Companies in the supply chain sector worldwide are increasingly investing in modern technologies like AI and IoT to enhance performance. This has even been increased by the pandemic that has made in-person operations nearly impossible. These digital solutions have allowed businesses to capture and use their data and promote efficiency. Unlike the manual processes that can result in inefficiencies, errors and delays, using technology enhances productivity, visibility and accuracy. That is why supply chain companies are increasingly capitalizing on technology to make things work. With the Internet of Things (IoT), inventory management and asset tracking can be modernized, and transparency in operations can be improved. RAIN RFID is one such technology that can be adopted to solve inefficiency and human error issues.  Here are some ways you can use RAIN RFID technology in your supply chain to bridge the IoT gap.

One of the biggest sources of success in modern organizations is the effective management of the supply chain. In today’s competitive business landscape, this has become even critical than ever. Therefore, small businesses with little resources and large ones with better resources are always looking for ways to improve their supply chains, especially by enhancing their management, upgrading their existing supply chain tools, and implementing new systems that will allow them to stay ahead of competition. The rise of new trends such as outsourcing and lean manufacturing has made effective supply chain management crucial, while trade wars and their impact have made everything more challenging than ever. Here are four things you need to put into consideration while managing your supply chain.

Excellence in supply chain management may translate to business success. If you are good in this area, you will likely impress your customers in delivering the right products, in the correct quantity, at the right place, at the lowest possible cost and the right time, and to the correct people.  However, getting it right in the supply chain is easier said than done. Unlike the thinking that excellence in managing the supply chain can be achieved through few steps, the truth is that it goes much deeper and entails many other defining actions and strategies. For supply chain professionals, it means that they must have extra attributes that enable them to stand out. Here are some of the winning traits that should define your supply chain.