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Track the Supply Chain Metrics that Really Matter

Precoro

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

The seemingly miraculous capabilities of generative AI systems like ChatGPT (large language models, or LLMs, generating novel text and code), Dall-E (generating novel images), and Alphafold2 (protein structure prediction) come from exploiting this scale.

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How to Implement AI in Your Supply Chain: A Real-world Guide

ThroughPut

It’s no wonder that a KPMG study has found that 50% of supply chain organizations plan to invest in artificial intelligence (AI) applications and advanced analytics capabilities through 2024. Instead, start by documenting current processes and identify issues. That said, implementing AI in your supply chain can be a daunting task.

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How to Implement AI in Your Supply Chain: A Real-world Guide

ThroughPut

It’s no wonder that a KPMG study has found that 50% of supply chain organizations plan to invest in artificial intelligence (AI) applications and advanced analytics capabilities through 2024. Instead, start by documenting current processes and identify issues. That said, implementing AI in your supply chain can be a daunting task.

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Your Expert Guide to Inventory Audits: Best Practices & Tips 

ShipBob

Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years. This documentation accounts for any units that are in transit and also in case anything is lost or damaged in transit.

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Seeking Logistics Perfection

Enterra Insights

Even when companies have been generally successful in reducing the number of imperfectly fulfilled orders, the high cost of the very small percentage of orders that aren’t filled completely, on time, damage-free and with all proper documentation and invoicing remains a vexing problem.”[1] Technology is getting lighter. Footnotes. [1]

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What Is An Exception In E-Commerce Delivery?

Locus

A survey predicts that e-commerce sales in India will hit the $100 billion mark for the first time in 2023. As a result, it increases your warehouse storage and delivery logistics costs. Other important reasons for incomplete deliveries are missing documentation, incorrect labeling, inaccurate geocoding, and miscommunication.