Supply chain flexibility is becoming increasingly important as companies look to find effective ways to manage their costs and resources with consumer demand as the key focus. Supply-chain management is a significant area of business that makes it possible for all processes in an organization to run smoothly. The problem with companies today is that…

From what we’ve grasped, the retail sector is a fiercely competitive industry that operates on a tight margin. It requires a series of operations to ensure end-to-end retail distribution like demand planning, OTB management, inventory management, sourcing, procurement, vendor collaboration, shipment tracking, and all the way up to the point of sales. Each of these…

With the pandemic in the picture, all industries brought their attention to reimagining how they could make work better along with having a positive impact on the world. The retail supply chain network disruption at the onset of the crisis was humongous, to an extent where fundamental human needs like food and other necessary household…

Big data began taking the center stage for decision-making in a lot of retail companies over the years. But especially post the pandemic, companies are increasingly investing in more AI and ML technologies and this includes a huge percentage of retailers. There’s no hiding that retailers have been using data from point of sales and…

Procurement is that significant process of the supply chain without which the supply chain will always fail to run smoothly. That’s because procurement leaders wear multiple hats and manage an array of responsibilities including identification of needs, vendor management, and payment processing. Often, the procurement process comprises of finding and agreeing to terms and acquiring…

Gone are the days when you had to hire teams to chase vendors for confirmation of orders, advance shipping notice, invoices, and delivery of orders. From placing orders to tracking it and all the way through the supply chain, today, all the information is in your hands. You’re probably wondering how because you don’t exactly…

Retail is a tough business with ever-growing competition. It is an endless process of selling consumer goods or services to customers via multiple channels of distribution to earn profits. The reason why we say this business is tough is that retailers have the burden to consistently satisfy the demand identified through their supply chains. The…

The Suez Canal Block began on 23rd March and ended with a high tide helping the tugboats in wrenching the bow of the skyscraper-sized ‘Ever Given’ from the sandy bank of the crucial waterway on 29th March. Brief about Ever Given The official name of the ship is ‘Ever Given’ and it is operated by…

What is an ideal customer experience? Thinking practically, an ideal experience for a customer would be that when they want to order a product, whether a week or two days before an event where they plan to wear it, they receive the order with the right customizations, at the required time. It is basically the…

It’s true that governments around the world carried a broad range of strict social controls to slow the spread of the covid-19 pandemic. But, just as these measures helped to save lives, they also led to drastic declines in the global economic output and constrained the international trade volumes. Now, for a fact, we know…