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How New Supply Chain Technologies Are Boosting Efficiency

ShipBob

But today, these technological advancements are becoming a reality and transforming the logistics industry. With on-demand logistics on the rise (due to high standards and expectations around accurate, fast, and reliable delivery), technology continues to play a tremendous role in supply chain efficiency.

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3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Read more. . Read More. .

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Logistics Predictions: How Did We Do in 2022 and What Will 2023 Look Like?

Logistics Viewpoints

Near the end of 2021, I had the chance to make the early call on Logistics Viewpoints on what 2022 would look like across five major logistics themes. Source: Descartes Datamyne. Theme 5: Machine learning (ML) will go mainstream in supply chain technology. Figure 1: U.S. Somewhat nailed it.

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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These challenges require a strategic and systematic approach to overcome them.

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Building a Circular Supply Chain

TransAudit

Network Design Today’s supply chain networks optimize for linear material flows. Capturing value after the initial use is not generally part of the process and processes are not designed for reverse logistics in many cases. But, circular supply chains require cost-effective ways to recapture products to extract value.

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The Trends Shaping Supply Chain and Logistics: Takeaways from Descartes Evolution 2017

Talking Logistics

What is the #1 technology topic Descartes CEO Ed Ryan gets asked about? Drones and its future in supply chain and logistics processes. Logistics Excellence: Now & in the eFuture. Will this include drone deliveries? pic.twitter.com/rDXqt2Q7rV. Descartes (@DescartesSG) March 28, 2017. million in FY 2012 to $203.8

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11 supply chain management best practices

Taulia

For example, a digital SCM platform can simplify supplier management and offer increased supply chain visibility while also offering centralized access to solutions like supply chain finance (SCF), which they can use to strengthen their working capital position. Here’s how.