The Impact of Global Events on Supply Chains
Since my last post highlighting key aspects and implications of Biden’s Supply Chain Executive Order, global supply chains have continued to face numerous disruptions.
Since my last post highlighting key aspects and implications of Biden’s Supply Chain Executive Order, global supply chains have continued to face numerous disruptions.
Achieving a business’s mission and vision depends a great deal on developing solid and long-lasting relationships with their vendors. Adopting the best practices for
Supply chain expert, Rob O’Byrne, is the founder and CEO of Logistics Bureau, a consulting firm that advises top 500 companies across 25 countries.
Selecting a supplier for your company’s products is kind of like matchmaking. You’ve got a list of qualities you’re looking for and the options
On February 24th, 2021, President Joe Biden signed an executive order centering on global supply chains and ensuring USA production is strong enough to
In the simplest form, the supply chain is the process of producing finished goods. This process starts with sourcing raw materials, the development stage,
What is Supply Chain Management Software? You may not realize it, but many of the products you use every day have been on an
Data is the new oil. However, this new oil will only generate useful energy if it is processed correctly and not collected for the
Democratization empowers employees to have access to specialized skills and knowledge across all facets of an organization. As transparency and traceability remain top trends,
There are different schools of thought when it comes to sourcing products from suppliers. Businesses are facing the dichotomy of single-sourcing vs. multi-sourcing strategies
As the world is busy contending with the long-term effects of the COVID-19 pandemic, companies have to make rapid changes and find ways to
What is Supply Chain Collaboration? Supply chain collaboration has been a hot topic for many years, with McKinsey highlighting the importance back in 2012 for retail
In 1997, world chess champion Garry Kasparov played against IBM’s Deep Blue Supercomputer and lost. When speaking about his experience, he proposed a radical
The highest ROI set of benefits from adopting supply chain platforms and ensuing digitization is creating digital global sourcing networks – in other words,
Supply chain technologies have become necessary for business leaders to make difficult decisions faster in today’s complex and volatile environment. The methodology required to
Senior executives generally do not feel the pain of manual, cumbersome operations at the same level as other employees because their teams put the
Nike is a behemoth of a company, a marketing juggernaut, and one of the world’s strongest brands. Much attention is given to the company’s
The world is still in a reflective state of what an ever-changing post-pandemic world looks like, particularly for supply chains. While steps are being
We would be hard-pressed to research the past and find a robust option pool of supply chain systems or supply chain management (SCM) solutions.
In this modern era of liberalization and globalization, platform ecosystems have received significant attention as a critical business decision making concept. Sustainable business growth
There is no better feeling than sitting with customers and listening to their problems and understanding their pain points, diving into your memory banks,
COVID-19 in America is about to reach its one year anniversary. The early days of the pandemic brought instability and several unknowns, exposing the
It is virtually impossible to discuss the impacts on the supply chain in today’s world without acknowledging the effects of COVID-19. Shortages extended into our daily
If you run a thorough and involved research project of all the PLM tools in the market towards the dual goal of defining what
Q: Why supply chain? What attracted you to this space? Key takeaway: There were three parts to the attraction: data, the market size, and how ripe
No matter the industry your company operates within, the universal definition that applies to all companies is that we are all software companies. The
The COVID-19 pandemic has exposed inefficiencies in a number of industries and practices from health and hygiene to business travel and office costs. Most
We all recognize technology and digitization are essential for our supply chains but quantifying the ROI of a potential investment is easier said than
COVID-19 has changed the supply chain landscape forever. Supply chain disciplines, also known as the core best practices, have not withstood the impact of
Inventory is the most valuable asset on the balance sheet for product-based businesses. As is the case, improving gross margins by 1% or delaying
More than ever, consumers prefer (and even demand) transparency from brands. They want to know the exact ingredients in their food, if their products
The pandemic uncovered gaps and weaknesses in supply chains that require organizations to transform themselves digitally faster than expected, starting with sustainability. Today’s consumers
It is always a pleasure to join our GRID onboarding sessions for new customers that partner with Suuchi. The process is fascinating to watch
Happy New Year 2021! I wish my readers a ton of actionable and enriching digital supply chain and technology knowledge this year. Now,
In talking to multiple leaders across numerous consumer goods, manufacturing, and fashion companies, the supply chain leaders that are most impressive and most fun
Buy, build, or subscribe? This is a major decision that companies struggle with when investing in a platform to manage their supply chain. This
Due to the digitization of supply chains, the growth in IoT, and advances in software functionality, companies have access to a wealth of data.
