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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. In the logistics circles, this is known as the bullwhip effect which surfaces from a sudden spike or drop in and can significantly affect profit margins.

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Supply Chain Visibility in Foggy Times

Enterra Insights

Supply chain professionals, like military professionals, often find situational awareness an elusive goal. Over a decade ago, Cecere wrote, “As we enter the world where data is more available from trading partners, we can navigate across the supply chain into customer’s customers and supplier’s suppliers.

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BD Achieves End-to-End Supply Chain Visibility

Logistics Viewpoints

Further, the day after BD mapped an extended supply chain, things would begin to change, and the risk map would become less and less accurate. They would go to a Tier 1 manufacturer and ask them to identify the Tier 2 suppliers for the parts that went into a specific component.

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Obstacles to Multi-Tier Supply Chain Visibility!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Supply Chain Visibility – An Overcomplicated Challenge! A recent Deloitte survey estimated only 15% of CPO’s have visibility beyond their tier one suppliers. I found this striking that there is so little multi-tier Supply Chain visibility.

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ToolsGroup Improves Supply Chain Visibility, Usability, and Power in the Mid-Year Enhancements To SO99+

ToolsGroup

GranTerre has been a ToolsGroup customer for many years, and we value their commitment to innovation,” said Massimo Corradi, Supply Chain & Logistics Director, GranTerre. “We We are excited to see these enhancements to SO99+ and the improvements they will bring in visibility, explainability, and power.”

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2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

With the continued challenges facing supply chains, that is no surprise. Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Logistics and inventory management rounds out the top four focus areas at 82 percent. Supply chain visibility emerged as a close second for 2024.

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REPOST: The Tive Story with Krenar Komoni

The Logistics of Logistics

Krenar is the CEO and founder of Tive , a leading provider of real-time supply chain visibility insights that help logistics professionals actively manage their in-transit shipments’ location and condition. Most recently, Krenar founded the Global Supply Chain Visibility company Tive and serves in the CEO role.