Blogs

Preparing your SCM Operation for the “Now Economy”

Now. From picking up your daily morning coffee at Starbucks to ordering and receiving your latest packages from Amazon, each one of us are naturally accustomed to instant automation. Today we live in what’s been coined as the “Now Economy”, consumers expect their products immediately.

Our daily volatile interactions with technology are putting immense pressure on businesses across all sectors to keep up. In Supply Chain, analysts predict that the most proactive companies that successfully adapt these practices and constantly improve their software and technology to provide the right tools to their work force, in order to increase productivity and efficiency[...]

IS YOUR BUSINESS EQUIPPED TO REOPEN TODAY?

Companies re-evaluate the need to incorporate technology such as digital systems and robots in order to improve supply chain operations.

As shelter-in-place orders continue its unpredictable and contrasting nature around the world, businesses must learn to adapt and innovate as they prepare to live in a post-pandemic global economy. Many essential businesses, such as automotive and manufacturing plants, are set to reopen as early as this week in the United States; but with the possibility of future shutdowns, limited staff and resource availability, companies must prepare to digitize their operations. According to Adobe Analytics (which tracks activity on thousands of platforms and websites), e-commerce sales surged to an eye-opening 49% jump in the U.S., between March 12th and April 11th. Therefore,[...]

How Business Intelligence is Changing Healthcare?

By understanding the impact of technology, we can better know how it is changing healthcare and the role it is playing to improve the quality of our lives.

Technology in medicine has been moving forward rapidly over the past several years. Due to more use of electronic health records (EHRs), an increase in access to BI, and the rapid spread of computer technology, many professionals are considering the impact technology is having on their industry. It can be difficult to change the ways we think about healthcare, but the impact of this development is extremely important to consider.[...]

E-Procurement, the importance of Digital Procurement Transformation

Traditional purchasing or procurement management involves the scouting of various suppliers or vendors, evaluating and negotiating terms, and acquiring the required products or services. In today’s ever-changing digital world, procurement has evolved immensely into a digital tool allowing businesses to interact with one another and reduce cost on commodity goods, parts, and services.

Procurement management has four main functions: planning, scouting and sourcing, communicating, and closing. [...]