Remove Examples Remove Global Remove Innovation Remove Supply Chain Software
article thumbnail

Digital Megatrends – Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

Digital megatrends – Shaping Supply Chain Innovation. Confronted by supply chain disruptions, companies were mired in deep uncertainty in 2021. According to a McKinsey report, supply chain disruptions cost the average organisation 45 per cent of a year’s profit over a decade.

article thumbnail

Global Supply Chain Recovery Dependent On A Vaccine

Supply Chain Shaman

The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. However, supply chain leaders well understand that drug discovery, manufacturing, and distribution are all necessary to deliver the vaccine to a willing arm. As a result, the supply chain, as we knew it is dead.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Artificial Intelligence: An Essential Tool for Digital Supply Chains

Enterra Insights

Why hasn’t artificial intelligence fully transformed supply chains? 1] Their answer: “The root cause of the problem lies not with technology but with how and where companies are applying it.” What’s propelling these successes are automation, artificial intelligence (AI), and machine learning (ML).”[2].

article thumbnail

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

Logistics Viewpoints

Supply chain resilience is a hot topic the last few years since post-Covid issues and newsworthy incidents like the Houthi attacks in the red sea have raised awareness. The bridge collapse is a stark reminder of the vulnerability of the nation’s aging infrastructure and the importance of supply chain resilience.

Baltimore 250
article thumbnail

Evaluating Innovative Technology with Warehouse Simulation

Logistics Viewpoints

For this reason, supply chain solutions have become an integral part of business strategies to cope with these ever-increasing complexities. However, there is the difficult question of which technology to implement to make better use of your warehouse. Use of technology. Examples of use. Physical space.

article thumbnail

My Failure Of Using Design Thinking To Drive Supply Chain Innovation

Supply Chain Shaman

Supply chain management is a team sport. Just as there are many flavors of sports teams, there are many types of supply chains. The supply chain is also a team sport needing clear goals, rules, and coaches. When a company attempts to automate processes without clarity, problems ensue.

article thumbnail

Driving Visibility, Intelligence, and Agility through Supply Chain Technology on Cloud

The Logistics & Supply Chain Management Society

Driving Visibility, Intelligence, and Agility through Supply Chain Technology on Cloud Whether we are talking about healthcare, food, or fashion, the supply chains which convert the raw materials to finished goods are getting more and more complex. The next question then becomes: Is your product demand predictable?