With the sudden and rapid increase in digitization and transformation of technology, more and more companies are adding artificial intelligence to the supply chain to ensure maximum utilization of resources.
Although the pandemic has caused Indian manufacturers to delay their digital transformation and modernization plans, now is not the time to put the brakes on digitization to transform manufacturing and build supply chain solidity.
In the January-March 2021 period, FMCG sales growth from the traditional trade channels jumped to double digits, while growth in e-commerce normalized down to single digits in the January-March quarter.
Historically, supply chains of organizations faced only localized or regional disruptions, but the ongoing pandemic posed not only the most global but also the most profound challenge to supply chain management (SCM).
The fashion industry is fast-paced and highly globalized, with clothing designed in one country, raw materials sourced from another, manufactured in yet another, and despatched to customers in various countries - this is the 'logistics of fast fashion'.