Supply chains are a big area of vulnerability, yet many small and medium businesses seem to be underestimating the potential damage these disruptions could cause. According to the third annual Global SME Survey carried out by Zurich, 55% of American small and medium-sized enterprises (SMEs) polled do not think that losing a main supplier would … Read moreSmall Businesses Need to Take Potential Supply Chain Disruptions Seriously
Food safety is a top concern for those in the food industry, with recalls causing serious harm to a brand’s reputation and endangering the health of customers. While many food companies are able to look “one-back” at their suppliers, the problem often come from suppliers to those suppliers or a point even further back in … Read moreWhat is Preventing Whole Chain Traceability in the Food Industry?
There have been a lot of negative stories about supply chains in the news lately. Take, for example, the recent recall by Fiat Chrysler of 1.9 million vehicles around the world due to seat belt and airbag problems. Ocean carrier Hanjin Shipping’s bankruptcy left $14 billion in goods essentially stranded at sea on half a … Read moreSupply Chain Fragility Making Headlines
Digitization is everywhere these days, but some areas of business have been slower to adapt than others. Marketing and manufacturing have gotten on board with big data and analytics fairly quickly, while some supply chain managers are falling behind. Even though it’s a tremendous task, technological advancements mean that now is a great time to … Read moreThree Indispensable Tips To Prepare For Warehouse Digitization