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Importance of Digitalisation to Improve Supply Chains: Helping Businesses Navigate Through Supply Chain Disruptions

The Logistics & Supply Chain Management Society

Applying innovation to supply chains, combines innovative technologies like the Internet of Things (IoT), analytics, and robotics to supply chain management to improve performance and meet customer demands. Here are some important technologies for the digitization of the supply chain. Internet of Things (IoT). Cyber Security and Risk.

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Baltimore Bridge Collapse: An Opportunity to Reinforce the Importance of Supply Chain Resilience

Logistics Viewpoints

The port handles about 11 million tons of cargo per year, including automobiles, containers, coal, and farm products. For example, a redundant supply chain may have safety stocks, contingency contracts, multiple sourcing, and diversified networks to ensure the availability and continuity of supply.

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Traceability: Meet your food before your first bite!

Global Trade Management

This highlights the growing importance of traceability in meeting consumer demands and building trust in the food industry. Critical information such as ingredient sources, processing and packaging facilities, transportation routes, and points of sale are documented.

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What’s going on with global supply chains: A primer for the casual consumer

Freightos

A third of all cargo is carried in passenger planes. So to meet capacity, airlines started to convert passenger planes into cargo planes at scale. In the last quarter of 2020, it became clear cargo rates weren’t coming down anytime soon. And it’s not just ocean freight. Credit: Lufthansa ).

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CSR Initiatives in the Global Supply Chain

The Logistics & Supply Chain Management Society

The overarching rule that all actions taken are meant to meet the needs of the present society without compromising future generations’ ability to meet their own needs, is a key driver. From just being environmentally friendly, it has become a holistic framework that encompasses the environment, social and corporate governance.

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How to Manage Supplier Risk and Performance in an Uncertain Global Economy

ivalua

It is critical to have full visibility across all your suppliers and knowing everything about them matters, because this may be the difference between meeting customer demand and falling short of it. Establish an onboarding process for new suppliers and use third-party data sources to assess them against requirements and goals.

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Elastic Logistics is a more flexible approach to meet the client’s needs

Procurement Academy

Platform keeps all stakeholders connected simultaneously to get reliable visibility to their cargoes. Source: Logistics 4.0 The post Elastic Logistics is a more flexible approach to meet the client’s needs appeared first on Skilldynamics. If yes, then the Elastic Logistics approach is right for you!