As supply chain managers operate in a world of uncertainty, changing demand trends, and global disruptions, they utilize predictive analytics to anticipate problems and hurdles. By utilizing data, statistical models, and machine learning algorithms, predictive analytics enables the forecasting of...
Natural calamities are inevitable, and as time goes by, most are becoming worse due to the effects of climate change. While these calamities are inescapable, they can be a disaster depending on frequency and the country’s vulnerability and climate resiliency. Geographical location, economic...
When it gets complicated to keep up in the digital world, procurement teams are also pressured to become faster, more accurate, and more transparent. With today’s supply chains requiring speed, transparency, and precision, it may be harder for traditional and manual methods to meet this dem...
In 2024, the whole world experienced its warmest year, as confirmed by the World Meteorological Organization based on six different datasets around the world. Several countries around the world experienced extreme heatwaves, especially in Southeast Asia. In Thailand alone, the apparent temperatur...
No matter who you are or where you live, there is no doubt that you have experienced at least one impact of climate change. Everyone, including businesses and organizations, is pressured to meet sustainability goals. Even procurement professionals play an important role in making sure their compa...