If there is one thing that people worldwide have learned from the COVID-19 pandemic, it is that you can never be too prepared. Moreover, it is impossible to know what the future holds, so planning and management are crucial. The same applies to businesses. As you know...
There are many industries that depend on the ability to efficiently move products and materials in a warehouse for shipping, storage, and other purposes. Any inefficiencies or interruption of the material movement can lower the productivity of a company and hurt...
What is Nearshoring? Nearshoring is the practice of outsourcing to a country that is physically close to your own and has a time zone that is expected to be within 1-3 hours of your own. In the context of western European organizations, this term is frequently used to...
2020 started in the same way as any other year. Normal operations continued, with high hopes and a few hiccups anticipated to keep everyone on their toes, as was the case in the past. Then came the arrival of the new normal, which fundamentally transformed our...
Strategic sourcing is one of the most crucial aspects of the modern-day supply chain. In layman’s terms, strategic sourcing establishes the parameters and details of “why” and “how” companies can make a continuous evaluation of their purchase activities. It is also...