Remove articles global-logistics-july-2015
article thumbnail

What is Economic Order Quantity & its Advantages

SCMDOJO

The aim of this article to show that while the Economic Order Qty (EOQ) is a well-known model, it has its limits. Bowersox, Supply Chain Logistics Management. Bowersox, Supply Chain Logistics Management. 312; Bowersox, Supply Chain Logistics Management. Bowersox, Supply Chain Logistics Management. References.

article thumbnail

Digital Supply Chains Require People, Processes, and Technology

Enterra Insights

Although portions of the supply chain are functioning well, many consultants believe a true transformation is needed in order to make the global supply chain more resilient. ” Articles about the need for flexible or agile supply chains abound. Such a transformation will take time, effort, and, of course, money.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Modernizing Your Supply Chain is Not Enough

Enterra Insights

You must throw out how things have been done in the past and reinvent your business, supply chain and logistics processes.”[3] ” Yossi Sheffi ( @YossiSheffi ), Director of the MIT Center for Transportation & Logistics, goes even further. ” NPR, 18 July 2016. [2] Footnotes. [1] 9] Michael C. 9] Michael C.

article thumbnail

There are Seven, not Four, Important Big Data V’s

Enterra Insights

Yossi Sheffi ( @YossiSheffi ), Director of the MIT Center for Transportation & Logistics, goes so far as to assert data is an organization’s most valuable asset. ” Altimetrik, 30 July 2019. [9] 10] Staff, “ Global average cost of a data breach reached an all-time high of $4.35

Big Data 130
article thumbnail

This Week in Logistics News (December 8-12, 2014)

Talking Logistics

Pentant provides its shipper and logistics service provider customers with a reliable and secure connection to both CHIEF (the central UK Revenue & Customs system) and ICS (the European Union Import Control System) to streamline declaration, cargo security and clearance processes.

article thumbnail

Walmart: 3 Keys to Successful Supply Chain Management any Business Can Follow

GlobalTranz

This “invisible” part of Walmart’s business is a logistical and supply chain management and the practices they employ should give supply chain managers pause to take a bit out of their day and inspect what Walmart is doing in order to mimic into the supply chain manager’s own practice. ” Walmart states early on.

Gartner 120
article thumbnail

This Week in Logistics News (January 8-12, 2018)

Talking Logistics

Well, I could turn to an AI-powered robot to my write my post for me (see Wired article, “ What News-Writing Bots Mean for the Future of Journalism ”). Or I can just wing it and go straight to the supply chain and logistics news that caught my attention this week. What can I do if I have writer’s block?