Blogs

Grey-Haired Rock Star

In this blog we look at the importance of experience and wisdom in the supply chain industry. While the prospect of getting older in the workplace can be daunting, it is important to recognise the unique value that experienced professionals bring. In a rapidly changing landscape where five different generations work together, these “grey-haired rock stars” can be the company’s Swiss Army knives, adapting to different needs, acting as mentors and championing innovative solutions. With their understanding of both industry culture and technological advancements, experienced individuals play a critical role in steering supply chain management towards efficiency and success.

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Supply Chain through Storytelling

Positive Role of Supply Chain for Real World Understanding

In this blog we delve into the power of storytelling to make supply chain training engaging. Traditional training is often not well received, but if you design it differently, you can spark interest. The Beer Game, a variation of supply chain training, uses a relatable context to effectively teach concepts such as collaboration and management. For millennia, people have learned through stories, as stories foster connections and trust and allow participants to become engrossed in the learning. When you add excitement and action, what is learned sticks in the mind and can be easily recalled over time.

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Understanding Blockchain’s Potential in the Supply Chain

It’s been more than a decade since the idea of cryptocurrency sprung onto the scene around the world. Bitcoin debuted in 2009 as the first decentralized version of cryptocurrency, and 11 years later it’s highly debatable if it is the future of finance or just a different way for people to invest their money. Considering

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Understanding Internet of Things applicability in the Supply Chain

In this blog we look at the Internet of Things (IoT) and its profound impact on supply chain management. While the IoT may not attract much attention from the average person, it is a revolutionary tool for those involved in supply chains. The IoT is something of a little observer on your product’s journey, allowing businesses to monitor warehouse conditions, track delivery progress and locate goods efficiently. There are an estimated 31 billion IoT devices (expected to be 75 billion by 2025). These devices provide real-time insights that can transform the way companies manage their supply chains.

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Understanding AI’s Potential in the Supply Chain

In this blog we look at the potential of AI in the supply chain. Despite concerns about job displacement, the application of AI in this industry increases efficiency and minimises errors. Machine learning (ML), a subset of AI, quickly analyses vast data sets, identifies patterns and provides rapid insights. The value of AI is in predicting production needs, optimising supplier performance and reducing freight costs, among other things. It also helps automate warehousing and inspection. The impact of AI is far-reaching, revolutionising supply chain operations and insights through transformative tools that complement human decision-making.

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