Global healthcare spend is expected to increase to a whopping $8.7 trillion by 2020! This means that the healthcare industry needs to implement better supply chain management tools to keep up. However, supply chain for healthcare organizations is more complex. They involve multiple stakeholders such as insurance companies, group purchasing organizations (GPO), and health regulatory […]
Supply Chain
How to Implement Change Management in Your Supply Chain
In our last blog article, we discussed the importance of change management in the supply chain. Continuing on, we will share some ideas in this article on how to successfully implement change management. Change management in any organization should be an ongoing process. Just like the supply chain industry in general, business processes should be […]
Understanding the Importance of Change Management
In today’s fast-paced business world, being able to adapt to change is a quality any successful organization needs. Within the supply chain industry, conditions and requirements are always changing. As a result, to be successful you must be adaptable. For this reason, change management is an important concept to understand and implement in your organization. What is […]
Best Practises: Supplier Relationship Management
The idea of supplier relationship management is a concept that has evolved greatly over the past few years. Managing suppliers used to be a transaction-based process. However, we have seen a shift – for the better – that involves treating suppliers as equal business partners. Organizations are looking for suppliers that align with their core values […]
Advanced Analytics: The Driving Force Behind Supply Chain Success
Analytics What is analytics? Simply, it is the process of taking raw data and turning it into actionable info. Many systems on the market today make advanced analytics available to firms. As a result, firms can make more informed decisions quicker. Although this process is not entirely new, it is becoming all the more relevant to businesses. […]
3 Trends That Will Make Companies Rethink Their Supply Chain in 2016
In 2015, many supply chain trends came to the forefront. Logistics collaboration, omnichannel services, and the trucker shortage all became relevant topics of discussion. So the questions is, what can we expect in 2016? New supply chain trends are emerging quickly. Although there are many answers, we will be taking a look at a few trends […]
