Neglecting supply chain logistics and using unsophisticated systems was common before the pandemic. The shock that 2020 applied to the global supply chain underlined the need for better logistical solutions. One example of such a logistical solution is demand management software, which automatically calculates the need for product, the correct time to place orders, and then executes the orders on its own. This saves time and work while improving performance, which is critical for smaller companies that lack the manpower of giants like Amazon. Read full article here
Research
Improving media literacy could boost trust towards the news, IMPRESS report suggests
The UK media is regulated by the likes of IPSO and Ofcom. The report by press regulator IMPRESS highlights the link between low levels of media literacy and trust in the news. The study found that three quarters of those who did not know if journalists were regulated did not trust the news. It suggests that improving media literacy is one way to stem the erosion of trust, and shows that audiences have an appetite for information on news processes. Stakeholders need to collaborate in order to rebuild trust in the news, and independent media is well placed to do this. Read full article here