supply chain and business management
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The importance of Supply Chain in Business Management

The importance of Supply Chain in Business Management   Supply Chain demonstrates its importance by being present in all stages of a product’s useful life, including the purchase of raw materials, storage, among others.   You have certainly heard about supply chain, and probably have some knowledge about it. But if not, we can help … Continue reading The importance of Supply Chain in Business Management

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Benefits of Business Intelligence in Supply Chain Management

Benefits of Business Intelligence in Supply Chain Management In a nutshell, Business Intelligence includes the analysis of raw data, seeking to produce practical conclusions. This data can include sales figures, customer buying habits and operating costs. Who has never heard the old phrase “knowledge is power”, right? And indeed, knowledge can open many doors, including … Continue reading Benefits of Business Intelligence in Supply Chain Management

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Main Differences between Logistics and Supply Chain

Main Differences between Logistics and Supply Chain Although sometimes confused, these two concepts are quite different. Logistics plays a role within the supply chain. Supply chain, on the other hand, has a very comprehensive role, being present in all stages of production and distribution. Supply Chain and Logistics are two different things, they are not synonymous. … Continue reading Main Differences between Logistics and Supply Chain

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This is what happens to your body over months in isolation.

This is what happens to your body over months in isolation. Source CNN: By Scottie Andrew, Kelly Flynn and Max Pepper   Since the pandemic officially began in March, we’ve been told staying home is the best way to avoid catching Covid-19. And it is. But life in confinement can cause physical ailments on its own. … Continue reading This is what happens to your body over months in isolation.

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The Growth of Women’s Participation in the Supply Chain Scenario

The Growth of Women’s Participation in the Supply Chain Women have conquered more and more space in the corporate world. In 2020 they represent 17% of the board while in 2019 they represented only 11%. Below, we’ll talk about women’s participation at the top of the organization chart in the supply chain industry.     … Continue reading The Growth of Women’s Participation in the Supply Chain Scenario

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Tesla Trucks – Why did Elon Musk want to speed up the production of electric trucks?

Tesla Trucks – Why did Elon Musk want to speed up the production of electric trucks Tesla has presented for many years several very interesting proposals in the automobile sector with its electric cars and trucks, which do not pollute and do not use gasoline or anything similar. We will see in this article what … Continue reading Tesla Trucks – Why did Elon Musk want to speed up the production of electric trucks?

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How to Prepare Supply Chains for Future Disruptions

Supply Chain refers to an interconnected business network, ranging from the storage of raw material, to the final product at the point of consumption. In other words, it is the connection between companies and suppliers, focusing on producing and distributing a product in the best possible way. Here’s what to do to prepare a supply … Continue reading How to Prepare Supply Chains for Future Disruptions

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HOW CAN COMPANIES DEAL WITH QUARANTINE AND KEEP EMPLOYEES MOTIVATED?

HOW CAN YOUR COMPANY DEAL WITH QUARANTINE AND KEEP EMPLOYEES MOTIVATED?   In the midst of the pandemic scenario we live right now where the recommendation is social isolation, companies face a great and new challenge: they need to reinvent themselves to continue the tasks and keep their team engaged and motivated. The number of … Continue reading HOW CAN COMPANIES DEAL WITH QUARANTINE AND KEEP EMPLOYEES MOTIVATED?

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Coronavirus affects businesses more than Tax War.

Last year, we have watched changes in import taxes greatly affect how companies deal with global suppliers: in fact, how they deal with Chinese suppliers, as the largest trading nation in the world. There were extensive discussions on moving out of China, and diversifying suppliers and even production to different countries. Then came the Coronavirus … Continue reading Coronavirus affects businesses more than Tax War.

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Supply Chain Trends 2020

To talk about trends for the Supply Chain is to talk about the vital forces of a company. Today, virtually all companies base their processes on their supply chain. With this in mind, understanding and adapting changes in your company’s supply chain is to keep up with the market, punctually delivering your products and services … Continue reading Supply Chain Trends 2020

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How to stop being a procrastinator? Take advantage of this extra time at home during Coronavirus isolation period!!

“Don’t put off until tomorrow what you can be done today!”   I venture to say that this phrase is known by everyone! And nobody assumes to be a procrastinator but at least once in their lives everyone has already pushed some simple daily tasks off, postponed important work commitments and lost focus, opening up … Continue reading How to stop being a procrastinator? Take advantage of this extra time at home during Coronavirus isolation period!!

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CUSTOMER SERVICE? LET’S TALK ABOUT CUSTOMER EXPERIENCE (CX)!

CUSTOMER SERVICE? LET’S TALK ABOUT CUSTOMER EXPERIENCE (CX)! As technology and global experiences evolve, providing good quality customer service does not set you apart from your competitors anymore: nowadays, your competition lies not only within your city or state, or country for that matter… And customers use comparison apps for each purchase they make and … Continue reading CUSTOMER SERVICE? LET’S TALK ABOUT CUSTOMER EXPERIENCE (CX)!

