During a period marked by ongoing economic unpredictability, rising inflation, and international disputes, companies face mounting challenges in managing supply chain expenses. A recent study revealed an eye-opening statistic: the cost of business logistics in the United States has soared to $2.3 trillion, accounting for 8.7% of the country’s GDP. Take the complexities mentioned above, […]

A recent Deloitte survey spotlights the growing importance of collaboration in supply chain management, with 69% of Chief Procurement Officers (CPOs) prioritizing risk management and resilience and 61% identifying supplier collaboration as a key strategy. This emphasis on collaboration reflects a shift in how businesses view their supply chains — not just as transactional networks […]

Global supply chains are undergoing a major transformation and interest in supply chain visibility software is growing — with forecasts predicting it will hit an annual growth rate of over 13% through to 2032. With this comes the need for better visibility and managerial control.  Yet, despite the increasing demand for immediate transparency in supply […]

In a volatile global environment marked by increasing customer expectations and inevitable disruptions, managing supply chains requires a fine-tuned blend of speed and accuracy. The margin for error is slim, and missteps can trigger a chain reaction of negative consequences. The stakes have never been higher — a recent PwC survey revealed that only 37% […]

The modern supply chain is a combination of interconnected processes that require the efficient flow of goods, information, and funds for successful operations. Yet disparate systems, incompatible data formats, and siloed information undermine efficiency, agility, and profitability. As the 2024 PwC survey illustrates, 69% of operations and supply chain leaders believe their technology investments haven’t […]

Global trade has rarely been a subject of much conversation, but recent years have propelled the matter to the top of many companies’ agendas. The COVID-19 pandemic, repercussions from the post-pandemic economy, and the ongoing global conflicts have exposed the vulnerabilities of today’s global supply chains.  These cumulative changes have shattered fuel markets and supply […]

The last decade was a redefining period for global supply chains in many ways. The rapid acceleration of e-commerce, exemplified by Amazon’s dominance, coupled with unforeseen events like the COVID-19 pandemic, the 2023 war in Ukraine, and extreme weather events disrupting global shipping. This has made supply chain resilience a top priority for businesses around […]

Over the last few months, the world has seen a sweeping vaccination campaign, with the global COVID-19 vaccine rollout taking place with varying levels of efficiency around the globe. However, even in the middle of this huge immunization drive, there are still many challenges involved. These issues have emerged as a result of many emerging […]

The last decade was a redefining era for global supply chains in many ways. Acceleration of e-commerce, the rise of Amazon, and events like the COVID-19 pandemic have put a new supply chain priority into the spotlight — supply chain resilience. Additionally, these factors have exacerbated already existing issues within the industry, such as capacity […]

Supply chain change and transformation are inevitable given the exponentially growing complexity of today’s global supply chains. With this constant barrage of new information, requirements, and technology, however, often companies are hesitant to implement any changes to their supply chains due to the “we can’t stop in the middle of a sales cycle” critical nature […]