article thumbnail

VUCA Emerging Trends in Supply Chain Management

American Global Logistics

That's what managing today's supply chains often feels like. The VUCA Reality of Global Supply Chains The year 2024 has already thrown its fair share of curveballs at supply chains. The VUCA Reality of Global Supply Chains The year 2024 has already thrown its fair share of curveballs at supply chains.

article thumbnail

ToolsGroup/Engage Alliances Summit 2023 Launches New Era for ToolsGroup and Its Global Partners 

ToolsGroup

ToolsGroup’s sprawling partner network celebrates a history of collaboration and innovation while springboarding into the next generation of AI-powered supply chain transformations. Our holistic approach helps companies find unique solutions to complex supply chain challenges,” said Richard Barkevall, CEO.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Optimizing Inventory Is About Improving Service While Lowering Inventory. Wait, What?

ToolsGroup

One of the hardest parts of my job is helping customers get to grips with complex, counterintuitive supply chain concepts. Equally mystifying to people is the concept of inventory optimization. – Don’t you have to raise inventory levels to guarantee service levels?” A better way: Inventory mix optimization.

article thumbnail

Two Kinds of Supply Chain Risk and How to Prepare for Them

ToolsGroup

When most people think of supply chain risk, they often think about the impact of major unforeseen “headline grabbing” events - like the tsunami in Japan impacting automotive supply chains or horse meat making its way into British beef supplies. However because of (our software) operating so autonomously ….,

article thumbnail

The Impact of the Red Sea Ship Attacks on Global Supply Chains and Logistics

Resilinc

Understand how the recent Red Sea ship attacks are impacting global supply chains and how to mitigate potential risks. In this blog, we will look at the supply chain and logistics impact of the Red Sea ship attacks and discuss what businesses can do now to preserve supply chain resilience.

article thumbnail

Supply Chain Matters This Week in Supply Chain Tech- March 17 2023

Supply Chain Matters

The Supply Chain Matters blog features our March 17, 2023 edition of This Week in Supply Chain Management Tech , a synopsis of noteworthy supply chain management focused technology news. After our published edition last week , we are providing another edition because of an accelerated tech news cycle.

article thumbnail

Top 20 Verified Supply Chain Experts You Can Hire

SCMDOJO

Effective supply chain management is essential for success in the dynamism and connectivity of modern companies. To accomplish this, you require the skills of supply chain experts who can manage the complexity and difficulties of today’s global supply chains. They come from a variety of backgrounds.