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From Real-Time Visibility to Real-Time Decisions: Data’s Value Is Propagating Across Global Supply Chains

Logistics Viewpoints

The paradigm is shifting from foundational visibility to real-time decision-making, with positive implications for supply chain teams spanning sourcing & procurement, to production, to yard & DC operations and beyond. He lives in Chicago. Why is this shift such a big deal? We don’t have to think back very far.

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The Counter to Constant Supply Chain Volatility Is Pervasive Visibility and Industry Collaboration

Logistics Viewpoints

From there, we can upgrade supply planning systems, streamline procurement, revamp warehousing and distribution and, perhaps most importantly, enable collaboration across vast networks of supply chain partners to keep goods flowing. He lives in Chicago. The ROI will only multiply with visibility into supplies and goods from end to end.

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Savvy Supply Chain Leaders Aren’t Letting a Good Downturn Go to Waste

Logistics Viewpoints

While many companies assemble great sourcing and procurement teams when it comes time to renegotiate freight contracts, they often fail to provide good documentation that allows them to negotiate from a position of strength. He lives in Chicago.

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Better Inventory Management Requires International Suppliers To Step Up to Digital Transformation and Collaboration

Logistics Viewpoints

By integrating order data, load information across modes, yard shipments and the like, internal departments can turn to a single source of the truth and more accurately manage various aspects of the lifecycle. Inbound/procurement teams could view SKUs at facilities with low days of supply, and drill into orders in the yard with low SKUs.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Because Russia and Ukraine are leading exporters of grain, wheat futures in Chicago rose by almost 6% to $9.26 Image source: Financial Times.

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This Week in Logistics News (April 2 – 8)

Logistics Viewpoints

Chipotle Mexican Grill says its goal to source and sell chicken that’s certified as humanely raised has been delayed because its suppliers weren’t able to make the necessary changes without disrupting supply. At the same time, the number of suppliers in China that received procurement bids declined by 9 percent in 2021.

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Supply Chain Matters News Capsule Follow-up: Regulator Approves Canadian Pacific Merger with KCS and Added Rivian Development

Supply Chain Matters

In this update, we note the approval of a significant merger involving North America rail service and an additional development involving Amazon and Rivian Automotive related to an ongoing EV parcel van delivery contract. wide inter-city passenger rail network.