International Supply Chain Disruptions are not new and not just limited to Covid19. Global Supply Chains are the most vulnerable in this disruptive situation. Every problem needs some solutions and here we present Prescriptive Strategies for International Supply Chain Disruptions. It's most useful for all sort of Supply Chain and can be implemented with the help of technology.
As Digital transformation in procurement sweeps across the globe, not limited to fortune 500 companies, most of the small and medium organizations are looking to use technology to improve the process efficiency and reduce cost across business units. Procure to Pay is nowhere an exception in the transformation.
To make wise purchasing decisions, improve the transparency and manage the maverick spend are some greater potential of Digital software. Procure to pay has a huge impact in the organization, as it develop building trust and improved communication with our key suppliers.
It’s really important to transform digitally, but at the same it’s imperative to know how and what to do while we transform, as it direct connect with organization vision and cost.
This article will outline the challenges, pitfall, and some best practices when we step ahead for Digital transformation of Procure to pay system.
Internet based ERP implementation is need of an hour but the first and foremost challenge is to define Project Definition for the same. This article also focuses on Procurement Management and Customer Relationship Management module as well.
The Doughnut economics, is a visual framework for sustainable development – shaped like a doughnut or lifebelt – combining the concept of planetary boundaries with the complementary concept of social boundaries.
Progress on climate action and sustainability could be a significant casualty of the COVID-19 coronavirus crisis, according to a new report from the World Economic Forum.
Amsterdam is embracing the so-called doughnut, an economic model that envisions “a world in which people and planet can thrive in balance”.
Covid19 outbreak portrayed China as cause of half a million of deaths which results into #Boycottchina movement in the world. India is on the same track with #atmanirbharbharat campaign. But, we need to do it on sensible way where we develop our domestic industries strategically and reduce Chinese dependency.
The future of business is circular, and everyone has to consider waste elimination, regeneration and sustainability in mind in every business operations. Using the tools of a circular economy offers all organisations a lasting advantage by combining more productive ways of doing things while engaging in more system-wide activity: ‘feeding the forest’ and not just ‘doing less harm’.
In a highly competitive global world where economies are growing and in the race of being top economies. However, all such races are based on industrialization and capitalism which is mainly fueled by fossil fuels. Such high usage of fossil fuels leads to environmental pollution and Climate change. A leadership must look into efficient utilization of resources and take environment friendly steps to avoid climate change.
Natural resources are renewable energy and available in abundance on the mother earth. After facing a lot of environmental issues, mankind has understood the importance of harnessing or using natural resources instead of fossil fuels which be finished sooner or later as well as creating a harmful impact on the environment. Looking to this phenomena SSC has started an initiative with a new series of articles on "Harnessing Natural Resources in Industrial Steel Building (PEB)" and we are pleased to present our first article on the usage of Wind Energy in designing of Industrial Steel Buildings.
In this pandemic when everyone is talking about Supply Chain, we must remember the 5th P of Marketing - Packaging. It is the most important part for any value chain and the focus on total packaging management helps to manage operations efficiently and effectively. Lets have a look.
AMUL is Asia's biggest cooperative with joint ownership of 3.6 million farmers and this article is on the feeling of being part of precious organization as AMULYA amidst COVID 19 outbreak and lockdown in India.
In this book, Hans Rosling and co-authors have explained methods of Gaining a Better & More Hopeful Perspective of Today's World which seem to be negative at first glance. To know more, check out the well articulated summary written by our co-author Mr. Sareshwar Gosavi.