Two constant nightmares and banes of existence for almost all supply chain managers and executives are the lack of visibility with their supplier and
We’ve come a long way in the past 125 years of supply chain evolution. From the invention of hand trucks and steel shipping containers
I have found myself questioning why so many companies are slow or reluctant to embrace the new wave of thinking when digitizing the supply
COVID-driven supply chain bottlenecks have led businesses to realize how essential it is to have a diverse vendor and supplier network. On March 12,
Ever played the game telephone? The purpose is to keep a message intact from the original whisperer to the last. But communication is often
When it comes to supply chains, most of the attention is focused on improvements in the outbound flow and financials – specifically warehouse and
Given the complexity of enterprise supply chains and the multitude of contractors, vendors, and logistics partners used throughout the process, there can be significant
I grew up in FinTech. At the beginning of my career, I witnessed how advanced an industry approached data and technology. One major issue in
In speaking with hundreds of supply chain companies over the years, I (and we at Suuchi) know to recognize patterns across these companies – not
With so much of the modern world dependent on internet-based processes (from file storage to entertainment to food delivery), it’s hard to believe the
Costing has long been a painful exchange between vendors and retailers. There has been limited transparency in the process, and most interactions are analog.
COVID-19 upended supply chains globally. Executives were left scrambling, and revenues and profits plummeted. Companies had to ask themselves: how could we have better
In 1998, NASA sent the Mars Climate Orbiter into space to study the planet at a height of 226 km with a minimum altitude
If you are in the business of manufacturing and/or distributing physical products, your company has invested in systems for digital commerce, CRM, and HR.
When a pipe in your house is leaking, you get it fixed. Not just because it creates a giant mess, but because broken fixtures
While conversing with supply chain and operations professionals from various industries, common topics regularly arise relating to the challenges involved with analytics that inform
The Fast-Growing Online Retailer Will Use the Suuchi GRID to Increase Speed to Market and Optimize Processes Carlstadt, NJ – American Tall, an online
It used to be that when a company wanted to optimize its supply chain, it looked to transportation, warehousing, inventory planning, or logistics. Today,
Nobody said supply chain management would be easy. Something as complicated as a typical supply chain in a large organization has immense potential to
With every new year comes the desire to set and achieve goals, and with 2020 throwing so many curveballs to businesses of all sizes,
Q: Tell us a little bit about yourself and what got you into supply chain. Key Takeaway: I’m a software engineer with an MBA
The quest to improve supply chain costs is the kind of goal that should be at the top of any company’s list, and the
After talking with over 30 supply chain executives over the last month, a concept that has come up more and more frequently is “lean
Sponsored by Suuchi Inc, this discussion looks in to the impact of Covid-19 on the digitalization of the textile & apparel value chain and
A true omnichannel experience for businesses is critical to maintain and grow their customer base and market share. Customers want to personalize their experience
Being a supply chain manager in today’s world can be something of a mixed blessing. On the one hand, there is a wealth of
Video conferencing tools such as Zoom and Google Hangouts were fairly popular before the COVID-19 pandemic. They were helpful tools to connect with outside
The drive towards sustainability has been picking up speed for decades now. What was once mostly a PR move has become something of a
Arguably one of the most popular topics for companies today is supply chain digitization. It has become such a common phrase, especially as we
Over the last century or so, technology has developed a habit of moving far faster than society can adapt for proper implementation. The world
Before I can even begin to talk about the need for an increase in focus on Customer Success management, one must first understand: what
Effective supply chain management requires you to be aware of every link in your supply chain, how they interact with one another, and any
Making waves in the software market, Artificial Intelligence (AI) has been creating an impact on Enterprise Resource Planning (ERP) systems for a while now.
