Transformation of Supply Chain process by adoption of digital technology by Industry

| January 1, 2020

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An efficient supply chain is important for improving overall productivity and profitability and is hence a crucial company operation. But what about 10 years from now? It may become obsolete with the rapid changes in the innovation solutions out there coupled with the quickly evolving disruptive technologies. What are our priorities? What should be our consideration? What is the future of the Supply Chain Process? The supply chain management function is in the spotlight today and it is one of the key drivers for sustainable business, profitability, and retention of customers. The supply chain is now a crucial company operation but 10 years from now it may become obsolete with the rapid changes in innovative solutions offered, coupled with the fast-paced evolvement of disruptive technologies.

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Worldwide Equipment

Worldwide Equipment currently has locations in 6 states, operating 21 full-service dealerships, 5 parts stores, 16 leasing locations, a full-service detail shop, and a fabrication facility. Our locations in Kentucky, Tennessee, Virginia, West Virginia, Ohio, and South Carolina are conveniently located near major interstates and are committed to serving you.

OTHER ARTICLES

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Big disruptions and their effects on supply chains

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The COVID-19 virus event has been a supply chain risk waiting to happen. A virus is not a ‘black swan’ event, but a ‘known-unknown’. The potential risks and likely consequences of a new virus were evident at the time of the SARS virus of 2002-3 and the H1N1 virus of 2009. The difference between then and now is that the global economy has changed. China’s economy is about four time larger than when the SARS virus event occurred, which has influenced region trade lanes to be more dependent on China.

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Digital innovation in logistics warehouses

Article | February 11, 2020

Business Chief takes a look at three leading logistics companies and how they are digitalising their warehouses. With technology evolving at an exponential rate, and the logistics industry needing flexible solutions for its complex operation, we take a closer look at some of the successful deployments of digitalisation within the warehouses of leading logistic companies around the world.

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For information on our commitment and Tomorrow Rising fund to helping communities recover from the Covid-19 crisis

Article | June 27, 2020

With half a million people benefited in 60+ countries, the Tomorrow Rising Fund is now focusing on education and professional training programs to secure the best future for young people and their communities affected by COVID-19. Two months after launching the Tomorrow Rising fund to support Covid-19 emergency relief in April 2020, Schneider Electric’s Foundation moves forward to support recovery and resiliency through education and training programs. The Tomorrow Rising Fund was launched to support emergency and longer-term reconstruction related to Covid-19 in all the countries where Schneider Electric operates. The Schneider Electric Foundation appealed to its leaders and employees to get involved and all their donations have been matched by the Group. Other external stakeholders and partners have also contributed.

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Spotlight

Worldwide Equipment

Worldwide Equipment currently has locations in 6 states, operating 21 full-service dealerships, 5 parts stores, 16 leasing locations, a full-service detail shop, and a fabrication facility. Our locations in Kentucky, Tennessee, Virginia, West Virginia, Ohio, and South Carolina are conveniently located near major interstates and are committed to serving you.

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