Managing inventory is one of the most crucial aspects of supply chain optimization as it affects several other parts of your supply chain, including procurement, order fulfillment, and production capacity planning. This waste can keep manufacturers far away from achieving operational targets and deeply impact their logistics management system and supply chain management strategy. Needed to automate the procurement order processes. Logistics and delivery coordination. MORE

Cloud technology allows organizations to combine all supply chain and logistics information into a single, central solution. Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes. According to PricewaterhouseCoopers , AI’s potential contribution to the global economy by 2030 is $15.7 Procurement: Partnering with cost-effective and reliable vendors is vital for keeping a business running smoothly. MORE

I did not understand warehousing and transportation until reassignment to a logistics role in 1985. In the traditional supply chain world, the processes of sell, deliver, make, source, and plan are separate and distinct. The focus of APICS is manufacturing, CSCMP’s foundation is in logistics, and ISM serves the procurement organization. Economic Vision of Supply Chain 2030. Supply Chain 2030. Supply Chain 2030. MORE

For the CFO, end-to-end is a focus on transactional flows like order-to-cash and procure-to-pay. Most are clueless about driving a better-planned order flow from tactical planning to procurement or transportation planning or how to improve forecast-value-added (FVA) processes. For example, demand planning does not flow to procurement or transportation. There is a lack of focus on planning master data, and the evolution of supply and logistics networks are nascent. MORE

Managing inventory is one of the most crucial aspects of supply chain optimization as it affects several other parts of your supply chain, including procurement, order fulfilment and production planning. This waste can keep manufacturers far away from achieving operational targets and deeply impact their logistics and supply chain management strategy. They also get the ability to do a comparison and quickly reconfigure the essential material needed to procure from various suppliers. MORE

Source ID. In fact, BMW has adopted any number of digital production technologies, such as data analytics, smart logistics and 3D printing. Source ID. Source ID. Source ID. In particular, the company has been criticized for its long-time practice of using local water sources for its products. In any event, Coke has turned to technology to speed its supply chain and logistics processes, such as its use of AGVs throughout its factories and loading docks. MORE

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Luckily, the current movers and shakers of the logistics and supply chain world are all too happy to dole out sage advice in the form of blog posts, interviews, podcasts — you name it. Logistics strategies for streamlined fulfillment. Logistics personnel and supplier management pointers. MORE

The hard-hitting new report from the National Shippers Strategic Transportation Council (NASSTRAC) is titled, “ Logistics 2030: Navigating a Disruptive Decade, Year 1 – Freight Transportation ” and it is full of powerful conclusions about what shippers are facing in the coming decade as the pace of technological advancement and change continues to accelerate. Today’s transportation professionals need more than just an understanding of logistics operations. MORE

Not all disruptions are as cataclysmic as Japan’s 2011 tsunami or COVID-19, but smaller logistic and control disruptions/disconnections are happening continuously in most supply chains. 2030 vision: End-to-End supply chains that serve customers. MORE

Could we use Open Source Hadoop to process transactions across all networks with powerful in-memory processing? Another source of disappointment is the lack of capabilities in the IBP modeling engines. Traditional procurement functionality in SRM focused on improving transactional efficiency. Future of Analytics in the Building of Supply Chain 2030. Holiday travel. Packed airports and the children screaming in unison. MORE