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Supply Chain’s Next Decade of Dealing With the Unknown

MIT Supply Chain

The inaugural post appeared on March 4, 2014, and was about the rising status of the supply chain profession. Some events and trends driving the supply chain’s standing back in 2014 remain just as influential in 2023. Decisive phase But some of the 2014 challenges we still witness today have become more urgent.

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Data Quality: Your Digital Transformation Depends on It

Logistics Viewpoints

When you’re ingesting and synthesizing data from dozens or hundreds or millions of sources (as most sophisticated platforms do nowadays), you will see duplicated records, incomplete fields, formatting inconsistencies, different languages, different units of measurement. And better data science leads to better business outcomes for customers.

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Why is o9 Solutions Growing So Fast?

Logistics Viewpoints

The company launched their platform in 2014. Planners in China rely on different data sources and operate with different business practices than those in North America. But, of course, over the course of a month the demand and supply pictures change. There is no one source that can provide good sustainability data.

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From Real-Time Visibility to Real-Time Decisions: Data’s Value Is Propagating Across Global Supply Chains

Logistics Viewpoints

That’s when you can course correct in any number of ways that make your business more efficient and your customers happier. He founded FourKites in 2014 after recognizing pain points in the logistics industry and designing elegant and effective systems to address them. In other words, visibility is an enabler.

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The New Normal: Predictions for Retail in 2021

ToolsGroup

On the supply side, in 2014, I remember that DHL was talking about resilience where everyone was wondering what that really meant and how to set up the risk management globally. On the other hand, of course, as the consumer was not so focused on other industries, we had a slight decrease also there.

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Supply Chain Risk Report: Ukraine-Russia Conflict

Resilinc

Of course, business disruptions cannot be weighed on the same scale as the deaths and human suffering that would result from a war. Oil prices have risen to well over $90 a barrel — their highest levels since 2014 — in recent days as fears of war have grown,” reported the New York Times last week.

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Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

” Hau Lee, October 2014. To change course, learn from history, to unlearn to rethink outcomes. The advancements in analytics–open-source, cloud, internet-of-things (IOT), and cognitive computing–are very promising. Harvard Business Review. For most, this requires a supply chain redesign. Maturity in Analytics.