Are you aware of the fact that 80% of the utilized global energy comes from fossil fuels? These include coal, oil, natural gas and nuclear energy. Now you may ask why? The main reason is the intricate and legacy power generation and supply system, loaded with legislation and dominated by […]
Search Results for "source chain"
What Is Supply Chain Compliance and Why Does It Matter for Your Business?
Digitalization in procurement has shifted the paradigm from regulatory compliance only to encompass social responsibility and accountability. In other words, where you once were required to fulfill legal obligations set by authorities, you now have to respond to stakeholders, investors, partners, consumers, journalists. Your business goals are as much about […]
5 Supply Chain Challenges (and How to Overcome Them)
Running a supply chain is no cakewalk. There are so many moving pieces and things that require attention. These are five big supply chain challenges and some ideas for how to overcome them. Having a Global Presence For many organizations, the supply chain isn’t a local endeavor; it’s worldwide. But […]
How to choose a promising blockchain platform for your next project?
Presently the vast majority of you have finally realized that blockchain isn’t only a buzz, how about we get significantly more comfortable with the actual enterprise platforms being developed to unleash the true potential of this ledger technology in different sectors. Gartner analysts David Furlonger and Ray Valdes have claimed […]
Blockchain, the Backbone of the Future Economy?
The miracles of blockchain have been the main topic of news, articles, and boardrooms all over the world. Money is a major thing in the world but where there is money there is also one of the seven deadly sins, avarice. Avarice has been a very serious issue in the […]
How Blockchain Will Transform the Healthcare Industry
There are no problems; just the lack of solutions! While the world today embraces technology to the core, the very immediate future cannot be imagined without Blockchain technology. eCommerce and Transportation sector have taken a proactive approach and are lined up to taste the early slice of blockchain technology by […]
5 Ways to Streamline Supply Chain Operations and Reduce Costs
1How much loss do you think a business firm takes during stock-outs of certain products? With the inception of e-Commerce, customers expect their desired products instantly. Potential customers trust reputed companies that make products ‘available’ in their stores. Evidently, a seamless inventory management system forms the bottom-line of e-Commerce businesses. […]
2017’s Top 8 Blockchain API Providers That Help Developers to Develop Feature-rich Apps
Generally, APIs are known for easing and speeding-up the innovation across industries as they enable businesses to not begin from scratch and focus on enhancing the service rather than developing the backend that powers it. Mostly, various FinTech companies are either make use of APIs or moving towards implementation. When […]
Cost Management and The Supply Chain
The current global economy is characterized by the doctrine of survival of the fittest and marked by the changing face of the business environment. Currently, each company strives to remain relevant amidst such a competitive environment. One of the assured ways for this to be achieved is for quality products […]
Different Sources of Funding for Your Business
Cash is the lifeblood of any business and to survive, your business will need cash at all times. However, sometimes getting funding for your business becomes challenging; especially during the early stages of growth for your business. As you grow, you need more raw materials among other inputs in order […]
How to Build Efficiency into your Supply Chain
Regardless of how much you choose to invest in your business, it is amazing how even seemingly small details derail the best-laid plans. This is why every business owner, regardless of the precise sector in which they operate, should pay attention to detail and ensure that their core commercial strategy […]
Production Planning and Avoiding a Supply Chain Disaster
Operating a successful business goes far beyond coming up with a winning idea for a new product or service. Particularly where products are concerned, proper production planning is a must so that company’s make the best use of their limited resources. No business has unlimited capital and careful planning that […]