Dealing with today’s unpredictable world and preparing for the future requires organizations to move from a linear supply chain — which is only as strong as its weakest link — to an interconnected, multidimensional supply network that’s resilient, secure and agile. The ability to collaborate with the entire supplier ecosystem is crucial for the supply chain of the future.
October 25, 2022 | Supply Chain read
Software supply chains have become increasingly vulnerable. And most organizations are not prepared to handle such risks.
SolarWinds, Kaseya and several other supply chain attacks have led technology firms to rethink their security procedures.
The SolarWinds attack was massive and impacted thousands of enterprises as well as government agencies.
October 18, 2022 | Supply Chain Software read
Supply chains have always been vulnerable to disruption. Although rightly called the ‘plumbing of global commerce,’ supply chains have typically received little attention.
Unprecedented events such as the COVID-19 pandemic and the ongoing conflict in Ukraine have again put the spotlight on the vulnerabilities of global supply chains.
Fast evolving and rapidly changing customer needs have added to the current challenges in supply chain management.
October 18, 2022 | Supply Chain Software read
The most pressing challenge facing supply chain professionals is improving supply chain resiliency, according to a recent survey by GEP and Foundry. But how can enterprises meet the demands of modernization?
A Low-Code/No-Code Approach To Building Next-Gen Supply Chains outlines how to empower nontechnical team members to create more resilient supply chains without the constraints of IT.
October 07, 2022 | Supply Chain Software read
Trade in the modern world spans the globe. To support this global trade network, supply chains have grown proportionately large and are now a complex ecosystem of suppliers, logistics providers and buyers.
Supply chain management software helps manage this ecosystem and ensure the efficient movement of goods and data from the point of manufacture to the end of consumption.
September 28, 2022 | Operations read
Quantum computing has captured the interest of many industries, notably pharmaceuticals and supply chain management.
But why are these industries exploring quantum computing instead of traditional supercomputing?
Because quantum computing, based on the behavior of matter at the atomic and subatomic levels, is more powerful. Quantum computers can perform calculations beyond the binary 1 or 0, and consider the tiniest element of an object – the electron.
July 02, 2025 | Spend Management read
Should cost modeling and analysis is a method of arriving at a pre-determined cost estimate for a finished product by breaking down various cost dependencies and finding a pre-determined final price.
Should-cost models allow us to measure what it takes to build a finished product. The name 'should cost’ says it all — what something should cost versus what it actually costs.
These costs can include:
August 29, 2022 | Supply Chain Software read
There has been a marked strategic change — from cost savings to agility and resilience — in supply chain management.
According to a new Economist Impact survey of 400 senior-level executives commissioned by GEP, 75% of the participants reiterated the necessity to make significant supply chain changes over the next year.
The reasons for this change were the disruptions the world has seen over the past 24 months.
August 26, 2022 | Inventory Management Software read
Nonprofit organizations are the backbone of many communities. To succeed, they need to use their financial resources wisely.
Similarly, inventory management for such organizations focuses on using every opportunity to manage costs without sacrificing quality and reputation. To reduce costs, generate more revenue and do good, nonprofits have realized that inventory tracking is an area they can work to improve upon.
