supplychain

Introduction to Supplymint Modules

Supply chain management in basic terminology means the management of the flow of goods and services, money and information, movement and storage of raw materials, work-in-process inventory, and finished goods along with end-to-end order fulfillment from the point of origin to the point of consumption. SCM can also be understood as the network of all…

supplychain

How to Digitize Supply Chains?

In today’s retail industry, the term digitization pops up every now and then as a critical value proposition for companies to leverage growth and viability. But sadly, a lot of companies don’t even know what a digitized supply chain actually means. Why is the Digitization of Supply Chains so important? At most companies, products are…

supplychain

Supply Chain Revolution: An Impact of the Fourth Industrial Revolution

The Fourth Industrial Revolution, also known as, Industry 4.0 is the ongoing automation of the traditional manufacturing and industrial practices by using technology that is enabled with the Internet of Things and Machine-to-Machine Communication. This has led to creating a smarter supply chain with increased automation, improved communication & self-monitoring, and the production of smart…

supplychain

How to Attain Greener Supply Chains in 2021

Environmental impact has always been a crucial consideration for businesses around the world. And since COVID-19 forced businesses to shift their focus to quickly provide for essential goods, you should know that consumer demand patterns are constantly changing, bringing the attention back to sustainability. This has brought back businesses to focus on improving their impact…

supplychain

The Impact of Congestion on Supplychains

Congestion is always a bad experience. Slow speed, longer trip time, vehicular queueing, honking, and a lot of clutch and break, that’s the definition of congestion on roads. Exhausting isn’t it? With all the creepiness of congestion sliding into our lives, there’s no denying that it’s also affecting supply chain operations. When we talk about…