article thumbnail

What Lessons a Table Fable Teaches About Supply Chain Orchestration

Logistics Viewpoints

I work in supply chain. If I had done due diligence, I’d have seen the warnings – the retailer had pretty pictures on their website, but their supply chain failed them, creating an eleven-month saga and unhappy customer. The failure was in supply chain orchestration – connecting planning to execution.

article thumbnail

Better Ways to Address Trade-Offs with Supply Chain Optimization

Logistics Viewpoints

Malcolm McLean, a trucker from North Carolina, was tired of waiting. He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. The myth of the “perfect plan”.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Beware the Swinging Pendulum on Supply Chain Inventory Practices

Logistics Viewpoints

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Why tell this story?

article thumbnail

Top 15 Logistics Stories of 2023

Logistics Viewpoints

Often times at Logistics Viewpoints, we like to look to the future and highlight the key trends that we see in a given market, or make predictions about what technologies will emerge as game changers in the new year. 5 Supply Chain Predictions for 2023 ; Dr. Madhav Durbha ( Coupa Software ) So much has changed in a year!

article thumbnail

What is Supply Chain Visibility and Why Isn’t It Enough?

Logistics Viewpoints

In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. What is supply chain visibility?

article thumbnail

Why Supply Chain Convergence is Critical to Greater Agility and Resilience

Logistics Viewpoints

Having an effective supply chain practice has always been a difficult balancing act, even in relatively stable times. The pandemic has exposed flaws in business practices across industries, which have been acutely felt in their supply chain and procurement operations. Gap between supply chain and procurement.

article thumbnail

Latest Advances and Applications in the Internet of Things (IoT) Technology

DELMIA Quintiq

The IoT, along with artificial intelligence, machine learning and cloud technology, has been one of the most important trends in high-tech over the past couple years. The Rise of 5G Technology. The rise of 5G technology is the first advance we will talk about. Edge Computing. Smart Stores.