The global COVID-19 pandemic has become the touchstone for a remarkable year that has spelled disaster for many businesses, big and small. It has
In the past, manufacturers did not sell directly to customers, but the good news is that the clothing manufacturing industry is changing. Competition has
Even though quite a few fashion brands have made high-profile commitment statements about their present and future efforts to tackle climate pollution, the fashion
I focus my day to day on empowering organizations to digitize their supply chains. Digitization can be an overwhelming task when you look at
As companies become more aware of the importance of a transparent, well-organized supply chain, supply chain mapping is an increasingly attractive prospect. Particularly in
When it comes to delivering value to your customers and your business in the face of disruption like the current pandemic, technological innovations like
A must-have for various companies, Product Lifecycle Management, also known as PLM, has been around for about two decades. Described as a backbone technology,
There are very few things in life and in business that don’t benefit from more cohesion. In business, in particular, having everyone on the same page
2020 has seen the expedited harmonization of the physical supply chain with digital identities. There was a lot said and written about the importance
With a need to meet the demands of current generations without compromising future generations’ ability, some fashion businesses have realized that they can no
Investing in supply chain analytics makes business sense. Why? Because supply chains produce large amounts of data that could enable fashion businesses to generate
How many times a day does your team encounter issues with accessing crucial data and partner updates? Things like shipping logs, factory updates, and
It is no secret that fashion brands notoriously hide their supply chain from customers. Why? Because they fear that knowledge of their supply chain
Did you know that Statista estimated that return deliveries would most likely cost $550 billion in 2020? 75.2% more than four years prior. Well, there is a solution
Any company with a sufficiently complex supply chain will understand the benefits of streamlining your operation. Imagine having a large boat with a small
Talk about a dream Try to make it real You wake up in the night With a fear so real You spend your life
Suuchi Ramesh, CEO & Founder of Suuchi Inc., & Karsten Newbury, Chief Digital & Strategy Officer of Gerber Technology, discuss the current and future
Defined by Gartner as the ability to deliver an integrated suite of business applications, Enterprise Resource Planning (ERP) is a tool that is used
Fast fashion has given birth to a “throw-away” culture and a toxic system of overproduction and consumption. Driven by the need for fashion products
Murphy’s Law is an adage that states, “Anything that can go wrong, will go wrong.” I came across this quote when I was a
You cannot deny that COVID-19 has been a crisis that has influenced change in the fashion industry. It has encouraged brands to pivot and
As we’ve previously mentioned, we are living through uncertain times, but businesses need to find new ways to come out of this pandemic stronger.
In this increasingly volatile world, now is the time for the fashion industry to get smarter. Instead of fixing the supply chain, fashion businesses
According to a recent Gartner survey, only 21% of companies report that they have a resilient supply chain, and about half predict to have resiliency
For an employer or manager, worker health and safety are among the most important responsibilities you will have. Poor health and safety pose a
I am lucky to have 20+ years of experience in global apparel sourcing, production, operations, and business acumen to share with the Suuchi team.
Product Lifecycle Management, also known as PLM is not just software; it is a business strategy. It is also not merely a technology; it
As mentioned in our previous blog, we’re all experiencing a challenge that many weren’t prepared for. We’re continually seeing different companies having to furlough
In this digital age, Supply Chain as a Service (SCaaS) is emerging as a progressive option that could aid fashion businesses in capturing and
Many businesses make the mistake of confusing innovation with invention. While, in some cases, the two words can be synonymous, more often than not,
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