Katalyst Technologies

  • In an era where supply chains are getting digitized to meet customers’ expectations, it is imperative to improve all the allied functions for synergistic output. WMS is one such cost center that can impact profits if not managed strategically.

  • On October 21, SAP & Microsoft announced their alliance under Project Embrace, where the tech giants will collaborate for SAP S/4 HANA’s cloud adoption through Microsoft Azure.

  • Third-Party Logistics is a massively growing industry worldwide. As per Grand View Research, the global 3PL market size is expected to reach $1.2 trillion by 2025, with a CAGR of 7.5%. Considering the demand for 3PL services, players in the industry are investing in technology-driven logistics software to bolster their tech portfolio. 3PL providers are leveraging disruptive technologies to enhance their distinctive competencies.

  • Rise in global retail eCommerce and the successful B2C model has led B2B large enterprises and SMBs to replicate it on the B2B eCommerce platforms. The aim is to primarily bring the superior tech-driven shopping experience of retail eCommerce to B2B eCommerce and using collaborative software to interface with customers. By 2030, it’s expected that 90 percent of global manufacturing organizations will use B2B eCommerce digital solutions.

  • There has been no dearth of headlines focusing on cloud-based enterprise solutions, including Cloud ERP. As more and more organizations across the world are shifting their ERP systems to the cloud, it is a well-established fact that the ERP of the future is in the cloud. Major players in the industry like SAP, Oracle ERP Cloud, and Microsoft Dynamic 365 Cloud ERP are offering cutting-edge, customized solutions to cater to the needs of large enterprises, SMEs, and startups.

  • Contract manufacturing services market is expected to grow exponentially in the coming years, with just the electronics contract manufacturing services expected to reach USD 554.2 billoin by 2026. Besides this, pharma, retail, automotive industries are bound to make the manufacturing market burgeon at a rapid pace. 

  • ERP has transformed from being a resource management software to a critical system that has the capability of affecting the bottom line of businesses while boosting customer satisfaction. With the emergence of disruptive technologies, ERP takes care of complex processes making businesses more competitive and responsive. Thus, when firms decide on implementing ERP, it can’t be an ad-hoc process executed in isolation.

  • A random Google search for the number of ecommerce websites across the world throws up the count as between 12 to 24 million. Of these, only about 110,000 are making a sizeable revenue worth mentioning. While this indicates a phenomenal potential for the growth of ecommerce, it also subtly highlights the fact that the ecommerce websites not extending to their full potential are the ones that have not focused on maintaining their site.

  • Third-Party Logistics provider (3PL or TPP) companies are independent experts who manage end-to-end logistics for companies who do not have their own warehouse and distribution facilities.With the trend of outsourcing thriving in recent years, more and more companies are opting for 3PL services to add value to their supply chain without investing in necessary infrastructure. To address the growing demand 3PL firms have found value in aligning their systems with clients’ ERP to achieve efficiency in managing their supply chains and deliverability.

  • With the emergence of Industry 4.0 – a fourth industrial revolution characterized by disruptive tech forces like Robotic Process Automation, Artificial Intelligence, and Internet of Things – logistics industry is also going through a significant transformation. They are employing robots, drones, blockchain, and RFID tags to increase their capabilities to support smart systems adopted by firms across their supply chains.

  • The accuracy, data integrity, and immutability are some of the characteristics of Blockchain that when applied to supply chain management, can bring radical transformation, making supply chains transparent than ever before.