The Medical Supply Chain of the Future: Consistencies and Changes

Supply chain disruptions have widespread ripple effects in many industries, but in healthcare they can be critical. Shortages, delays, and other unforeseen events in medical supply chains can result in patients not having the medication they need or insufficiently equipped hospitals. Such disruptions are a problem in any sector, but in medicine, it can be…

Can Procurement Departments Keep Up with AI’s Evolution?

As artificial intelligence (AI) capabilities mature, an increasing number of businesses are investing in AI initiatives and leveraging automation in their daily business operations. This once leading-edge technology is becoming more ubiquitous and is quickly becoming an imperative to long-term success. In fact, analysts project the global AI market to grow from $47.5 billion in…

How an AI-Applied Supply Chain Enables Efficiency

Today’s supply chains are laden with inefficiencies, as most companies rely on antiquated practices to oversee and manage how goods get from place to place. The supply chain is delicate — even one disruption among suppliers, buyers, and logistics providers can have a trickle-down effect that causes waste, time loss, and increased carbon emissions. With…

Navigating 6 Supply Chain ERP Challenges

Enterprise resource planning (ERP) tools help supply chain professionals overcome numerous obstacles. However, deciding to use an ERP for improvements brings challenges, too. 1. Choosing an ERP to match your order volume Maybe you’ve noticed an increase in recent orders. Getting more business seems like a good thing, and it’s generally a positive occurrence. However,…

New Solutions for Common Supply Chain Challenges

The supply chain industry, for better or for worse, has been largely defined by its recent challenges and the ability of businesses to handle those challenges. From pandemic to vendor disruptions, managing a modern supply chain comes with its fair share of obstacles. Fortunately, however, strengthening your supply chain to withstand changes and challenges is…

How Covid-19 and New Technology is Shifting Supply Chain Management

Supply chain management is facing its own pandemic of outdated processes. As many as 85 percent of workers state that they could handle their duties more efficiently with enhanced workplace tech. Fortunately, this tech is available and already transforming supply chain management in the fight against Covid-19 challenges. From enhanced tracking and logistics capable from…