article thumbnail

Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

This year (2020) when they cancelled the Tournament, they stand to get 144 mil $ from Insurance company. Diversify supplier base : Supply chain should not be overly dependent on long lead-time or on a small pool of specific suppliers or sourcing regions. Identify sourcing plant/s which can back-up each other in times of disruptions.

article thumbnail

3 Supply Chain Trends to Keep an Eye on in 2020

AIMMS

2020 seemed a world away just a few years ago and yet, here we are. Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. The post 3 Supply Chain Trends to Keep an Eye on in 2020 appeared first on AIMMS SC Blog.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. Build-In supplier network redundancies: Single-source dependency is high risk. Analytical talents are open minded and critical thinkers.

article thumbnail

New Study Shows Global Trade Compliance Is Not Slowing Down Any Time Soon

Logistics Viewpoints

Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions. Driver #3: Supply Chain Innovations The Supply Chain industry has been undergoing significant changes since 2020, prompting solution providers to adapt their products to navigate these challenging times.

Study 274
article thumbnail

5 Early Indicators Your Embedded Analytics Will Fail

Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. But by then, it may be too late. In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.".

article thumbnail

Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Costs reduction of sourced materials is one way to drive down costs but manually conducting price lookups on multiple options for hundreds of products can prove untenable very quickly.

article thumbnail

LogiSYM—Vietnam Digital 2020 – LogiSYM December/January 2021

The Logistics & Supply Chain Management Society

2020 has been the year of virtual conferences and meetings for most of us. On 1st and 2nd Dec LogiSYM held its Vietnam 2020 Digital event on a platform called AirMeet. This collective source of rich knowledge, industry experience and market buzz, is a very unique opportunity and one which has made this event a great success.

Vietnam 211