For the last few months, economists have predicted a global economic downturn. Taking numerous factors into consideration, it is safe to say that businesses in the commercial sector would be smart to brace themselves for the possibility of a recession, even if one has not materialized yet. A recession may cause price increases and it’s […]

In 1943, a Swedish kid started selling matches, seeds, stationery and other accessories from his bike. He was only a teenager when he launched his company’s first retail location. Facing competitive pressure, he narrowed down his product catalog to RTA furnishings. As time went on, his furniture shops started to spring up all over the […]

A good buddy of mine is a major fan of the Microsoft Flight Simulator. From the comfort of his own home, he may enjoy the excitement of piloting a variety of powerful aircraft across a wide range of terrain and climate conditions. In the Metaverse, an integrated network of 3D virtual worlds he flies about […]

Supply Chain Resilience

In today’s changing environment, building supply chain resiliency is more crucial than ever. Wise technology selection and implementation choices will support the capacity to withstand interruptions, continue business as usual operations, and expand. The smooth operations of a firm, its agility, and its profitability all depend on effective supply chain management. Supply chain management requires […]

Real-time supply chain execution is a goal for the most advanced participants in the supply chain. 60% of chief supply chain officers, according to a Gartner report, expect to make faster, more informed, and more accurate choices in real-time. Real-time decision-making, on the other hand, requires a thorough understanding of the supply chain’s current state […]

eCommerce Platform

Commerce was thriving until COVID-19 forced some companies to close their doors. Now in a post-pandemic world where curbside pick-ups are common and instant delivery is expected, eCommerce is an extraordinarily effective tool for expanding your company, and ensuring survival. In fact, in 2022, eCommerce revenues will reach $5 trillion for the first time. Choosing […]

how to protect supply chain

After a dramatic start of the year with rising inflation and high commodity prices, the global economy is now in the middle of a protracted Russia-Ukraine conflict. As a result of business interruptions, security concerns for their infrastructure, and theft or loss of critical data, supply chain suppliers face immense risks and pressure. Ransomware and […]

Since the pandemic, more than 25% of brick and mortar stores launched an eCommerce store. Experts now predict that by 2040, 95% of online purchases will be done via eCommerce. Source: WordStream The bottom line? Whether you have an online store or not, eCommerce is here to stay. If you don’t adapt to the eCommerce […]

supply-chain-changes

The supply chain industry is going through a revolution right now, from AI-bots to autonomous delivery systems. For sustainable business growth, enterprises must understand the latest technologies and how to adopt them faster than the competition. Supply chain firms must continue to use technology as a strategic necessity. 61% of respondents in a recent Gartner […]