The first thing you probably think about when you hear the word ‘bakery’ is your favorite bakery store where you get to buy your favorite delicious treats, be it a cake or your favorite cookies, etc. But, as much as this thought seems like the perfect dream, there is a lot that goes into making…

There is no industry that was not shaken by the pandemic. From education to healthcare, the vulnerabilities and risks of all industries were exposed, with examples like temporary trade restrictions and shortages of pharmaceuticals, critical medical supplies, and other products. The weaknesses of production strategies and supply chains of nearly all industries were highlighted. When…

We’re all a part of the trends followed in the fashion industry. But do we know what goes behind the scenes of us finding our most-desired clothes, accessories, etc? It’s all a big show, from sourcing to manufacturing, production, marketing, operations, distribution, finance, and customer service. It sounds simple but it definitely isn’t. Not unless…

Zara is a Spanish apparel retailer, most popularly known for specializing in fast fashion globally. The company produces nearly 20 collections in a year, which includes around 450 million items like clothes, accessories, shoes, swimwear, beauty products, and perfumes. Founded by Amancio Ortega and Rosalia Mera in 1975, the brand was launched as an attempt…

It’s no secret that supply chain management has paved an effective way for timely deliveries, improved financial performances, greater customer satisfaction, building trust among suppliers, etc, all of which improve an organization’s performance in the long run. But as much as a supply chain helps in achieving a positive result for our business, it is…

As much as we’re aware that cost reduction in supply chain management is one of the prime ways to control an organization’s corporate expenditure, not many companies know the ways to unfold its benefits. Cost reduction strategies in supply chain management include focusing on finding efficient and affordable ways to procure, store, and transport products…

Outsourcing is a common business practice in which a company hires a party outside the company to perform services and create goods that were traditionally performed in-house. It is an effective cost-cutting measure because labor costs are rising and the use of robots for automation is increasing. Talking about outsourcing in supply chain management, it…

Mass inoculation against COVID-19 has begun in several parts of the world. With the rise in demand for large-scale and urgent COVID-19 vaccine distribution, supply chain leaders must take this opportunity to urgently fill in the distribution barrier. So, how do you analyze the best way to drive critical protocols and find the best practices…

Partnerships in supply chains majorly help in overcoming the bullwhip effect which is a distribution channel phenomenon in which demand forecasts yield supply chain inefficiencies like excess inventories, slow response, and lost profits. And the reason for the occurrence of the bullwhip effect is the low competitive supply chains. Failing to collaborate in a supply…

First things first, let’s understand what is blockchain. It is a system of recording information in such a way that makes changing, hacking or cheating the system difficult or impossible. It is basically a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain. In this…