Top 5 Motivating Factors for Investing in New Supply Chain Technology

There are many reasons a company might invest in new technology for their supply chain strategy, and for each of those reasons, there’s a corresponding solution. Whether they know it or not, technology will play a crucial role in the future success of the supply chain. Recently, Gartnerยฎ published Predicts 2023: Supply Chain Technology, a…

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How to Handle High Amazon Sales Volume With EDI

Selling on Amazon can increase your customer base and brand awareness. The website hosts more than 300 million customer accounts in over 180 countries, allowing you to optimize your reach. Whether you’re a small business owner or a massive global chain, Amazon supports your business and revenue goals. As your brand popularity grows, managing high…

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Embracing the Cloud for Supply Chains

More companies are recognizing the benefits of automation, supply chain visibility, and streamlined communication and are implementing the cloud to gain the operational efficiency they need. According to a study of global cloud usage among businesses, enterprise spending on cloud infrastructure equaled $178 billion in 2021, up from $1 billion in 2009.ย The steady spending increase…

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Just-In-Time vs. Just-In-Case

An emphasis on supply chain cost-efficiency led many companies to use the just-in-time inventory management method for years. While just-in-time inventory can significantly reduce costs, the COVID-19 pandemic illuminated several weaknesses of this method. An over-reliance on suppliers and difficulty meeting demand fluctuations forced companies to reevaluate their strategies. Many switched to just-in-case inventory, which…

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3 Things Sage ERP Users Should Look for in EDI

In business, some things just go together. ERP and EDI solutions are two of those things. Both add value independently, but together they offer companies unparalleled efficiency and connectivity. Organizations utilizing Sage will likely understand this more than most. Sage’s suite of products is tailored to industries where EDI is prevalent. Still, the corporate landscape…

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How Recessions Create a Bullwhip Effect

Any action by a player in the supply chain has a ripple effect, whether they’re a supplier, distributor, customer, or manufacturer. The supply chain bullwhip effect is one example of such a reaction. The bullwhip effect results from each party along a supply chain inflating orders in response to a smaller initial demand spike to…

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6 Ways the Cloud Benefits the Supply Chain

Businesses are migrating their supply chain processes to the cloud at an increasingly higher rate. Spending on cloud infrastructure experienced 24.7% year-over-year growth in the third quarter of 2022, skyrocketing to $23.9 billion. The sharp increase in investment in the cloud corresponds to a slump in data center spending, indicating that many companies are moving…

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3 Supply Chain KPIs to Prioritize When Preparing for a Recession

Lean economic times result in less consumer spending and smaller profit margins for your business. Many companies are unprepared when a recession strikes, turning to risky supply chain practices that can harm them. By proactively implementing the right strategies, you can minimize a recession’s effect on your company and make an easier recovery. One of…

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What Is Just-in-Time Inventory Management?

Strong inventory management practices are essential for a high-functioning supply chain. Supply chain managers must find new strategies to meet rapidly changing consumer demands and economic pressures.  For instance, a current challenge facing United States supply chains is inflation. In November 2022, prices for goods in the United States had risen over 7% from November…

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Supply Chain Blind Spots You Might Be Missing

Every player in the supply chain game is experiencing new levels of connectivity. Brands are more global and further-reaching than ever before. We’re seeing more suppliers connected to more downstream partners in a way that we couldn’t have imagined even a decade ago. Third-Party Logistics Providers (3PLs) are taking on a larger role in warehousing…

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Why Supplier Collaboration is Essential to Business Growth

Waves of supply chain issues have driven home the importance of supplier collaboration. A healthy network is vital to achieving real-time visibility into your business transactions. We’ve seen the drastic effects of supply chain disruption, like delays and stock shortages from single-supplier reliance and challenges for inventory tracking and forecasting due to unpredictable demand. The…

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Walmart+ Presents Opportunity for Brands Seeking New Growth

Walmart has been signaling their intent to launch a competitive offering to Amazon’s prime service; however the shock associated with the COVID-19 pandemic caused the retailer to delay the launch. With a better understanding of the impact from this pandemic, the case for raising the bar against rivals such as Amazon has only sharpened. Last…

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