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Digital Megatrends – Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

Digital megatrends – Shaping Supply Chain Innovation. Confronted by supply chain disruptions, companies were mired in deep uncertainty in 2021. According to a McKinsey report, supply chain disruptions cost the average organisation 45 per cent of a year’s profit over a decade.

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Supply Chain Disruptions Are New Opportunities – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

As a result, Global Supply Chains have experienced severe “Supply side Shocks” with massive disruptions impinging on all sectors. It even took authorities some time to recognise the vital importance of warehouse logistics, supply chain continuity, truck drivers and other transport operators. Crisis Recovery.

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How Southeast Asian manufacturers can use ERP to realign the supply chain

SYSPRO Smarter ERP

For global businesses, supply chain resilience is the name of the game. As a result, supply chain leaders have been exploring alternative, more predictable options. The key will be to leverage available opportunities and address gaps to ensure the SEA supply chain can compete on a global level.

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CFO challenges in 2024: from economic headwinds to global elections

Taulia

In 2024, such solutions will continue to play a valuable role in helping companies improve relationships with key suppliers, unlock cash and secure access to the raw materials and goods they need to operate. In Singapore, meanwhile, 35% of respondents were looking to change suppliers but remain in the same region.

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Current State of International Transportation Industry – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

Doing so significantly reduces physical paperwork, as well as the number of manual touchpoints in any supply chain resulting. The process is achieved through carefully crafted services and tools on TRAMES, to enable seamless connectivity and secure exchange of information across a streamlined and unified workflow.

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How COVID-19 is Battering Australia’s Imports and Exports

Logistics Bureau

These figures indicate the extent of Australia’s exposure to the severe supply chain disruption being experienced in China, following the outbreak of the Coronavirus epidemic in December. As with exports, the Chinese lockdowns and quarantines have disrupted Australia’s inbound supply chains and played havoc with imports.

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The Indo-Pacific Economic Framework (IPEF): What Is It and Why Does It Matter?

Resilinc

This framework aims to prevent detrimental supply chain shortages (such as the chip shortage the automotive industry faced during the pandemic) and improve response time when supply chain disruptions occur across the partnered countries.