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3 Digital Initiatives Your Company Should Consider to Thrive in a Post-COVID-19 World
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As we all know, the pandemic was a wakeup call for modern supply chain infrastructure.  Of course every supply chain had and still has weaknesses or areas that can be improved.  But COVID-19 showed us what supply chain darwinism can look like first hand, and yes, only the strong (and flexible, agile, and resilient) survived…

Accelerate Product Development with the Right Data Management Solutions
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You can’t rush perfection – or can you?  Creating a new product is never a decision to take lightly. Bringing new products to market requires countless hours of research, development, testing, and marketing, not to mention the associated costs. Companies must be especially calculated when it comes to choosing which new products to pursue.  The…

supply chain visibility vs. traceability
Supply Chain Visibility Vs. Traceability: What’s the Difference?
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Supply chain visibility and traceability are both essential for improving supply chain functionality. Many companies have limited knowledge about how their supply chain works outside of one or two upstream or downstream layers. By gaining more transparency throughout the supply chain, companies are in a better position to identify inefficiencies, reduce complexities, and improve decision…

supply chain risk
Mitigate Supply Chain Risk with Master Data Management
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Reliable supply chain data is critical to ensuring efficiency, effectiveness, and ongoing operability. When data is missing, incorrect, or inaccurate, it opens the doors for a number of business risks that could harm profitability, create delays, and damage your reputation.  To mitigate supply chain risk, organizations are turning to better ways to collect, share, and…

Packaging Dangerous Goods? Here’s Our Top 5 Tips for Success.
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A few years back, Amazon was slapped with a major fine ($872,000, to be exact) for violating shipping standards for hazardous materials.  The price tag is shocking, but not as shocking as the level of danger those violations could cause.  After all, when packaging dangerous goods, noncompliance can harm more than just your business. In…

product development
Is Your Next Big Product Hiding in Your Data?
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New product inspiration comes from every angle. Sometimes, you’ll find it in your customer feedback surveys, product ratings, or reviews. Other times, you need to look no further than your sales numbers or your competition. One thing that each of these sources have in common — they’re driven by data.  If you have a great…

Navigating the “Fuzzy” Front End of Product Innovation
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One of the greatest inhibitors to product development is the inability to capture and track ideas.  Thomas Edison said it himself, “The lightbulb is an invention with 1,000 steps.” During the early stages of product development, Edison tried 1,000 different ideas before finding one that worked.  But this shouldn’t mean it takes 1,000 steps to…

supply chain digitization
Supply Chain Digitization is Vital to the Future of COVID-19 Vaccinations
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Welcome to the age of information, where you can access your entire supply chain at the touch of a button, every asset has a digital twin, and the fate of the COVID-19 vaccine depends on how well we manage our specifications.  COVID-19 and the Supply Chain In the average supply chain, there’s a lot to…

product development
3 Ways Your Supply Chain Can Impede Product Development
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You’ve got a million-dollar idea. But unfortunately, that isn’t enough to launch a successful product. Now, it’s a matter of determining its viability in the market, and much of your success comes down to how well your supply chain functions. Time to market, costs, and how you respond to shifts in market demand can make…

supply chain network
Build a Resilient Supplier Network with Supply Chain Master Data Management
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If there’s ever a time to fix glaring inefficiencies in the supply chain, it’s now.  To be fair, COVID-19 did not create the supply chain issues like slow global lead times, product shortages, geopolitical restrictions, and logistics disruptions that many industries are currently experiencing. Rather, it further exposed and amplified poor sourcing strategies and distribution…