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Until AI Can Solve this One Simple Task, I Wouldn’t Worry About It

Logistics Viewpoints

Experts have recently warned about the possibility that artificial intelligence (AI) could lead to the destruction of 400 million jobs by 2030. It also suggests that the total value delivered by AI will be more limited than consultants from McKinsey are forecasting. This is known as ‘flow through.”

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Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

Most companies cannot get to data by customer on orders shipped incomplete to understand root cause analysis. In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. Let’s take an example.

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A River Runs Through It…

Supply Chain Shaman

Shifting demand increases cost and complexity while shaping demand increases market share or baseline forecast demand for the product. There are many misconceptions that must be challenged: 1) Demand Management Is Forecasting. 2) One-Number Forecasting. Demand for products/services is not unlimited. It is finite.

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Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. This is 15 days longer than the same quarter last year and an additional five days than the previous quarter.

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Is A Customer-Centric Strategy the Same as Demand-Driven? Outside-In?

Supply Chain Shaman

It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. In contrast, the traditional supply chain forecasts using historical orders and adjusts based on sales forecasting. The sharing forecasts in supplier relationships is of little value. Order Policy.

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Go Green or Go Home: Why Sustainability in the Last Mile is Crucial for Your Business

Locus

dollars by 2030 , increasing at a compound annual growth rate of 21.6% from 2022 to 2030. At the same time, the demand for urban last-mile delivery is forecast to grow by 78% by 2030 , leading to 36% more delivery vehicles in the world’s top 100 cities. billion U.S. Customers prefer green companies. Book a demo with us!

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5 Signs You Need Advanced Supply Chain Analytics to Make Better Last-Mile Decisions

Locus

Final-mile delivery contributes to 53% of the total cost of shipping. Need for prediction and forecasting As a dispatcher or stakeholder, it is necessary to contribute to the strategic decisions of your business. Cost is the primary obstacle to attaining a healthy profit margin from last-mile delivery operations.