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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 […]

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 […]

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 […]

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 […]

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 […]

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 […]