Supply Chain Archive

The Role of Chief Supply Chain Officers amid the Epidemic 

Organizations and consumers alike have felt major impacts of the global coronavirus pandemic and the resulting COVID-19 disease. The disruption is being felt across industries, sending shock waves through supply chains in manners rarely imagined. Black swan vs. cost of business?  A black swan is what economists call an unpredictable major event. Scientists have been

The Fundamentals of Supply Chain Finance

Supply chain finance, also known as supplier finance or reverse factoring, is a set of solutions that optimise cash flow by allowing buyers to extend supplier payment terms. Increasing the time it takes to pay a supplier improves several financial metrics (e.g. days payable outstanding or DPO), and most importantly, frees up cash that would

Advancing On-Demand Healthcare Delivery 

Manufacturers are building up direct delivery models in response to increasing online and home care channels. The online pharmaceutical markets will grow to $128 billion by 2023. Services will be pushed from hospital or clinics, to a home care environment to increase customer convenience and reduce cost of care. Mobile healthcare professionals provide treatment at

10 Skills Required TO BE a Data Warehouse Consultant 

  Data Warehouse Consultant is one of the most tempting jobs with a big paycheck around $42.0 an hour – that’s $87,367 a year. The job growth is also good with 9 percent growth between 2018 and 2028 with 10,500 job opportunities available, according to the U.S. Bureau of Labour Statistics. While the job offers

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

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

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

The Complexity of Port Call Operations

Port call operations involve a substantial number of actors. Upon reaching the coastal area, the maritime authority is involved, including pilots and tug operators or other supporting nautical services required to bring a ship from a port area to berth. Port providers that deal with port call operations are also there to ensure that everything