Can Digitizing Supply Chains Make Them More Resilient?
The COVID-19 pandemic has made it clear that the global supply chains need to be more resilient. The issues surrounding demand and supply, labor shortages, logistics challenges such as border closures during the lockdown period made the supply of goods and services difficult across the world. Moreover, this pandemic has caused a significant shift in
- Published in Supply Chain Management Blogs
Circular Supply Chain For The Future
The supply chain structure has remained unchanged since the time humans began distributing products to each other. The raw materials are changed into the final product and then are distributed, used, and finally discarded. This linear supply chain model has been working for decades and has been sufficient to churn the economies. However, now with
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How Can Blockchain Help Pharma Companies To Fight The Menace Of Counterfeit Drugs?
Counterfeit drugs have an adverse impact on both consumers and pharmaceutical companies. Can Blockchain help to fight this menace? Let’s explore Blockchain In Life Sciences And Healthcare Blockchain is a powerful technology that leverages distributed ledgers among different parties and helps them secure unanimous trust. This new technology has the potential to impact all aspects
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Is The Global Supply Chain Ready For A COVID-19 Vaccine?
“Safely delivering COVID-19 vaccines will be the mission of the century for the global air cargo industry. But it won’t happen without careful advance planning. And the time for that is now,” said IATA Director General and CEO Alexandre de Juniac. The COVID-19 pandemic has put tremendous stress not only on the population but on
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Top 5 Technological Innovations to Modernize Supply Chain Management
Supply chain management is one of the critical elements of productivity, and this has compelled a paradigm shift in the way it is done. Digital technologies and innovations are bringing massive improvements and changes in supply chains. On other hand, continued globalization and digital disruption have sent customer service expectations through the roof and put
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US vs. China – Who Would Control The Global Supply Chain In A Post-Pandemic World?
The COVID-19 pandemic has politicians around the world vowing to take action to limit dependence on China. The US has spoken about bringing the supply chains to the US from China. They have even floated it publicly that some friendly nations in Asia could help produce essential goods. So can the US end China’s control
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Impact Of The Pandemic On Food Supply Chains
The COVID-19 outbreak shows that a pandemic can create serious havoc on supply chains. The modern global food supply chains of today are a phenomenon of just-in-time efficiency that cuts costs at every corner. However, with the efficiency comes a fragility that makes handling interruptions like this pandemic more difficult. The complications created by the
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How To Build Resilience In Your Supply Chain?
In the wake of COVID-19 outbreak and other disruptions, the supply chain leaders have to balance efficiency and resilience to secure their network and minimize supply chain downtimes. The general geopolitical trend towards nationalization, Brexit, the US-China trade war, and lately, the pandemic have changed the priorities of many supply chain frontrunners. They have to
- Published in Supply Chain Management Blogs