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…
Transportation is a massive segment of the global economy, as much as 12% of cash flows, and there are so many parties involved: shippers, carriers, customs and the companies that provide fuel for trucks, planes, trains, etc. There are so many transactions associated with any shipment. Now think about having to wait 60 to 90 days for payment across each…
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…
