Daily Insights, Trends and Solutions for Professionals, Experts, Students and Society
The phrase “Supply Chain Management” was first coined in 1982. The idea of a “Blockchain” was conceived in 2008 although the concept of a chain of blocks began as early as 1991, and use of the word Blockchain itself has only become popular in the last few years. Blockchain has rapidly become a very widely … Continue reading “What’s the Difference Between Blockchain and Supply Chain?”
Consumers are demanding more from the companies they buy from, and Supply Chain Management is at the forefront of delivering that increased responsibility. Consumers increasingly want goods that are produced ethically, sustainably, and with a minimum of waste. With the prevalence of digital technologies like Blockchain, companies have more tools at their disposal to dig … Continue reading “Supply Chain is Tackling Food Waste Like Never Before!”
Being a CEO is tough enough, let alone how difficult it is if you don’t have all of the skills and knowledge needed.. Many CEOs have a background in Finance or Sales and Marketing or Engineering, or are just entrepreneurs. But few have in-depth experience in Supply Chain, let alone understand how to leverage Supply … Continue reading “How Smart CEOs Leverage Supply Chain!”
As the world increasingly shifts towards digital communication and documentation, the ability to effortlessly highlight and annotate PDFs has become an essential skill for professionals in a variety of industries. Whether you’re a student analyzing a research paper, a legal professional reviewing a contract, or a marketer collaborating on a proposal, the ability to highlight … Continue reading “Unlocking the Power of Digital Highlighting: Instructions for Highlighting on PDFs!”
The construction industry relies on more than merely technical skills for its success. It is fiercely competitive; demanding companies employ creative and strategic marketing ploys to win over lucrative deals and deliver a strong brand impact. This brings us to the need for a top-tier construction marketing agency adept at overcoming the industry’s unique hurdles. The partner … Continue reading “Innovative Marketing Strategies for the Construction Industry in the Digital Age!”
By definition, Supply Chain is responsible for the continuity of supply and inventory of goods and services. If supply lines are disrupted, or if inventory runs out, Supply Chain is on the hook to restore supply. Supply disruptions can bring a company to a grinding halt, compromising customer deliveries, revenue and profitability. With the stakes … Continue reading “The Fear of Running Out (FORO) in Supply Chain!”
The overarching strategy for limiting exposure to, and spreading of, the Coronavirus is that of Social Distancing. We are all instructed to keep 6 feet apart from anyone, wear masks, and avoid any social gatherings and don’t touch. How does this relate to a Don’t Touch Supply Chain strategy? Even with social distancing, the global … Continue reading “A Don’t Touch Supply Chain Strategy Must Now Dominate The Future!”
In the era of digital transformation, organizations are constantly seeking innovative solutions to enhance their supply chain management (SCM) processes and create the Digital Supply Chain of the future. One such revolutionary technology is ChatGPT (Generative Pre-trained Transformer), powered by Artificial Intelligence (AI). ChatGPT, developed by OpenAI, is a sophisticated language model that can understand … Continue reading “Harnessing the Power of ChatGPT and AI in Supply Chain!”
I recently had the privilege of attending a program at MIT’s Sloan School of Management about Organizational Design for Digital Transformation. My curiosity on the topic, inspired by the daily barrage of articles, emails, white papers, and webinar invitations on digital transformation, piqued my desire to get to the bottom of what it is or … Continue reading “Modernization is not Digital Transformation!”
Stablecoins are not the typical cryptocurrency, as their regulated nature and the ability to utilize blockchain suggest opportunities for some real-life cases in the financial industry. On top of that, the broad adoption of stablecoins is coming closer to realization, as revolutionary financial platforms like Swissmoney now support swift, multi-currency payments with stablecoins and other crypto assets!
Supply Chain has historically been considered a back office function, necessary but lacking in prestige and strategic value. The Coronavirus pandemic created a dramatic and highly visible disruption in that paradigm. Suddenly Supply Chain and its importance was on the minds of political and business leaders, and the common person, everywhere around the world. When … Continue reading “Supply Chain at a Crossroads – Back to the Shadows or into the Spotlight?”
The world of supply chain management is constantly changing, helping companies to become increasingly efficient and profitable across the entire supply chain. Huge Improvements are being implemented about emerging trends in supply chain management in several respects offering opportunities for students. In other cases, businesses are trying to change in preparation for potential developments and … Continue reading “New Opportunities for Students in Supply Chain!”
Very early on in my career an associate of mine was fired because he was found to be taking kickbacks from packaging suppliers to whom he had been preferentially and inappropriately been giving business. Most recently I have received lots of emails and messages from unknown people offering to sell me masks and other personal … Continue reading “Supply Chain Scams and Fraud!”
Traditional payment methods are becoming time-consuming and expensive, making it challenging for aspiring companies to break into the finance industry. However, there is a game-changing solution: cloud-based digital wallet platform. With this software, businesses can launch faster, operate more cost-effectively, continuously innovate, and conveniently pay as they go.
If you are worried about your investment, you do not need to do so. You have to go after the tips and secure them. For securing your digital coins, you all buy the digital wallet. But have you ever thought about the safety and practices to secure your digital wallet? Some people get confused about … Continue reading “Basic Practices to Secure Your Digital Wallet!”
