Inventory visibility is all about knowing the exact location of a product within the warehouse and also being able to track its movement when in transit. Time travel to a decade ago, predicting the total number of goods in stock was merely guesswork. Or, the manager would have to walk down the entire warehouse to…
The year 2020 might have started well but, soon things were out of control. The deadly virus created havoc enforcing mass closure of retail shops, offices, and institutions worldwide. Since then, everything has changed. While the corporate sector has resorted to the work from home culture, other business organizations are grappling to keep up with…
Whether you agree to this or not, the pandemic crisis hasn\’t been anything less than a Black Swan event. Characterized by uncertainty and rarity, COVID-19 has caused immense disruption across all lines of business operations. The one facing serious repercussions is the supply chain and logistics industry. Upending supply chain operations in multiple ways, the…
The COVID-19 crisis has caused tremendous disruptions across all industries. Even though the virus originated in the Wuhan city of China, it quickly turned into an epidemic and then, a pandemic. This not only created a situation of distress but also forced people to stay locked behind their doors, avoiding social gatherings. The threat of…
The on-going pandemic has disrupted the entire chain of operations all across the globe. Where a few businesses had to put their activities on hold, the grocery shopping evolved, and beyond expectations. There occurred a sudden upsurge in demands which again caused disruptions. Much of this is attributed to the fact that the grocery supply…
COVID-19 pandemic has created a significant impact on the efficiency and effectiveness of global supply chain systems, along with exposing a myriad of cracks in the systems that companies have been optimizing for a decade. The global, multi-tiered setup of today\’s supply chains has allowed for tremendous amounts of bottlenecks and roadblocks to be brought in…
Supply chains are more Complex and Distributed than ever before. With the extent of Globalization and interconnection between the countries, there is a lot of scope for the loss of control and lack of visibility. Threats to the Supply chain and the Company have been higher than before and are much disruptive. The COVID situation…
With the Global Pandemic situation, the procurement teams are struggling to cope up with their current conditions. They have been trying to keep up with the situation, working diligently to secure the material and resources to protect their Supply chain lines. Organizations are emphasizing on creating employee safety measures as well as new operating procedures…
The Corona Virus aka COVID-19 has spread across the world, and its humanitarian impact has grown, where in the Demand and Supply curves have not been stable and the retailers have been putting in a lot of Efforts while trying to keep up with the demand from the consumers. There are many challenges that have…
The sudden outbreak of the Corona Virus has been causing a huge disruption to the Manufacturing, Retail and the Global supply chains, with a great impact on the businesses, consumers and the Global economy. Employers are worrying about how to tackle the issues on protecting their workforce, while ensuring the supply security, mitigating the financial…