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4 Reasons to Transition to SaaS Solutions

The B2B ecommerce market is maturing. It is now worth twice more than the B2C market in the US, and is predicted to grow at a global level in 2020. The industry is growing and maturing at a fast rate that it has undergone some significant changes. SaaS solutions are a very attractive and important force in lowering overall barriers…

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supply chain risk

Mitigating Supply Chain Risk through Collaboration

Supply chain risk management is the implementation of strategies to manage everyday and exceptional supply risks based on continuous assessment. It is essential in ensuring continuity and reducing vulnerability. Why is it important for your supply chain to be risk free? A risk free supply chain mitigates business risk and reputational issues. It also creates long term business success. In…

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Transparency-supply-chain

Transparency in the Supply Chain and Its Importance

Gaining and regaining the trust of consumers are common business goals among retailers and food suppliers. This can be achieved through supply chain transparency. If you have transparency, you also have good traceability. If you have great plans for the growth of your company, do not compromise your goals. Increase the visibility of your business by aiming for a view…

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Can You Afford to Ignore e-Invoicing?

What is an e-invoice? We define the word as a fully integrated and automated solution. It promotes significant cost savings as it does not entail manual intervention and other associated expenses. It increases efficiencies because it is not susceptible to errors. And unlike paper-based invoices, it is not time-consuming. With these clear advantages, can you really afford not considering e-invoicing…

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Collaboration: A Top Priority for Business Leaders

Whether it is between employees, partners and suppliers, collaboration is a top priority for businesses. It is the driving force that ensures efficiency among your tasks and improves outcomes of your business activities. Fortunately, many collaboration tools are available to give your employees, partners and suppliers a sense of community. They help reinforce the benefits of collaboration and introduce unexpected…

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Blockchain

Blockchain: The Next Big Thing in the Supply Chain

Blockchain has the potential to change how the supply chain works. Although it is owned and monitored by everyone, it is ultimately controlled by no one. It is like a gigantic interactive spreadsheet that everyone can access and update. It consists of transactions and blocks, which contain a hash of the preceding blocks – thus the name blockchain. It creates…

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Collaboration

How Collaboration Helps Your Business Survive

The supply chain is getting longer. More people, places, organizations and processes are involved in getting a product or service into a market. Even within an enterprise, there are marketers, legal, finance, human resources and many others. With multiple elements in the supply chain, how can you resolve the confusion and efficiencies brought by conflicting views and personalities? The answer…

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Blockchains

Applying the Blockchains to the Supply Chain

Blockchains are known to be the marvel behind the Bitcoin, but other industries also benefit from this revolutionary technology. Companies that are looking to improve efficiency have found a way to solve the supply chain issues using this technology. Companies are able to trace items from manufacturing up to the delivery of products at the consumers’ doorstep. In a word,…

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