article thumbnail

Digital Megatrends – Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

Digital megatrends – Shaping Supply Chain Innovation. In the logistics circles, this is known as the bullwhip effect which surfaces from a sudden spike or drop in and can significantly affect profit margins. But delays in supply, production and shipment can be managed by planning for a more resilient response.

article thumbnail

2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Logistics and inventory management rounds out the top four focus areas at 82 percent. Other critical functions include order management, manufacturing, and product development.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Analytics Platforms Empower Better Logistics Data Management & Decisions

Intelligent Audit

Logistics managers must juggle many tasks regularly. Logistics data management remains essential to keeping the supply chain network profitable. However, many management teams still struggle with this concept. That’s always vital for shipping managers to embrace a new and innovative approach.

article thumbnail

Supply Chain Data Management: Making Data Make Sense for Supply Chain Planning

Logility

In addition, it’s difficult to manage data for a fast-paced, global supply chain, especially considering that 75% of supply chain data originates outside the ERP system. This complexity creates risks of miscommunication and disruption, often involving incorrect or incomplete data. SCDM is the Answer.

article thumbnail

The Role of Innovation in Business Growth and Success

American Global Logistics

In the rapidly evolving global business landscape, innovation has emerged as a critical determinant of success and a catalyst for growth. This article aims to shed light on the profound role of innovation in fostering business growth and success. Apple is a prime example of continuous product innovation.

article thumbnail

The Outsourced Supply Chain with Hannah Kain

The Logistics of Logistics

In 2020 she was featured as a Business Insider Top 100 People Transforming Business, recognized as a Top 10 Women in Logistics by Global Trade Magazine, and won the SDCE Women Leaders in Supply Chain award. Hannah was named an SDCE 2023 Supply Chain Pro to Know and 2021 WE USA Top WBE CEO.

article thumbnail

Robots Take Center Stage at MODEX 2024

Logistics Viewpoints

MODEX is the leading trade show for supply chain, logistics, and material handling solutions in North America. Examples of Supply Chain Robots at MODEX 2024 Several exhibitors at MODEX 2024 showcased their innovative solutions for supply chain robotics, demonstrating the diversity and potential of this field.