The CGN Edge Blog

Additive Manufacturing 'Destined for a Niche Role in Aftermarket Supply Chain'

Understanding the Challenges of Spare Parts Business

Today’s spare parts businesses face increasing complexity and competition. OEMs deal with low volume and high part variants. The growing list of variants leads to massive warehousing, a large inventory of obsolete parts. Additionally, intricate logistical efforts are needed, because products must be distributed and transported over long distances with high requirements, in terms of delivery and date reliability. It is becoming critical for companies to focus on supply chain integration, including internal constituents (allied functions) and external trading partners (contract manufacturers, suppliers, transportation carriers, and logistics providers).

Digital Trends: Time for Change

“The greatest danger in times of turbulence is not the turbulence — it is to act with yesterday’s logic.” - Peter Drucker

 

By Akshay Balachandran

 

DIGITAL TRENDS

According to Forbes:

  • 1% of data is currently being used effectively
  • Data usage will grow to 4% with use of artificial intelligence (AI)
  • 2 years for blockchain to be easily implemented in applications beyond cryptocurrency
  • 40% of businesses will adopt "chat-bots," with enhanced capabilities by the end of 2019

Creating Lean Supply Chain & Logistics

Understanding Lean Supply Chain & Logistics

Many clients, and organizations that CGN Global works with, are in a constant cycle that pushes them to improve their business to gain a competitive advantage.  Organizations consistently feel stress to reduce costs, time, and staggering inventory levels.  One way proven to improve an organization substantially is a supply chain process known as Lean Supply Chain & Logistics.

A Deeper Understanding of A Customer's Habitat

A customer is an integral part of any business, and developing a long-term relationship is paramount for any business. The sustainability of a business, through its highs and lows, is deeply impacted by its ability to maintain a healthy relationship with the customers. This has resulted in many businesses developing an exceptional customer relationship strategy.