Category: Supply Chain

Optimising Supply Chain Management: Key Strategies for Small Business Success in Today’s Dynamic Market

Small Enterprise India

Supply Chain Management (SCM) is the comprehensive process of managing the flow of goods and services from the initial stages of production to the delivery of the final product to consumers. It involves the coordination and management of various activities, including sourcing raw materials, production, inventory management, logistics, and delivery. The primary goal of SCM is to create the best product at the most efficient cost, ensuring customer satisfaction and business profitability. For small businesses, SCM can be particularly challenging yet essential. They often need to be more agile and…

Trends In Supply Chain Management and Logistics For 2022

Yamini Lamba

The COVID 19 pandemic disrupted nine out of ten things all around the world and more so among all the industries e-commerce is continuously facing increased supply pressures to keep up with the increased demand due to the shift of a significant number of consumers to online platforms for shopping from perishable to non-perishable items all around the world. This has compelled suppliers to take up innovative ideas to keep up with the increased pressure which has resulted in the birth of new trends from next-level automated warehousing to need…

Does your Business need a CRM?

Neetu Vijoy Bansal

Before we answer the million-dollar question, lets quickly understand “ What is CRM”  CRM or Customer Relationship Management refers to all strategies, techniques, tools, and technologies used by businesses for developing, retaining and acquiring customers. In today’s digital world it also stands for a set of  tools that allow a company to manage and analyse its own interactions with its past, current and potential customers. Now allow me to introduce you to HubSpot HubSpot is an all-in-one marketing, sales, and service platform built to help you implement inbound and grow better.…

Green Supply Chain Management and SMEs

Swathi Bhat

In this highly competitive 21st century, it has become very crucial for businesses to have an efficient supply chain management (SCM) system for surviving in the market. In any business, SCM plays an important role in meeting the market demands and customer needs. At first, SMEs faced challenges in developing a good SCM system owing to their lack of resources. However, the amazing technological advances today have opened better opportunities for SMEs to compete in the global marketplace. Of late, there has been an increase in environmental and social awareness…

Supply Chain Management in Small and Medium-Sized Enterprises

Amareta Rodrigues

Every organizational system, big or small, aims to control operations and execute projects in the most effective and efficient manner. Supply chain management is the apt system to integrate and connect a product’s workflow, right from acquiring raw materials to production and then distributing the products to customers in a highly systematic and streamlined manner. By implementing this system, businesses can earn good profits as well as lower losses and business failure risks. A supply chain management system is an integration of three main phases: Supply – process of procuring…

Supply Chain Management in Small and Medium-Sized Enterprises

Amareta Rodrigues

Every organizational system, big or small, aims to control operations and execute projects in the most effective and efficient manner. Supply chain management is the apt system to integrate and connect a product’s workflow, right from acquiring raw materials to production and then distributing the products to customers in a highly systematic and streamlined manner. By implementing this system, businesses can earn good profits as well as lower losses and business failure risks. A supply chain management system is an integration of three main phases: Supply – process of procuring…