A supply chain is a system handling the production and distribution of goods. This system is used to manufacture products and services from raw materials and sell them to end customers. A well-functioning supply chain strategy is the pillar of a profitable enterprise. However, this process can be extremely hectic and disorientating as it includes…
Category: supply chain
This Is Why This Year’s World Maritime Day Is Special
World Maritime Day is celebrated every year, on the last Thursday of September. It is founded by the United Nations (UN) in collaboration with the International Maritime Organisation (IMO). The purpose of it is to bring awareness to the importance of the maritime industry, as it strongly supports the global economy. It also emphasizes the…
How to Digitally Manage Business Inventory
In today’s digital-driven world, there are still many businesses that are using paper in their inventory management. Since paper equals manual, mistakes, and unnecessary expenses as well as environmental damage, it makes sense to change the paper-based operations. In this article, we explain why digital tools are a huge help for business owners and why…
How To Protect Inventory From The Suez Ship Stuck Crisis
Undoubtedly, the world’s supply chain is currently being dramatically disrupted. First, it has faced unprecedented stress due to the COVID-19 outbreak, and now – a historical crisis in the Suez Canal. In fact, one of the busiest shipping routes in the globe is blocked. Unfortunately, no one can predict how much time it will take…
5 Cyber Security Threats for Businesses You Might Not Be Aware Of
This is a guest post by Lynne Jeffery, the Head of Public Safety Solutions at NEC New Zealand. Lynne has over 20 years’ experience in the global technology sector with a specific expertise in biometrics and cyber security solutions. Cyber security continues to be a threat for businesses in 2021. Despite advancements in Cyber Security…
Supply Chain Management Trends for 2017
Finally, 2017 is here and we can’t stress enough the importance of supply chain management. If there is a problem in your supply chain and your products cannot reach their destination on time or at all, you run the risk of losing those customers forever. If this has happened to you, don’t get discouraged. Even…
The latest on supply chain software trends
Software Advice, a firm that helps buyers find the right order management system for them, recently released a large study about the latest trends in supply chain software. Some of its most important findings further prove that Megaventory is a key player in supply chain software – and ahead of the game when it comes to properly managing your processes. According to this…