Management

Management (242)

CrowdFarming is Changing the Way Europeans Purchase Produce

The world has begun to open-up as more people become vaccinated. Employees will return to the office, children to school, and vacations will resume. But that’s not to say the world we know it will return to “normal.” Instead, we will be faced with a “new normal.” This will affect how we spend our money and what we spend it on. Spanish brothers Gabriel and Gonzalo Úrculo are banking on it.

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Are These Challenges Facing You This Year?

2020 might have come to an end, but the challenges we encountered, most of which were occasioned by the coronavirus pandemic, are still here with us. Although there seems to be some glimmer of hope as the vaccine continues being manufactured, there is an evident increase in political divisions, increasing economic inequality, and challenges in education as well as other sectors. Although these challenges have adversely impacted everyone, not all have faced the same issues. Here are the top challenges facing you this year in the supply chain:

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These 4 Things Will Change Your 2021 Retail Year

The world is where it has never been before. Technology is advancing at an unprecedented rate, and the retail industry, just like any other industry, has become increasingly digital and online-based. With this new development, brick and mortar stores are facing their biggest challenge never witnessed before. For this reason, the traditional stores are shifting their activities online to meet the new demands. With the coronavirus pandemic now turning all sectors inside out, the changes are expected to be more than it has ever been experienced. The online retail industry is expected to increase than ever before as consumers choose to order products from the comfort of their homes safely. As the retail sector changes, so should your thinking regarding the same. Here are some things that will change your 2021 retail year:

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Strategic Paths to Supply Chain Growth

It is no longer a secret that supply chains have evolved into a more complex industry that ever. This can be seen in the changes that have occurred in the socio-economic and market dynamics, all of which are aimed at enabling organizations to respond to changing customer needs and outside-in demand-driven environment. Companies must now consider a host of new variables, such as the increasing protectionism and geopolitics. These factors are forcing most of the global supply chain players to re-examine the business continuity plans and risks and embrace new strategies in their sourcing approaches that will guarantee them growth. A strategic supply chain planning that factors in aspects of formulation of business strategy as well as the tactical aspects makes a supply chain firm more valuable. Here are some supply chain strategies that are designed to help supply chain companies grow amid the current competitive business environment.

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Managing Supply Chain Disruptions During COVID

The past number of weeks have uncovered the weak links in our modern supply chains, further showcasing their delicate nature and highlighting the true importance of supply chain management. COVID-19 has disrupted supply chains worldwide, affecting key sectors such as technology, medicine, and food, to name a few. It has caused shortages in labour, shut factory operations, and slowed shipments. With a number of borders closed for the foreseeable future, export-driven nations look towards fighting a recession later this year. 

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To Better Understand Innovation, Measure the Right Things

After four years of research into innovation success, I have come to firmly believe that most innovation research is measuring the wrong thing … or at least is overlooking a critical unit of measure: the employee. To better understand how innovation occurs and how it can be sustained, we should be looking at the habits, characteristics, patterns of behavior, tools, and journeys of employee innovators. You will find that the people behind society’s greatest innovations were not entrepreneurs, did not work in organizations particularly supportive of innovative behavior, and were not led by leaders who really asked for innovation. So, what drives their innovation?

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Here's What The US Congress Is Working On To Protect The Supply Chain

Ever since September 11, the world has not felt secure. Governments have been looking for solutions to various challenges and brainstorming on where the next attack may originate from. The supply chain is one of the most vulnerable areas that attackers may gain entry to the US infrastructure. Consequently, the US Congress has been on the forefront seeking ways of protecting the supply chain from exploitation by hackers, state and non-state actors. Due to the advancement of technology, a slight mistake can be exploited by adversaries who might take advantage of it to cripple the country’s critical systems.

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Priming Your Business

Amazon has all but cornered the e-commerce market and now it hopes to do the same with B2B. Amazon introduced Amazon Business quietly back in 2015. Since then, they have slowly ramped up their business in the B2B sect with Business Prime. Business Prime is comparable to the popular Amazon Prime in the sense that organizations will have the ability to receive free delivery and purchase a plethora of products. That is where the similarities end.

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Measuring Supply Chain Performance

performanceEvery organization that wants to organize and manage their supply chain metrics must deploy some key performance measurement systems; this is because the average metrics needed for managing and measuring the success of an organization’s supply chain system varies by industry, company, and scale of business. 

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4 Ways to Create a Place Where Everyone Wants to Work

employeesWith unemployment continuing to hover at record lows, ‘employee retention’ has become an HR buzzword. The concept behind this term is very simple. It involves figuring out what you need to do to make your company the company where everyone wants to work.

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