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Coronavirus stretches Supply Chain’s resilience

Coronavirus stretches Supply Chain’s resilience.   After only 38 days since China first alerted the World Health Organization to cases of pneumonia, the new-found virus from the Coronavirus family has brought not only an international health emergency, but also economic impacts to the automotive and technology industries.   The city of Wuhan, also known as … Continue reading Coronavirus stretches Supply Chain’s resilience

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Awesome advantages of hiring a diverse partner

February is Black History month, where African American people’s achievements will be celebrated, and their roles in American history are praised and recognized. That brings up challenges that not only the second largest minority population have faced throughout the years, but also minority groups in general, mainly in the work environment.   Partnering with Minority … Continue reading Awesome advantages of hiring a diverse partner

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AI PROVES ITS WORTH

AI PROVES ITS WORTH   As AI adoption increases, a recent survey conducted by McKinsey shows that a majority of companies that has adopted AI has seen an increase in revenues in the business areas it is used, and 44% say AI has reduced costs.       For Supply-chain management, the functions that have … Continue reading AI PROVES ITS WORTH

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US reaches ‘deal in principle’ with China to end trade war

US reaches ‘deal in principle’ with China to end trade war   President Trump is expected to sign off  a “deal in principle” with Beijing to resolve the 17-month US-China trade war, according to a source familiar with the matter. “The written agreement is still being formulated, but they have reached an agreement in principle,” … Continue reading US reaches ‘deal in principle’ with China to end trade war

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USMCA: Agreement reached on Nafta trade deal replacement

USMCA: Agreement reached on Nafta trade deal replacement   The US, Mexico and Canada have finalised a trade deal that will replace the 25-year-old North American Free Trade Agreement (Nafta).   Representatives from the three countries signed the pact in Mexico.   US President Donald Trump also declared victory.   The US-Mexico-Canada Agreement (USMCA) will … Continue reading USMCA: Agreement reached on Nafta trade deal replacement

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NEW TARGETS ON TARIFF WAR

NEW TARGETS ON TARIFF WAR   France, Argentina and Brazil: economic actions that disadvantage U.S. companies have triggered new tariffs on industrial metals from Brazil and Argentina, as well as threats to even harsher penalties on dozens of popular French products.   To counter a “massive devaluation of Brazilian and Argentinean currencies” at the expense … Continue reading NEW TARGETS ON TARIFF WAR

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CHAINING INFORMATION

CHAINING INFORMATION   Do you still have doubts that technology will continue to change how information flows through all channels and businesses? Well, KPMG has just launched a blockchain-based platform called KPMG Origins, that leverages Blockchain, Internet of Things (IoT) sensors, as well as data and analytic tools to provide transparency and traceability for products … Continue reading CHAINING INFORMATION

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2020 TOP PRIORITIES FOR CHIEF PROCUREMENT OFFICERS

2020 TOP PRIORITIES FOR CHIEF PROCUREMENT OFFICERS   Deloitte has released its annual Chief Procurement Officer study, where CPOs rank the procurement strategy they will utilize most to deliver value in the next 12 months:     A more complex scenario demands a procurement operating model to be more flexible, where one of the top … Continue reading 2020 TOP PRIORITIES FOR CHIEF PROCUREMENT OFFICERS

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PRICE FOR AN INTERIM TRADE DEAL WITH CHINA: DROP THE TARIFFS!!

PRICE FOR AN INTERIM TRADE DEAL WITH CHINA: DROP THE TARIFFS     As trade data for September comes out and show tariffs affecting commerce between the U.S. and China, talks are underway over an interim agreement to alleviate the escalating trade war between the countries. U.S. imports from China hit the lowest point in … Continue reading PRICE FOR AN INTERIM TRADE DEAL WITH CHINA: DROP THE TARIFFS!!

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FROM SELF-DRIVING TRUCKS TO DRONE DELIVERY: BALANCING HUMANITY AND TECHNOLOGY IN YOUR COMPANY

FROM SELF-DRIVING TRUCKS TO DRONE DELIVERY: BALANCING HUMANITY AND TECHNOLOGY IN YOUR COMPANY     Last September, Daimler Trucks and Torc Robotics announced they are testing self-driving trucks in public roads in the U.S.. Later on in October, UPS gets approved to limited drone delivery service across the U.S.. As other companies pilot similar projects … Continue reading FROM SELF-DRIVING TRUCKS TO DRONE DELIVERY: BALANCING HUMANITY AND TECHNOLOGY IN YOUR COMPANY

WHAT GUARANTEES QUALITY FOR THE AVIATION AND SPACE INDUSTRY?
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WHAT GUARANTEES QUALITY FOR THE AVIATION AND SPACE INDUSTRY?

WHAT GUARANTEES QUALITY FOR THE AVIATION AND SPACE INDUSTRY?   Companies that supply parts for the Aviation and Space Industry must meet Aerospace Quality Standards to guarantee that all products are handled properly; otherwise they will lose performance.   AS 9120 Quality Management Systems – Aerospace Requirements for Stockist Distributors was developed for pass-through distributors of … Continue reading WHAT GUARANTEES QUALITY FOR THE AVIATION AND SPACE INDUSTRY?

