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

Logistics Viewpoints

And what is sitting in the warehouse. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. He founded FourKites in 2014 after recognizing pain points in the logistics industry and designing elegant and effective systems to address them. And at the cross-dock.

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Reimagining Logistics: Focusing on What’s Ahead, Not What Happened

Logistics Viewpoints

Across many of our industries, conventional wisdom about best practices for supply chain operations and logistical networks is being challenged. The percentage of purchases made and fulfilled through digital commerce has exploded in the past two years, advancing a pre-pandemic trend by as much as 10 years according to some industry watchers.

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Defining the Roadmap for FY2022

The Logistics & Supply Chain Management Society

We have seen many roadmaps and associated transformation exercises fail. Access to data to support decision making needs to be at our fingertips, and not require a significant exercise taking days to report. It is critical to ensure that the process evolution can be achieved when creating the roadmap. MORE FROM THIS EDITION.

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Supply Chain Design Crosses the Chasm

Logistics Viewpoints

Pop up warehouses, micro fulfillment centers, and warehousing-on-demand are all examples of how the nodes are becoming increasingly dynamic. However, with the new generation technologies, it now is practical to keep the data feeds fresh to make the modeling exercises a continuous, ongoing discipline.

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What is Supply Chain Resilience?

GlobalTranz

In 2020 companies across virtually every industry faced supply chain disruption due to COVID-19. Orchestrating the efforts of suppliers, manufacturers, truck drivers, warehouses, retail employees, and other critical links in the supply chain was no small feat. 2020 Was A Year Of Supply Chain Disruption. Overall, U.S.

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

This strategy, however, may incur additional warehousing and storage costs, and firms may experience accounting challenges where an inventory is considered an asset, which could affect cash flow. Firms could store products that attract tariffs in bonded warehouses until they are required. Operational strategies. Buying forward.

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Supply Chain Design: A Tool to Help Maximize Value

Logistics Viewpoints

Moreover, this exercise might need to be repeated several times depending on how the war proceeds. We can use this same method to represent customer orders, suppliers, manufacturing sites, warehouses, transportation assets, and all other agents that you have in your company’s value chain.