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The Evolution of Asset Management: Humans, Inventory and the Rise of AI

The Logistics & Supply Chain Management Society

The Evolution of Asset Management: Humans, Inventory and the Rise of AI by Jeroen Hendriks , Director at Art of Supply Chain Sdn Bh In the ever-evolving landscape of organisational success, the spotlight is now on asset management. However, inventory is also an essential asset for many businesses.

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Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.

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Are Our Agri-Food Supply Chains In Crisis?

The Logistics & Supply Chain Management Society

COVID and related measures have shown the world the high degree of interdependence of countries for their basic food supply, risks of lean supply chains where inventories in the supply chain have been reduced or eliminated, and the fragility of this global agri-food supply chain architecture to disruptions.

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

Many companies buy forward inventory ahead of tariffs being implemented. This strategy, however, may incur additional warehousing and storage costs, and firms may experience accounting challenges where an inventory is considered an asset, which could affect cash flow. Operational strategies. Buying forward. Conclusion.

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Industry Supply Chain Implications to Slower Economic Growth Across China

Supply Chain Matters

The lack of momentum in China based manufacturing has had a discernable contractionary impact on other regions, especially Taiwan and Malaysia. The latter Taiwan PMI index has been in negative territory for over a year and overall business confidence levels across Malaysia ’s manufacturing sector sunk to levels not recorded since July 2021.

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Evidence That Manufacturers are Seeking Added Resiliency and Control of Supply Networks

Supply Chain Matters

the strategies were exploring nearshoring of prior foreign production, diversifying supplier networks and adding additional contingency inventories. Investment firm Pimco indicated that countries such as India, Vietnam and Malaysia would benefit from China Plus sourcing actions. For those businesses located in the U.S.,

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Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

Even in Malaysia, retail sales during Christmas and Chinese New Year showed an 26.5% Communication tools like order tracking, cloud-based shipping and ordering, and radio frequency identification (RFID) chips, enable real-time visibility of orders, shipments, and inventory.