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LOOKING FOR BETTER FINANCIAL RETURNS FOR YOUR COMPANY? APPOINT A FEMALE EXECUTIVE!!

LOOKING FOR BETTER FINANCIAL RETURNS FOR YOUR COMPANY? APPOINT A FEMALE EXECUTIVE!!   As the NMSDC Conference 2019 wraps up, an interesting study by S&P Global Market Intelligence finds out that Female CFOs brought in $1.8 trillion of additional cumulative profits when compared to male CFOs. When compared to male predecessors, companies saw, on average, … Continue reading LOOKING FOR BETTER FINANCIAL RETURNS FOR YOUR COMPANY? APPOINT A FEMALE EXECUTIVE!!

EL SURGIMIENTO DE ROBOTS COLABORATIVOS
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THE RISE OF COLLABORATIVE ROBOTS

THE RISE OF COLLABORATIVE ROBOTS   As the fourth industrial revolution, known by some as Industry 4.0, continues to transform the supply chain, companies must aim to increase productivity and improve estate utilization by integrating robotics and automation, without deliberately neglecting employees.   MIT Researchers found that robot-human teams were 85% more productive than either alone. This emphasizes … Continue reading THE RISE OF COLLABORATIVE ROBOTS

¿Una próspera Navidad?
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A Merry Holiday Season?

A Merry Holiday Season?   The National Retail Federation (NFR) expects holiday retail sales during November 1st through December 31st to increase between 3.8 to 4.2 percent over 2018. The numbers exclude automobile dealers, gasoline stations and restaurants.   “The U.S. economy is continuing to grow and consumer spending is still the primary engine behind … Continue reading A Merry Holiday Season?

Artificial Intelligence and Supply Chain Management: how close are we?
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Artificial Intelligence and Supply Chain Management: how close are we?

Artificial Intelligence and Supply Chain Management: how close are we?   New technologies bring up new buzz words, most of the times misused and overused. Due to the interest in Artificial Intelligence, many companies are eager to apply the term “AI” in their portfolios. There is a good article by Gordon Benzie that lists 20 … Continue reading Artificial Intelligence and Supply Chain Management: how close are we?

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How will the digital economy revolutionize Supply Chain and Logistics? BLOCKCHAIN

How will the digital economy revolutionize Supply Chain and Logistics? BLOCKCHAIN Nowadays, the biggest buzz word when people talk about digital economy is BLOCKCHAIN. But what is Blockchain? What is the relationship between Bitcoin and Blockchain and what does it have to do with Supply Chain? To be able to answer all these questions, we … Continue reading How will the digital economy revolutionize Supply Chain and Logistics? BLOCKCHAIN

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How will the digital economy revolutionize Supply Chain and Logistics?

How will the digital economy revolutionize Supply Chain and Logistics?   Technology advancements are reshaping both our personal and professional lives. When it comes to supply chain and logistics is no different: the new digital environment is transforming the way goods are shipped and delivered.   5G, the use of big data, artificial intelligence, blockchain, … Continue reading How will the digital economy revolutionize Supply Chain and Logistics?

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ARGOS IATF 16949

IATF 16949 – Setting the bar higher for Customer Satisfaction and Quality Management.   IATF 16949, or International Automotive Task Force, is a standard that establishes requirements for a Quality Management System: it provides guidance and tools for companies who want to guarantee that their products and services consistently meet customer satisfaction.   Initially defined … Continue reading ARGOS IATF 16949

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Hedging for non-convertible currencies?

Hedging for non-convertible currencies? Learn more about Non-Deliverable Forward Contracts.   A Non-Deliverable Forward (NDF) contract is an alternative way to hedge a foreign exchange (FX) exposure against a currency that is not convertible. Some countries’ monetary authorities impose restrictions on their currency’s convertibility in order to regulate the currency’s inflow and outflow. As a … Continue reading Hedging for non-convertible currencies?

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TRAVEL AT THE SPEED OF LIGHT? MEET ALICE!!

Meet Alice, the battery-powered plane that could herald the age of electric air travel Written by Elaine Thelen, Writer, Formative Content   Every minute, 84 flights take off worldwide. Last year, more than 4 billion journeys were made by plane. Air travel underpins trade, tourism and economic growth, but it is also a major contributor to climate change. So … Continue reading TRAVEL AT THE SPEED OF LIGHT? MEET ALICE!!

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3 Lessons Supply Chain Professionals Can Learn From NASA

3 Lessons Supply Chain Professionals Can Learn From NASA Writer Martin Verwijmeren Resilience, Agile Strategy, and Innovation Sunday, July 20, 1969, went down as one of the most momentous days in history when the first humans successfully set foot on the moon. Hundreds of millions of awed and enthused people tuned in for the Apollo 11 milestone – the … Continue reading 3 Lessons Supply Chain Professionals Can Learn From NASA

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CHINA TARRIFS

China Tariffs – Now What?   There is no end in sight for the tensions between the U.S. and China: the latest developments shows neither Trump nor Chinese President Xi Jinping are willing to back down: “The U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion … Continue reading CHINA TARRIFS

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