As described in our previous blog posts, the potential of AI is enormous. To fully harness the potential of AI, it is crucial that the right algorithm is applied to the right use case, based on the right data. For this reason, we started our AI journey by looking at the most limiting factor; [...]
Key Expected Supply Chain Issues for Supply Chain Managers in Europe Ongoing semiconductor shortage: The global semiconductor shortage is expected to persist, although gradual improvements in production capacity may occur. This can lead to delays in the delivery of electronics, automotive components, and other products that rely on chips, impacting supplier performance and financial [...]
ESG in Supply Chain Management: The Future of Corporate Responsibility The importance of Environmental, Social and Governance (ESG) in supply chain management has become increasingly evident in recent years, as consumers and investors demand greater transparency and accountability from companies. ESG considerations are critical in supply chain management, as they impact everything from the [...]
As a supply chain manager, there are many important tasks and responsibilities that you need to handle on a daily basis. However, given recent supply chain events, it is important to prioritize certain tasks and activities in order to ensure that your operations run smoothly and efficiently. Here are seven top priorities for next week: [...]
As a business owner or supply chain professional, you know that a well-functioning supply chain is essential for the success of your company. From sourcing raw materials and components to delivering finished products to customers, the supply chain is a critical part of your operations. However, improving your supply chain can be a challenging task, [...]
AI & Machine Learning Since the release of ChatGPT in Nov 2022, we jumped out from our “AI Winter”. This AI hype is bringing us dozens of new tools that make it easier to generate content and automate “dumb” work. At the same time, legislators scramble to regulate AI to keep its consumers [...]
92% of companies saw supply chain disruption in the wake of Corona. Some issues were inevitable; some not. However the damage would be a lot less if company supply chain management was better equipped for the 21 st century. It’s shocking almost 30% of organisations still rely on email, excel sheet, fax machines and paper [...]
16/3 Coronacrisis affects global supply chains in multiple dimensions Since the unfolding of the Coronacrisis, gradually more and more attention is being given to the consequences for the global economy. It has been interesting to witness initial reports affected the Chinese travel industry (24 January), international air travel (29 January), jet fuel in China (January 30), Chinese retail (5 February). Only later the [...]
Developing a supply chain response to the coronavirus outbreak is extremely challenging, given the scale of the crisis and the rate at which it is evolving
DLT stands for Distributed Ledger Technology. Digital information is stored in a database and shared among a network of multiple users/ nodes. These can be countries, websites and institutions. In this concept there doesn’t exist a central administrator or database, but the data is constantly updated and shared. So there are no middleman involved. This [...]
