The Rise of the Hydrogen Economy: An Opportunity for the Oil & Gas Companies
How oil and gas companies can play a significant role in the energy transition by embracing hydrogen.
March 04, 2024 | Supply Chain Strategy
The recent LoanDepot and 23andme cyberattacks have again put in the spotlight the interconnectedness and fragility of modern businesses and their supply chains.
As supply chains rely on networks of manufacturers, logistics providers, and vendors, they face intensifying cybersecurity threats.
March 04, 2024 | Supply Chain Software
For modern supply chain organizations, effectively managing inventory is more crucial than ever.
Globalized networks, omnichannel operations, compressed order cycles -- these realities make optimizing inventories challenging. Businesses require strategies that balance service level targets against the risk of excess stock.
As we enter 2024, a new set of best practices is emerging around data-driven inventory optimization. Companies should reevaluate existing approaches and update inventory management playbooks.
March 01, 2024 | Operations
Many businesses struggle with limited visibility into their supply chains, creating uncertainty and inefficiencies. Unseen stockouts disrupt operations, dead stock erodes profits and inaccurate orders frustrate customers. This lack of clarity hinders optimal performance and growth.
How oil and gas companies can play a significant role in the energy transition by embracing hydrogen.
February 01, 2024 | Supply Chain Software
In today's global and hyper-connected economy, consumers expect personalized, customized products delivered to their doors overnight at the lowest possible prices. These pressures strain already complex global supply chains spanning multiple countries, suppliers, manufacturers, distributors and logistics providers.
February 01, 2024 | Risk Management
Increased attacks by Houthi rebels from Yemen on merchant vessels crossing the Red Sea are creating massive disruptions in global shipping and supply chains.
January 31, 2024 | Supply Chain Strategy
Just when you thought supply chain volatility was a thing of the past, the crucial Read Sea shipping route was disrupted because of attacks on ships by rebels from Yemen.
The lesson?
To survive, supply chains operations have to constantly adapt.
As we enter 2024, these transformative pressures are expected to push supply chain leaders to make bold changes. From new customer demands to geopolitical shifts, ripples of change are spreading across global networks.
December 28, 2023 | Supply Chain Software
Supply chain operations management encompasses the strategies, planning and execution needed for efficient and effective flow of products, services, information, and finances across a company's supply chain.
Effective supply chain management (SCM) requires close coordination between partners like suppliers, manufacturers, distributors and retailers to meet customer demand while optimizing costs and capital utilization.
December 01, 2023 | Supply Chain Software
Supply chains have become more complex than ever.
Consumer expectations have changed dramatically, with demand for greater product variety, faster fulfillment, and flexibility to shift strategies as market conditions change.
At the same time, globalized supply chains, trade uncertainty, and disruptions like COVID-19 have made supply chain operations more challenging. Legacy supply chain software is no longer adequate to manage this complexity.
December 01, 2023 | Supply Chain Strategy
Effective order management is a key priority in today’s disruption-prone business environment. How quickly and accurately a business can process and deliver customer orders can, in fact, be a key differentiator in an uncertain yet highly competitive business landscape.
Yet few businesses have truly mastered this crucial aspect of supply chain operations. This can prove costly, given the fast-changing consumer buying patterns.