil – it becomes more essential than ever. Technological leaps like blockchain, artificial intelligence and machine learning run on data. They’re already beginning to transform supply chain operations across many sectors. So, is your supply chain organization prepared to adopt these emerging technologies and generate operational improvements to deliver the anticipated

4 Core Supply Chain Capabilities

Organisations are moving away from focusing their supply chain efforts on functional excellence to leveraging supply chain as a strategic capability, Deloitte study found. With this, supply chain firms should fulfil the core capabilities that form the functional backbone of the supply chain itself. These core capabilities also help supply chain operations at leveraging its

Business Tips for Savvy Supply Chain

Supply chain is the lifeblood of any business, impacting everything from the quality, delivery, and costs of business products and services to customer service and satisfaction. No wonder, the pressures on supply chain teams, including maintaining its sustainability, cost efficiency, disruption and risk mitigation are increasingly growing in terms of complexity. Based on IBM research, many