As the production and distribution enterprises move further away from the end customer, the signal of demand arising in the market will be at greater risk of deviation. At some point, this deviation can be up to 3 to 5 times the original demand. And when demand is returned incorrectly, the supply chain will be negatively impacted, the cause of…
Due to the impact of the attack from Russia on Ukraine, the world crude oil price has just risen to the highest level in more than 7 years, surpassing the threshold of 105 USD/barrel in the context of concern that the energy supply will still be interrupted. Vietnam is also one of the countries heavily affected by the Russia-Ukraine crisis,…
In the past year 2021, the world has witnessed impressive numbers with more than 62,000 Mergers and Acquisitions (M&A) deals globally. Despite pandemic-related impacts ranging from supply chain shortages to the onset of inflation or market volatility, M&A activities are forecast to continue to grow strongly in the coming years. 2022, especially in the field of logistics… What is M&A?…
According to the report of the Emerging Market Logistics Index 2021, Vietnam’s logistics costs account for more than 20% of GDP. Meanwhile, the average logistics cost in the world is only about 11% of GDP. The difference is almost double, but the quality of service is not high. Traditionally, logistics in the supply chain consists of goods transportation to a…
As a company expands its operations, its supply chain naturally grows right along with it. The processes become more complex, which in turn stresses the importance of accuracy at each link in the supply chain. This is where RFID technology comes into play. This technology is especially suited for goods circulation and tracking. For a supply chain, the RFID technology…
As new headlines constantly remind us, the world’s supply chains are operating in an increasingly precarious business landscape. The high costs and uncertainty of raw materials, components, labor and transportation have led to some significant product shortages ― most visibly, semiconductor chips impacting the automotive industry, but other products as well… When products are scarce, it becomes even more critical…
At this point in 2021, it is no secret that Artificial Intelligence (AI) has deeply seeded itself into our society. From finishing our sentences through automated suggestions to drone-delivered packages from Amazon, all the way to automated groceries… AI has demonstrated its extreme innovative potential for helping to maximize efficiency in many different areas of our lives. AI’s innovations have…
Years ago, Vietnamese businesses had to struggle to find more scientific and practical Warehouse management and Operation in order to avoid inaccuracy and manage their supply chains strictly. However, most manual changes are just tests that bring slow progress. Today, many businesses are still stucking in the black hole of those problems. How do you overcome warehouse management challenges in…
Emerging and maturing supply chain technology is a major source of competitive advantage. In the future, the global supply chain will have positive changes along with the application of digital technology and developing towards sustainability. Let’s take a look at Gartner’s future supply chain technology predictions! Digital remains a strategic imperative for supply chain organizations. In the Gartner 2019 Supply…
