How to increase supply chain agility?
Whether it is a global pandemic, trade wars, geopolitical instability, tariffs or natural disasters, these disruptions make a significant impact on supply chains globally. With such unpredictable disruptions, companies must invest in building key capabilities in their supply chains i.e. agility, resilience, and sustainability. Here we will talk about how to increase supply chain agility
- Published in Supply Chain Management Blogs
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
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
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