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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. Even air transportation from the east is taking longer time as several carriers are avoiding Russian airspace and the conflict-torn region.

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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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Supply Chain Design Crosses the Chasm

Logistics Viewpoints

The product flow paths and modes of transportation altered radically as well even without accounting for any network node changes, owing to port closures or shortages in various transportation lanes. Taxes and tariffs can be modeled, and tax efficient supply chains can be designed. This capability will be game changing.

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Holiday Supply Chains: Are you prepared?

Logistics Viewpoints

This means transportation costs account for up to 8% of the sale price of a pair of shoes, as compared to 1% just three years ago. Retailers have been used to long lead times over the last two decades, especially for the categories they source from Asia. All this will further throw the demand mix outside of the historical norms.

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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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Why Digitalizing Sourcing is a Must for Supply Chain Resilience

Logistics Viewpoints

The key to this lies with sourcing. Before diving further, let us define what sourcing is. Sourcing is the practice of finding and selecting suppliers for a range of services (e.g., transportation, warehousing) or materials – direct, indirect, MRO (Maintenance, Repair, and Operations), goods for resale.

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Supply Chain Design: A Tool to Help Maximize Value

Logistics Viewpoints

The purpose of data aggregation is, on one hand, to minimize the number of records you’ll be working with and, on the other hand, to reflect critical business patterns: order prioritization, customer segmentation, sourcing logic. If we have 1,000 customers in reality, we might use only ten customers in the model when we aggregate data.