One of the first attempt at Connected Business Planning was tried as an attempt to connect Material Requirement Planning with Sales departments planning. Planning prior to this was mostly a departmental activity isolated at that level, resulting in multiple disconnected plans for operations within s...
Supply Chain facilitates the journey of a product from production to the end customer. Effective supply chain planning helps to predict and plan for each process involved in this from raw material procurement through to post-sales service to the customer. It can help with demand estimation, procurem...
Supply chain is an integral part of any enterprise, and it can create a major difference in how successful the enterprise can become. Globalization and Personalization have exponentially increased the number of actors and links in the supply chain, which in turn, has increased the vulnerability of t...
According to slickdeals, a US-based e-commerce company, US consumers on average spend about $5400 / Year on impulse purchases. Most of them are food, groceries, clothing, and household goods. To stay relevant and increase their market share, companies need to ensure their goods are stocked up at all...
Perhaps more than any industry, healthcare has been dramatically affected by the COVID-19 pandemic. In a matter of days or even hours, healthcare providers have had to pivot to change their approaches to managing, communicating with, and treating patients. Every Stakeholder has gone back to the draw...
The business enterprises of today are undertaking massive transformation exercises at their end, to enable business success in the marketplace. As the business of today is transitioning from a value chain model to an ecosystem model, there is a lot of interconnectedness built at each layer of value ...
The concept of cloud is not new and has been in existence for more than a couple of decades. Off late, enterprises, consumer society, and governments have begun to make use of the capability that it offers for building new-age services. Most of this adoption is attributed to the advancement in commu...
Globalization enabled the companies to source raw materials from across the world, and also expand their sales operations across the world. As a result, companies started sourcing cost-effective raw materials and finished goods across the borders, even though they have huge lead times and stock it i...
The digital transformation in the industrial manufacturing space has been gaining traction for the last couple of years. The need for such transformation has been felt the most during the recent pandemic when the industrial manufacturing set-ups had to resort to a limited workforce, hybrid structure...
The term mindset has acquired a new meaning in the last 2 years and nowhere is this change reflected than in the Middle Class. The middle class in any economy are the growth propellers, they are the aspirational conspicuous consumption class who spend money. Almost all brands whether luxury or mass ...