article thumbnail

Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

Even in Malaysia, retail sales during Christmas and Chinese New Year showed an 26.5% Brand loyalty is no longer the driver for consumer purchasing decisions. Generic AI tools are helpful when searching for nuggets of insight from data lakes, but this type of AI is not designed to run core day-to-day supply chain operations.

article thumbnail

Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

Shortage management is a strategic approach that evaluates the number of items required by a specific date, guiding purchasing managers to procure items accordingly. The ability to quickly and effectively address issues and devise innovative solutions is instrumental in maintaining smooth operations.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Best Ecommerce Platforms in Malaysia in 2022

Vinculum

This has led to a shift in the purchasing pattern of the consumers from offline to online modes of shopping. These days e-commerce industry in Malaysia is flourishing significantly, and it has increased by 30% over the year with a track of RM254.6 Nowadays, Malaysia is booming its economy with online sales without any second thought.

article thumbnail

Transforming Global Supply Chains

Enterra Insights

Andrew Kinder ( @Kinder_ai ), a Senior Vice President of industry and solution strategy with Infor, insists, “COVID-19 has taught manufacturers a bitter lesson. ” Because finding solutions is difficult, there is obviously no way I can discuss all suggested remedies in one short article. ”[2].

article thumbnail

The Importance of Transparency in Supply Chains

Enterra Insights

The article cites Dr. Darren Prokop, of the University of Anchorage Alaska, who explains supply chain visibility involves seeing “a particular activity with access to information at selected nodes.” In retail, buyers want to understand where the products they are purchasing are coming from and how they were created.”

article thumbnail

In Chains: How to Approach Human Trafficking in your Supply Chain

Elementum

The process of identifying and penalizing human traffickers in a supply chain is exhaustive and at this point a comprehensive solution seems nearly impossible. In Malaysia, for example, one in three workers are victims of such forced labor. In the United States, the conscious use of forced labor is explicitly banned.

article thumbnail

Speed Bumps on the Road to Growth for China’s 3PLs

MIT Supply Chain

Most of the IT used in 3PL operations is quite basic transactional software, and there is little opportunity to integrate with supply chain partners. According to the China Federation of Logistics and Purchasing, 3PLs suffer acute skill shortages in every operational and functional area.