Innovate E-Commerce Blog

Supply chain disruptions and economic uncertainty is compelling procurement leaders to build stronger relationship with their suppliers. They must have visibility and collaboration with their suppliers so they can improve supply chain planning. Do you know which of...

The supply chain has been changing rapidly since the pandemic. The lack of visibility is a real concern today. Shortages continue to persist due to the lack of information sharing. More information is not necessarily better, it can just be more. What are your...

Making decisions based on instinct or years of experience will no longer help you weather the storm of the rapidly changing supply chain. Major organizations make decisions relying on data. The more accurate and timely the information; the better probability of...

Since the pandemic, companies must now deal with disruptions to the global supply chains and intensifying economic headwinds resulting in a supply chain re-set. Virtually every company is assessing how to rebuild their supply chain to make it more resilient to the...

“The broad economic environment in the United States today is anything but normal,” explained Jack Kleinhenz, NRF Chief Economist. “It has never been so challenging to put together the pieces of the economic puzzle and connect them to where the economy is heading. And...

The New Normal – a phrase created after the pandemic to signify that there will be a new way to do business in 2023 and beyond. As we look ahead, industry experts offer hope that the supply chain will return to normalcy. However, the “new normal” will not be the same...

The New Normal – a phrase created after the pandemic to signify that there will be a new way to do business in 2023 and beyond. But what will it look like? How will the supply chain change? In a survey done by the Wall Street Journal, 45% of the economists estimated...

The New Normal – at what point is the "new normal" not so new? At what point does the new normal became old news? If the pandemic taught us one thing, it is that doing business the old way does not work in a global supply chain. Today’s supply chain must be flexible...

Improve Relationships with your Customers and Suppliers Implement Enhancements Enterprises need accurate, comprehensive, and timely information on every factor that could affect their suppliers’ relationships and their exposure to risk throughout their end-to-end...

Improve Relationships with your Customers and Suppliers Communication is key to any relationship whether it is with family, friends or your business customers and suppliers. The supply chain faces many challenges: pandemics, natural disasters, economic disruptions,...

Today’s labor shortages are making it more difficult to find and keep the right people. Many companies have plans to automate manual processes, but are challenged to complete these projects because of limited resources. There are many benefits to automation...

Today’s world is faced with inflation, labor shortages, high oil prices, and many other variables that can contribute to delays and over-worked customer service departments. Companies that still rely on manual processes in their back-office lose time and money....

TealBook research results found that 74% of procurement professionals are concerned their company isn’t in the position to leverage supplier relationships to drive innovation. Why? I’m not sure I can answer that question, but I can possibly give you a place to start...

TealBook research reports that 57% of procurement leaders reply on manual entry for supplier data, resulting in inefficiencies and a large strain on resources. Manual entry also results in keying errors, which can increase your costs. How? If your supplier changes...

According to the TealBook, 77% of procurement leaders believe they are not prepared for future disruptions in the Supply Chain. They still do not have visibility into their supply chain information. Many companies have implemented the purchase order and invoice to be...

You may be keeping up with your customers’ requests to implement more documents electronically, but do you have all the information you need to improve your supply chain? Where are the goods you need to support your supply chain? Are they in your supplier’s warehouse,...

Overall, automating your warehouse, your manufacturing process, or investing in robotics are excellent ways to assist you in fixing your supply chain. But where do you start and at what cost? Even with the emerging technologies, companies still need more accurate...

There are many options and opinions on how to fix the supply chain. Emerging technologies, ranging from Robotics, Artificial Intelligence (AI) and Internet of Things (IoT) has helped companies weather the disruptions. However, even with the emerging technologies, most...

In 2022 – 2023 companies are looking to emerging technologies to streamline their supply chain. For example, Robotics, Artificial Intelligence (AI), and the Internet of Things (IoT) are a few of these technologies. In 2019 alone, North American companies spent $869M...

In a recent article on Financesonline, it stated that 62% of companies have limited visibility of their supply chain, 17% have extensive visibility and 15% have visibility only on their production. Disruptions in the supply chain, cost of fuel and shorter product life...