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5 Steps to Address the Rising Geopolitical Risks to Your Supply Chain

Logistics Viewpoints

This kind of disruption causes major dislocation in the sources of demand and shifts the centers of gravity for demand, forcing organizations to rethink their supply chain design. Switching to alternate sources of supply or modes of transportation should be considered as appropriate, and such alternates should be activated on a short notice.

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5 Recommendations towards a Resilient S&OP

Logistics Viewpoints

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

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Procurement and Supply Chain are Smarter Together – Practical Use Cases

Logistics Viewpoints

Building optionality in the supply chain through collaborative sourcing: Supply chain teams can proactively identify choke points within the existing network by leveraging emerging technologies such as digital twins and advanced analytics, and modeling their end-to-end supply chains. This can in turn benefit Tier 2 suppliers and beyond.

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Self-Checkout Turns Customers into Employees and Employees into Security Guards

Enterra Insights

Humble at Deerfield Beach, Florida-based company CheckRobot Inc., This trend has represented significant financial loss for retailers, with average annual loss from this source alone exceeding $102,000 for a typical grocery store with 12 self-checkout lanes.”[3] with NCR Corporation having the largest market share.

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Your Must-Have Gartner Debrief: The 4 Key Takeaways from Gartner Supply Chain Symposium/Xpo 2023

ToolsGroup

Gartner Supply Chain Symposium/Xpo 2023 has wrapped up its 3-day event in Orlando, Florida. These often included: Collaborating more effectively with suppliers: More organizations are embracing a more holistic supply chain strategy by knowledge-sharing with suppliers to align on lead times, forecasts, and buying projections.

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

Logistics Viewpoints

Cooper uses this solution to improve their service levels and operational efficiencies. Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. Last summer a hurricane was coming up through the Gulf and across the Panhandle of Florida.”

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This Week in Logistics News (October 8 – 14)

Logistics Viewpoints

All Mars’ products in Europe to be sourced with 100% sustainable cocoa. Mars Wrigley has declared that from 2023, 100 percent of the cocoa purchased for its direct factory operations in Europe will be verified as “responsibly sourced cocoa.” And now, on to this week’s logistics news. Amazon abandons autonomous home-delivery robot.