The Future of Supply Chain Automation

 Over the past few years, there have been considerable changes that we have witnessed in almost every industry and niche. One of the major changes has come in the supply chain management for the packaging sector. When we look at products today, they are no longer just about being boxed in a carton. Packaging today means preparing the goods in a safe, protected and cost-effective way. This change in the way packaging is done has also brought about a revolution in the supply chain management sector. When you look closely at the supply chain management system, it is well understood that packaging is integral for communicating with the end customers, and is that factor that differentiates you from your competitors. In recent years the supply chain management for packaging has become a whole new segment that has gained importance as a component of growth for most supply chain management companies. The overall idea of integrating a better packaging system has brought about a new lease o...

Over the past few years, on a number of occasions the supply chain management sector has come to the rescue of mankind when the need was the most. The recent past has seen several manmade and natural disasters during which the safe transportation and movement of essentials like medicines and food become rather critical. At times like this, the supply chain management industries have stepped up effectively. Every time there has been an emergency Be it the recent pandemic of COVID19 or other times when the time was a major factor in saving lives, the supply chain management in healthcare industry had to take the lead. These days healthcare supply chain management plays an important role in regulating the flow of medicines and other essential drugs from the manufacturer to the ones in need. Be it procuring the essential vaccines and drug licenses, maintaining refrigeration points to control the temperatures, or providing an ambient and dust-free environment while transporting life-saving...

While COVID-19 continues to wreak havoc and brings almost every industry down to its knees, its adverse impact on the Supply Chain Management (SCM) is equally noticeable. The ongoing crisis has surely revealed the fragility of the modern supply chain. With businesses and organisations struggling to procure the basic products, panic-buying on the part of people, and services being conducted from home, multinational companies have experienced both the supply and demand shock. This has made the efficiency of Supply Chain Management vulnerable, leading to an incessant need for the latter to adapt and come out stronger and smarter.  It is true that the rising costs and downsized capacity have shaken up the logistics market. The deteriorating economy indicates that things are not likely to get normal anytime soon. Even logistics with China has been affected to an unfathomable extent. The lockdown in China and its dominance in key areas have laid bare the problem with the modern supply ch...