Fluctuations in raw material prices, new laws, supply chain disruptions – the external conditions for purchasing and procurement are challenging. Companies must continuously find a good balance between costs, quality, sustainability and rapid responses to market changes. Predictive Analytics offers an advanced solution for making precise prognoses and responding effectively to these challenges. In this blog article, we explain how this works and what opportunities it opens up for strategic risk management.

With the concept of Corporate Social Responsibility (CSR), ever more companies are fulfilling their responsibility to make a positive contribution to ecological and social development. This responsibility also extends to the logistics sector, where issues of sustainability and ethics are coming to the fore: In short, contemporary supply chains should be designed to create long-term ecological, economic and social value, minimize environmental impact and improve the working conditions of people along the supply chain. In this article, we discuss how companies use CSR to design sustainable supply chains and which areas can be optimized.

Bypass Solutions can increase a company’s operational efficiency and have a significant impact on customer satisfaction: By allowing goods to be accessed before their final delivery – for example in response to the situation in the Red Sea or changing market conditions – they provide an answer to the high requirements of the volatile logistics environment. In this Q&A, Ralf Boelicke, Head of Product & Partner Management at Hermes International, explains how Bypass Solutions work in practice and what challenges can arise during implementation.

Digitization has significantly transformed many industries in recent years – not least the freight forwarding sector. Cloud-based platforms in particular are becoming increasingly important in the logistics industry, which is characterized by tight timeframes and complex supply chain activities. Cloud technology enables freight forwarders and other service providers to operate more efficiently by improving communication along the supply chain and thus optimizing processes. So how are operational activities improved through the use of cloud-based systems? And what effect do they have on collaboration across companies and national borders?

Transparency along the supply chain is not only important from an efficiency perspective. It’s also crucial for consumer confidence and sustainable development: After all, modern companies are facing the challenge of ensuring that their supply chain is designed not only efficient in terms of costs and time, but also environmentally and socially responsible. This responsibility requires companies to report transparently on their efforts in order to gain and maintain the trust and support of their stakeholders. In this article, we shed light on the role sustainability reports play in this context.