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How Supply Chain Orchestration Can Help Prevent Drug Shortages

Logistics Viewpoints

Supply chain orchestration enables seamless collaboration All this tinkering undoubtedly involves effort from across the supply chain, from sales to procurement to manufacturing to distribution and more. Planning together allows companies to reduce excess inventory that builds up when they plan sequentially.

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What Lessons a Table Fable Teaches About Supply Chain Orchestration

Logistics Viewpoints

The issue wasn’t poor planning – they had the inventory. Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck. Once a return was triggered in the system, information flows failed. In February 2022 I ordered a lovely midcentury modern table.

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Getting Started with AI in Supply Chain

Logistics Viewpoints

Workers from picking and packing to planning and procurement are in short supply, stimulating interest in increasing productivity of the existing workforce. That AI-enhanced demand forecast is truly powerful when it immediately informs supply, reducing the latency to keep them in concert.

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The Greenest Mile: Planning’s Role in Supply Chain Sustainability

Logistics Viewpoints

If we don’t plan better, efforts in procuring sustainable palm oil, making medicine with less carbon, or delivering to customers with electric vehicles can still be built on top of inefficient processes that waste the savings we made. Information trade-offs made to absorb unpredictable volatility force supply chains to buffer.

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5 Supply Chain Collaboration Essentials to Mitigate Disruptions

Logistics Viewpoints

Supplier problems will cause a cascade of problems up and down the value stream, leading to supply order delays that cause inventory shortages, production disruptions, missed shipments and lost revenue. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

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Better Ways to Address Trade-Offs with Supply Chain Optimization

Logistics Viewpoints

Malcolm McLean, a trucker from North Carolina, was tired of waiting. Imagine you are a high-tech manufacturer with more inventory in stock than your forecasted production volume, which puts you in good company, since US manufacturers’ inventories continue to rise. Now that’s an ROI!

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The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.