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How to Manage Supply Chains as a Manufacturer with Automation and AI

Locus Robotics

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. In some settings, IoT devices can detect defects and notify staff of quality control issues.

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Supply Chain Matters Editorial Commentary- Notions of Rethinking Global Supply Sourcing Strategies

Supply Chain Matters

In this Supply Chain Matters editorial commentary we address the dichotomy of revisiting supply chain strategic sourcing strategies in the wake of a rapidly changing l landscape of challenges. Strategic Sourcing Shifts Away from China. Basis of Materials Strategic Sourcing. Background.

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Continued Disruption and Added Cost Inflation Reflected in Key Global Transportation and Logistics Indices in March and Q1 2022

Supply Chain Matters

We now add highlights of March and Q1-2022 key global transportation and logistics indices. Global and Domestic Transportation and Logistics Indices. Global Shipping. Shipping Transit Timeliness. The Flexport Ocean Timeliness Indicator tracks average ocean container shipping transit times.

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7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.

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Global Supply Chain Disruptions: Covid-19’s Ripple Effect Continues + 5 Changes Needed for 2022

ToolsGroup

I’ve worked in the supply chain for 30+ years, working for major retailers including Kmart, Michaels and Five Below, as well as on the 3PL and logistics side with companies including FedEx, where I was Vice President of Global Transportation, and UPS, where I worked as Vice President of Supply Chain Design. Image source: Bloomberg.

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Realties of Declining Global Trade and Transport Rates More Evident

Supply Chain Matters

Carriers and logistics services providers experienced windfall profit levels in their ability to leverage the constant disruptions and ship deployment imbalances into skyrocketing spot rates, added services fees, surcharges or demurrage penalties. Barclays in-turn cut 2023 earnings estimates for Maersk and Zim Integrated Shipping Services.

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7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.