The emergence of Covid-19 continues to present financial strain on multiple businesses across the globe. While most companies are looking into cost-saving initiatives, strategic sourcing is yet again placed on the spotlight. With reducing spending as one of its key strategic goals, strategic sourcing is now more pressured to deliver value, particularly in times of crisis.
Digital Innovation Insights with Sello Lehong, Head of Innovation at Barloworld Automotive & Logistics.
In our third episode of our digital innovation series Sello discusses the fourth industrial revolution (4IR) and augmented reality (AR), and the impact of this technology on the supply chain industry.
With the recent Moodys’ downgrade to junk status as well as the national lockdown due to the COVID-19 pandemic, businesses will need to optimise their supply chains to increase efficiency and profitability if they hope to beat a recession. Here’s a few insights from our team of experts to help you identify where to start.
Supply chains are an active force behind most, if not all, businesses and are crucial for customer satisfaction and business success. A well-oiled supply chain with all its components running efficiently ensures that a business can provide on-time delivery of products and services. It is indeed prudent to stay informed and updated on the latest supply chain trends.