Supply chain analytics is defined as the activities and tools applied by companies to identify important insights regarding the large amount of data generated during procurement, manufacturing and logistics of products.
The Internet of Things (IoT) is a system of connected devices that are capable of exchanging information over the Internet. Such devices as sensors, RFID tags, and other gadgets are intended for data gathering and transmitting making systems wiser and more effective.
Green Supply Chain Management (GSCM) can be described as the incorporation of green supply chain principles into the conventional supply chain management processes of sourcing, manufacturing, packaging, distribution, and disposal.
E-commerce logistics refers to the flow of goods from where they are produced to the doorstep of the customer in any e-commerce business. It comprises of stock, movement, storage, and delivery of products.
As businesses continue to expand globally, the need for efficient cross-border logistics has never been more crucial. But what exactly is cross-border logistics, and why is it important for companies operating in international markets?
The global supply chain management (SCM) market has been on a strong growth trajectory, valued at $28.60 billion in 2023 and expected to reach an impressive $81.93 billion by 2033
LNG (Liquefied Natural Gas) trucks are known for offering better mileage and lower emissions. But, the adoption of LNG trucks is still limited due to high initial costs and a lack of widespread fueling infrastructure in India. Several efforts are being made to set up LNG corridors along major highways, but the pace is slow.
Meet Milind Gupta, the Vice President of Supply Chain and Procurement at Open Secret, a fast-growing F&B brand. With over 14 years of experience in the industry, Milind has worked across various facets of logistics, including warehouse management, cross-border logistics, and last-mile delivery optimization. His extensive expertise and hands-on approach have made him a key…
In today’s world businesses have the power and responsibility not just to react to societal demands but to proactively create a positive impact, leading by example and inspiring change in the world around them.
Supplier Relationship Management (SRM) is the systematic supplier assessment and development process to improve capability, performance, and strategic fit with organizational objectives. It entails analyzing supplier capability and potential, identifying…
JIT is a production technique that aims at minimizing inventory by procuring inventory in the production line when they are required. It was first developed and perfected by Toyota…
In the modern logistics ecosystem, managing multiple vendors is a complex task. Each vendor operates with their own unique formats and processes. Collecting and organizing data from multiple vendors can be time-consuming, which often pulls focus away from other critical business activities.