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Using Technology to build Sustainable Supply Chains

The Logistics & Supply Chain Management Society

Technology plays a key role in helping companies manage supply chain risk and underpins processes that improve sustainability. IDC also forecasts that by 2023, 30 percent of Asian enterprises will ship freight using a SaaS-enabled platform, resulting in improved efficiencies in load matching and reduced shipping costs.

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Supply Chain Design: A Tool to Help Maximize Value

Logistics Viewpoints

A company can choose to maintain a high level of costly inventory to ensure short lead times, and a family can decide to live farther away from work and school but buy a bigger house. For it to be an optimal solution, a mathematical model needs to be used. That model can then be used to analyze every new situation that arises.

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Definitions Matter

Supply Chain Shaman

The supply chain space is heavily laden with acronyms, gobbledygook, false narratives, and over-hyped, fast-talking technology sales teams. I have built five such systems for companies. Use of order patterns to execute a route guide in Transportation Planning (TMS)–route planning, pooling of less than truckload, and load tender.

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What is Supply Chain Management? A Guide to Success

SCMDOJO

We’ll also delve into the importance of technology and data analytics in optimizing supply chain operations. From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey.

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Conquer Inventory Challenges in the Era of Supply Chain Disruption

Logility

It’s a complex problem, but you can successfully optimize inventory levels with the right approach and technology. With all of today’s supply chain disruptions, and new ones no doubt lurking around the corner, companies without optimized inventory are risking overpaying and underperforming. Inventory Optimization Challenges.

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Unlocking Insights with Life Cycle Inventory Analysis

SCMDOJO

This is where the Life Cycle Inventory (LCI) comes into play. In this article, we dive deep into the world of Life Cycle Inventory, exploring its significance, methodology, and applications. What is the Life Cycle Inventory (LCI)? It includes determining the purpose of the study, the system boundaries (i.e.,

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When Old Technology is Cutting Edge: The One-Year Anniversary of ChatGPT and the Benefits of AI in the Supply Chain Industry

Enterra Insights

Developed by Open AI as a large language model-based chatbot, the LLM allows end users to generate texts, code, and images. That’s raised myriad questions about how this powerful form of technology will potentially impact all of humanity. One such challenge is what supply chain model should be adopted.