Optimum Material Requirements Planning (MRP) – How to get it right?
Material Requirements Planning (MRP) is one of the most important processes for manufacturers that should be run at the right frequency. With the right MRP, an organization can expect an increase in on-time shipments, lesser inventory carrying costs, lower inventory shortages, and happy customers. Whether it is done through the ERP (Enterprise Resource Planning) system,
- Published in Supply Chain Management Blogs
Fixing your supply chain challenges in 2022 and beyond
The year 2021 saw supply chain issues getting worse due to the ongoing COVID-19 pandemic. For instance, the computer chip shortage had a ripple effect across various industries. There were concerns raised about everything from restaurant food supplies to coffee shortages to lithium supply for electric vehicle batteries. Supply chain issues have never been so
- Published in Supply Chain Management Blogs
Analyzing collaboration Between Humans and Robots across supply chain
The interest in collaboration between humans and robots across the supply chain has been on the rise and the ongoing COVID-19 pandemic has highlighted this aspect even more. Automation alone can be inflexible and expensive since robots are typically designed to carry out only one specific task. The companies are realizing that the best option
- Published in Supply Chain Management Blogs
Optimizing Supply Chain to Address Cold Chain Challenges in the Pharmaceutical Industry
The incredibly growing complexity of the pharmaceutical supply chain has forced the industry to rethink the way of managing cold chain logistics. Cold chain logistics has become a complex process over the last few years demanding fundamental transformation and a structural revamping to put cold chain logistics into perspective. Managing the transportation of temperature-controlled products
- Published in Supply Chain Management Blogs
Effective network planning in supply chain management – It’s vital!
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
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Global Supply Chain Disruptions due to the Russia-Ukraine conflict – An in-depth analysis!
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
Getting started with a career in supply chain management
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
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Push vs. Pull vs. Hybrid Supply Chain Model- All that you need to know!
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?
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?
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