article thumbnail

Digital Megatrends – Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

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. According to a McKinsey report, supply chain disruptions cost the average organisation 45 per cent of a year’s profit over a decade.

article thumbnail

The Importance of Transparency in Supply Chains

Enterra Insights

.” You might be thinking, “That sounds like supply chain visibility. What’s the difference between transparency and visibility?” Logistics providers market benefits of visibility and transparency, but it has many customers wondering what exactly the difference is between the two terms.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Who said supply chains are boring?: Using GPS to track cargo.

Supply Chains Rock

They are an innovative producer of high quality sweeteners, breath mints and semi-pharmaceutical products, has begun working with arviem to improve its global supply chain visibility for trade lanes between China and Europe. 4 comments: logistics malaysia. About.com - Martins Logistics Blog. SCM Blogroll.

Cargo 100
article thumbnail

The Supply Chain’s Vision Problem

Enterra Insights

Supply chain visibility remains elusive despite decades pursuing it. Arnaud Morvan states a simple truth, “It’s difficult to see, measure and improve what’s happening across the supply chain.”[1] ”[3] Rajamanickam touches on the most important element of supply chain visibility — digitalization.

article thumbnail

Transforming Global Supply Chains

Enterra Insights

Improve supply chain visibility. Journalist James Burman writes, “If you want to get ready for the future, connecting your entire supply chain is the first step. … To get more visibility and control of the entire process, you want to collect data from suppliers and distributors to a single dashboard.

article thumbnail

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

The world of supply chain and logistics is changing every day. Each one is featured as having done something unique to reinvent their supply chain and logistics. For discount retailers like Burlington, the supply chain is often a competitive advantage — and thus a secret recipe for success.

article thumbnail

What Kind of Visibility Into Your Supply Chain Do You Really Need, and How Do You Get It?

Oracle SCM

As late as the late 80s, at least for the majority of North American companies, supply chains were predominantly local and, perhaps, nationwide at most. Most companies weren't buying from China or Taiwan or Malaysia like they are today. How has supply chain visibility changed in the past decade?