As the global population continues to grow and demand for products and services increases, the availability and sustainability of raw materials has become a major concern. Raw materials, also known as natural resources, are essential for the production of goods and services and play a crucial role in our economy. However, the increasing demand for [...]
As the ongoing trade war between China and the United States continues to escalate, it has had a significant impact on global supply chains. This has caused disruptions and uncertainty for businesses, and has the potential to affect the global economy as a whole. One of the main reasons for the trade war is the [...]
A supplier portal is an online platform that allows businesses to manage their relationships with their suppliers. It provides a central location for businesses to access important information about their suppliers, such as contact details, payment terms, and product information. One of the main benefits of a supplier portal is the ability to streamline the [...]
As manufacturing and wholesale companies face supply chain disruption, inflation & net zero deadlines, collaboration with suppliers is more vital than ever to profitability Here are 7 key ways supplier collaboration can deliver more insight, sustainability and profitability to the supply chain. 1. Supply chain collaboration: Be dynamic Research from McKinsey suggests that a single [...]
Supply Chain Live Below the latest supply chain issues and a collection of the supply chain news from around the world. A potential economic recession and the supply chain bullwhip are colliding Supply chains are experiencing a massive bullwhip from the COVID economy and have built up massive inventory levels. A slowdown in consumer spending [...]
Announcement for all current Tradecloud Customers Date: 1/1/2022 Tradecloud subscription prices in existing contracts are indexed per 01/01/22 with the current inflation rates per first renewal date. As stated in the terms and conditions we follow the Customer Price Index as published by Centraal Bureau voor de Statistiek (CBS CPI). The indexation rate on your [...]
The Business Problem In this business case, AI workflow automation will be exemplified using the example of a TradeCloud client. The client is a manufacturer of machines for the sorting of eggs and is based in the Netherlands. The company has more than 200 suppliers for its components, which means putting a lot [...]
The Business Problem The manufacturing process of memory chips involves around 1,500 steps that need to be performed in sterile conditions to avoid specks of dust from damaging the wafers. However, damages occur nonetheless. The quality issues that arise, scratches, holes etc., are often microscopic and near-invisible to the human eye! The manufacturing [...]
The Business Problem In the world of logistics, empty fleet management cannot be overlooked. For container shipping, the Boston Consulting Group estimates that up to 8% of a shipping line's operating costs relate to the repositioning of empty containers - without the associated costs of empty container storage and maintenance (BCG, 2015). The [...]
The Business Problem A major challenge for manufacturing companies is to know what, when, where and how much stock should be ordered and kept. SME’s traditionally calculate this manually using Excel, Google Sheets or other software solutions. These solutions can be automated to an extent and are fairly adequate in most cases. However, [...]