Effective contingency planning in project management
Monday, 11 April 2022
Contingency planning is all about having a backup strategy for your business in case of any unforeseen events that may knock off your plans off track. Every project undertaken in a business has a unique set of risks, therefore when project managers carry out a risk assessment and identify potential threats, a proactive backup plan
- Published in Project Management Blogs
Analytics trends for 2022 and beyond – Enabling businesses to leverage the power of data
Sunday, 10 April 2022
The pandemic has accelerated digital transformation across businesses, which, in turn, has led to generation of massive data. When managed and leveraged in an appropriate way, data can be a goldmine for businesses to make smarter decisions. For most of the businesses, supply chains are the lifeblood. Collaboration across various suppliers, processes, software has long
- Published in Analytics Blogs
Effective network planning in supply chain management – It’s vital!
Saturday, 09 April 2022
Network planning in supply chain management is a complex task that involves coordinating different individual companies, integrating several processes and activities in the supply chain network to improve the value of products or minimize system-wide cost while satisfying the demand of consumers. What is network planning in supply chain management? Supply chain network planning is
- Published in Supply Chain Management Blogs
Global Supply Chain Disruptions due to the Russia-Ukraine conflict – An in-depth analysis!
Monday, 14 March 2022
Global supply chains are now facing another challenge after the pandemic led disruptions – the Russia-Ukraine conflict. The supply chains have been fragile since the beginning of the pandemic, and this military conflict between Russia and Ukraine is only exacerbating the situation for several companies in various industries, especially those reliant on energy resources. The
- Published in Supply Chain Management Blogs
Project Management Resources – Cost Benefit Analysis for projects
Thursday, 10 March 2022
When you are managing a project, invariably you have to weigh one option against another. A cost benefit analysis is the easiest way of comparing all your options to determine which will be the right one for your project. What is Cost Benefit Analysis? CBA or Cost Benefit Analysis is an efficient technique that is
- Published in Project Management Blogs
Getting started with a career in supply chain management
Friday, 25 February 2022
Looking for a career in supply chain management? You are not alone, especially now when the COVID-19 pandemic has raised awareness about the global importance of this crucial sector- and has shown it to be a great career option. Supply chains involve a series of processes that takes a product from the manufacturer to the
- Published in Supply Chain Management Blogs
Push vs. Pull vs. Hybrid Supply Chain Model- All that you need to know!
Saturday, 15 January 2022
Supply Chain extends from the factory where the goods are manufactured to the time they are delivered to the customer or to distribution centers and further to retail channels. Supply chain strategies determine when the product should be manufactured, delivered to distribution centers and finally made available in the retail channel. To achieve this a
- Published in Supply Chain Management Blogs
How to improve quality control across your supply chain?
Saturday, 11 December 2021
With companies now pursuing broadened supply chain strategies, the ability to manage quality in the supply chain has become more challenging. Supply chain management has a direct impact on the product quality and the overall profitability of the company. Therefore, efficient quality control across the supply chain is vital for maintaining a competitive edge in
- Published in Supply Chain Management Blogs
Are Supply Chains Diversifying Sourcing To Become More Resilient To Global Disruptions?
Friday, 10 December 2021
Diversifying sourcing is now widely being seen as a critical step in making supply chains more resilient to cope with global disruptions. A trend that has accelerated during the ongoing COVID saga. The years 2020 and 2021 were hugely disruptive years. 72% of the companies experienced external disruptions to their manufacturing supply chain as per
- Published in Supply Chain Management Blogs
Why Are Transparent Supply Chains Becoming Increasingly Vital?
Tuesday, 05 October 2021
Transparency in the supply chains is rapidly becoming a priority as companies, consumers, governments, and other stakeholders are demanding details about the systems and sources that deliver goods. With more transparent supply chains, companies can connect better with consumers, build trust, and create improved visibility to all parts of the supply chain. What is supply
- Published in Supply Chain Management Blogs