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Crowdsourcing has shaken up business processes this year. But how can socializing the supply chain help your organization gain competitive advantage? In the past, organizations invested heavily in technology to …

Out of stock, out of touch In today’s uncertain environment, it has become increasingly important for businesses to guarantee that when a customer wants to make a purchase, their supply …

In the face of the several apocalyptic predictions that have surfaced, supply chain issues suddenly become trivialities. According to some predictions (including the Mayan calendar and interpretations of the infamous …

Are you overwhelmed with your yearly stocktaking procedure? When it comes to stocktaking, it is important that the process is efficient, precise, and above all, cost-effective. Inventory sampling makes this …

Given the host of environmental factors businesses contend with today, it comes as no surprise that managing demand is such a problem for many organizations. Businesses have to compete in …

Cloud Technology has struck the UK like a storm. But will fears of the unknown rain on the parade? Cloud has been a topic of conversation within business circles for …

The importance of an agile supply chain With the success of the recent Olympic Games captivating millions across the world, UK firms were faced with a mix of new challenges. …

The product life cycle theory, established 45 years ago, asserts that all products have a limited life and pass through distinct stages, each posing different challenges, opportunities, and problems to …

The economic crisis of recent years has forced businesses in the automotive industry to follow a lean philosophy in order to survive. The adoption of lean principles such as just …

‘Natural disaster’ is defined as being “a major adverse event resulting from natural processes of, or effecting, the Earth” (Wikipedia). One thing is clear – natural disasters are nearly impossible …