by Operations Council | Nov 25, 2024 | Supply Chain
What is scarcity? Scarcity means there isn’t enough of something to satisfy everyone who wants it. This can affect business through the supply chain management, hiring process, pricing, and more. Below you will learn what scarcity is and how it can impact your supply...
by Operations Council | Nov 21, 2024 | Artificial Intelligence (AI), Technology
AI plays a prominent role in today’s world of business operations. It automates processes, optimizes resource allocation, and enhances decision-making processes. But what will the future of AI look like? Experts see a future where AI plays an even more prominent role...
by Operations Council | Nov 18, 2024 | Cyber Resilience
Operational processes are seeing an increasing shift to digital. Digital processes reduce costs, eliminate errors, and boost productivity. However, they also increase the risk of cyber threats. Leaders must do more than protect their company from cyber threats. They...
by Operations Council | Nov 12, 2024 | Economy/Economic, Supply Chain
Leaders understand the importance of resilient supply chains, but their efforts may be no match for a global event. Wars, natural disasters, and political events may block trade in certain parts of the world. When these incidents occur, organizations may struggle to...
by Operations Council | Nov 6, 2024 | Sustainability
Sustainability is the way of modern business. It boosts customer satisfaction, helps companies increase profitability, and saves the environment. Organizations that follow sustainable practices in operations can get a leg up on the competition and become industry...
