Posts

Showing posts from January, 2020

4 Ways to Keep-up with Digital Transformation in Supply Chain

Image
As per a recent survey conducted by Forbes Insights, “ 65% of logistics, supply chain, and transportation executives acknowledge the necessity to revamp existing models and add flexibility to business operations in order to ensure omnichannel delivery, reduce costs and meet the ever-shifting consumer demand.”  Well, these statistics are testimony about the rapid transformation that the supply chain industry is experiencing and most of it has to go with the digital revolution. Hence, it becomes all the more evident why having a proper strategy for digital transformation is necessary and how one can easily adopt and adapt to it. Here are the four ways that are indispensable in the modern age supply chain industry that help one keep up with digital transformation. Smart Automation:  In the new wave that is digitalizing everything, the expanse of automation has grown manifolds. And, the tech behind this revolution is IoT. While hardware accounts for most of the IoT t...

Five ways Cloud Technology is transforming Supply Chain Management

Image
Cloud technology is transforming industries by leaps and bounds. Transport & Logistics is one of the prominent sectors affected by the digital revolution. By 2020, approximately 80% of supply chain interactions will happen across cloud-based commerce networks. The new rules of the game are radically changing the supply chain industry . Be it new regulations, or buyer expectations, the traditional supply chain model is being challenged at every step. The growing demand for end-to-end visibility, agility, and integration is beyond what traditional supply chain systems can offer. Here are the five top ways of why supply chain leaders are moving to cloud-based solutions. 1. Curb Operational Costs Cost is a major factor that plays a vital role in an organization’s growth strategy. It’s evident that digitalizing the procedure reduces cost, especially in supply chain management. Further, process automation results in higher efficiency. Integrating an automated shippin...