As is the case, the retail industry is a sector of our economy that comprises individuals and companies that are engaged in the selling of finished products to end consumers. And while the concept of retailing is clear in our heads, its evolution is something that most people hardly talk about. That’s right. The retail…

Supply chain management can be complex, time-consuming, and sometimes even frustratingly non-transparent. This becomes a posing challenge for all organizations, be it small businesses and startups or globe-spanning conglomerates, especially when it comes to achieving an optimal ROI. The unfortunate truth is that without an end-to-end supply chain visibility, there are always going to be…

One of India’s original retail pioneers, Style Bazaar focuses on uniting lovers of style and fashion with its diverse offerings throughout their stores in India. That being said, one can’t help but wonder how a company like that manages to keep up with the constantly changing trends throughout all its stores in the country. Well,…

COVID-19 has swept the world with itself and during its lash out, the global supply chains faced unprecedented interruptions. But, by prioritizing resilient procurement processes, organizations found a way to keep their businesses running by rapidly moving towards digitization which relies on data-driven environments. Things began to change significantly. Where cost control was previously the…

Following the pitfall of the pandemic, a series of factors like unknown demand, insufficient inventory planning and others took the center stage in determining the functioning of businesses. This certainly took a toll at their supply chains. Gradually, almost every day we started hearing some news regarding the impacts of a global shortage in supplies….

The Indian retail industry has emerged as one of the most dynamic and fast-paced industries in the country, accounting for over 10% of the country’s GDP and around 8% of employment. That being said, you’d be surprised to know that this industry is also one of the fastest in adopting digital technologies. So, like any…

Artificial Intelligence, unlike natural intelligence displayed by humans and animals, is intelligence demonstrated by machines. And while its powers are starting to entice businesses across all sectors, the supply chain has the most to benefit from adopting this emerging technology of AI. As the global supply chains’ complexities are increasing, the margin for error is…

In a move to counter the dominance of the supply chain in the Indo-Pacific region, trade ministers of India, Japan, and Australia on Tuesday (27th April 2021) formally launched a Supply Chain Resilience Initiative (SCRI). India’s Commerce and Industry Minister Piyush Goyal, along with Australia’s Minister for Trade, Tourism and Investment Dan Tehan and Japan’s…

Supply Chain is a broad terminology that accumulates a network of individuals, organizations, resources, activities, and technology to create and sell products. It encompasses everything from the delivery of source materials from suppliers to manufacturers, up till its eventual delivery to the end-user. For several years, all these processes of the supply chain have been…

With curfews and semi-lockdowns in several parts of the country, the Food Regulator FSSAI on 20th April 2021 wrote to the states to ensure that there won’t be any disruptions in the food supply chain of the country during this time. In the letter, the Food Safety and Standards Authority of India reiterated and clarified…