Manufacturing Archive

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

5 Priorities for Retail Supply Chain during the On-Going COVID-19 Pandemic 

As the COVID-19 cases continue to rise globally, retailers have stepped up their efforts when it comes to providing consumers with essential goods and to protect the health and wellbeing of communities. In 2020, the global trade witnessed a significant downturn due to reduction of Chinese imports and the subsequent decline in activity. As of

Supply Chain Strategic Partnership & Partnership Maintaining 

One study showed that strategic suppliers partnership has a positive and significant effect on the integration of supply chain and supply chain performance. Supply chain partnership also helps increase the cooperation and communication between functions and firms, such as balancing production, synchronizing logistics, and shortening the time to market new products remarkably. Strengthening flexibility and

How to Find the Right Digital Manufacturing for Your Supply Chain 

A handful of forward-thinking manufacturers have evolved significantly over the past decade into digital supply chains that are far more agile, efficient, reliable, and versatile than their traditional predecessors. This is great news for like-minded companies and procurement teams wanting to partner with manufacturers that place importance on technology. So, how do you find the

Building Supply Chain Future with 3D Printing 

3D printing, known as “additive manufacturing”, has been capturing the imagination of everyone from entrepreneurs to at-home hobbyists in recent years. Today, there is a growing surge in mainstream interest in 3D printing, with exciting new breakthroughs and applications being introduced periodically. Among commercial industries, there is a growing hype and excitement that 3D printing

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

2 Types of Inventory Control Systems 

Inventory control systems are technology solutions that integrate all aspects of an organization’s inventory tasks, including shipping, purchasing, receiving, warehouse storage, turnover, tracking, and reordering. While there are some debates regarding the differences between inventory management and inventory control, the truth is that a good inventory control system does it all by taking a holistic

Knowing Supply Chains Better: Terms You Should Know

Many people often believe that logistics and supply chains fall in the same categories. Yet, these terms have their own functions in the logistics industries. For instance, supply chains represent the overall sourcing, processing and delivery of goods to the end customers, while logistics specifically focuses on moving and storing goods between different supply chain

5 Affordable Procurement Software in 2020 

In this day and age, businesses can make the best use of technology to help them make a difference in terms of the acquisition of supplies. In this case, procurement software does just that. Procurement software helps automate the purchasing process and manages all activities related to an organisation’s expenditure. It makes complex processes easier,

COVID-19: Digitations in Supply Chain & What To Adapt 

Overall impact of COVID-19 on the supply chain remains unknown even though it is forecasted normalcy in China return in April, Reuters reported. China’s role in global trade has grown significantly as a primary producer of high-value products and components that are exported globally. China has also become a large customer of global commodities and