Since the inception of the pandemic, supply chain disruptions have been a major challenge for the global economy. Whether it was the shutdown of factories in China, lockdowns in most countries across the world, shortage of labor, robust demand for tradable goods, disruptions in the logistics networks or capacity constraints, every issue in the supply…

Due to the ongoing supply chain crisis, which is a symptom of COVID-19 related slowdowns and a surge in online shopping consumers, a lot of restaurant chains have scaled back operation hours and also faced supply shortages for products like Chipotle. Chipotle has a certain reputation among weightlifters as an idle ‘post-workout meal’. In fact,…

Since a very long time, we’ve shared how the crisis in container ships could jeopardise festive sales by leaving retailers without enough goods on their shelves. But aside from that, shortages of lorry drivers and unavailable products are also a few reasons for the setback in the supply chain industry. As we approach November, the…

Supply Chain Management is a process that efficiently manages the flow of goods and services between businesses and locations to ensure end to end order fulfillment from point of origin to point of consumption. As any successful business owner can tell you, SCM is extremely crucial to run operations smoothly. It establishes a certain level…

With logistic headaches like transfer vehicle shortages weighing on backed-up supply chains and rebounding trade driving up volume, the entire world is facing “prolonged” disruptions to shipping cargo flows as stated by an executive at the leading ports operator ICTSI. In its regional outlook report, the IMF also cut this year’s economic growth forecast for…

The concept of having machine learning in supply chain was introduced as a way to aid the automation of a variety of routine supply chain operations, allowing businesses to focus on more strategic and significant business activities. As gathered from a report by Gartner, ML techniques have been known to enable efficient processes resulting in…

This is certainly not the first time we’re hearing about a supply chain crisis due to delayed ship transports. In fact, it’s becoming quite common these days. But what is the reason behind it? Is it the shutdown of ports due to new Covid-19 cases? Is it due to a shortage of labour? Or is…

The supply chain is not a fixed system. It’s ecosystem constantly evolves and that is why a good supply chain company is the one that innovates often and pivots. Especially now, when supply chain management technology is a major factor in measuring growth, supply chains these days are dynamic. There’s always something or the other…

Struggling with supply chain issues, Nestle, the world’s largest food and beverage company said that it is working hard to make its products hit the shelves this Christmas. Their struggle was attributed to a labour crunch and also a chronic shortage of heavy goods vehicle drivers. That said, factors including global bottlenecks with shipping have…

On 7th October 2021, during the inaugural session of the Indo-Asean Business Summit, the Minister of External Affairs of India, S Jaishankar said that India and the Association of Southeast Asian Nations (Asean) should focus on cooperation to ensure resilient supply chains and sustainable recovery to address vulnerabilities exposed by the Covid-19 crisis. He said…