Remove Events Remove Inventory Remove Logistics Remove Sourcing
article thumbnail

Build Supply Chain Resilience with a Diverse Sourcing Strategy 

Logility

But considering how supply chains have responded and overcome high-impact global and regional events over the past couple of years, Mark Balte, Logility’s executive vice president of supply chain innovation, believes that resilience ultimately comes down to planning. Developing Diverse, Resilient Sourcing Strateg ies.

article thumbnail

National Logistics Day 2023

Enterra Insights

The staff at the Transportation Intermediaries Association (TIA) note, however, that the logistics industry plays an “out-sized — and often underappreciated — role … within the greater transportation ecosystem.”[1] These advancements demonstrate how logistics connect the world — and always have.”[2]

Insiders

Sign Up for our Newsletter

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

article thumbnail

This Week in Logistics News (October 8 – 14)

Logistics Viewpoints

Retailers are racing to tap seasonal demand as they struggle to reduce bloated inventories, and they have little choice but to offer price cuts in stores and online to entice consumers who have been hammered by this year’s surge in inflation. And now, on to this week’s logistics news. This could be a good holiday season for consumers.

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. Sourcing and Procurement In sourcing and procurement, the top focus area for 2024 continues to be supplier/vendor relationship management (SRM).

article thumbnail

Conquer Inventory Challenges in the Era of Supply Chain Disruption

Logility

It’s a complex problem, but you can successfully optimize inventory levels with the right approach and technology. With all of today’s supply chain disruptions, and new ones no doubt lurking around the corner, companies without optimized inventory are risking overpaying and underperforming. Supply chain disruption is a complex issue.

article thumbnail

The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. Buying organizations use this technology to monitor and analyze supplier risk events in real-time. I don’t need to know about Tier 2 events for my market suppliers. I have 1000s of them.

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. MODEX 2024, held in Atlanta, Georgia, from March 11 to 14, attracted more than 35,000 attendees and featured over 150 educational sessions, keynote speakers, and networking events.