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Resilience by Design: The Power of Simulation in Supply Chain Strategy

Logistics Viewpoints

That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions. Another strategy is to dedicate resources and build the best algorithm for demand forecasting. While this sourcing strategy is the most cost-effective one, the business might not want to operate like that.

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When to Switch From In-House to Managed Logistics Transportation Services

GlobalTranz

The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past. Shippers should consider the following as indicators for when to add an outsourced managed logistics transportation services provider.

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Build Supply Chain Resilience with a Diverse Sourcing Strategy 

Logility

And they’ve had little to no time to recover from raw material and labor shortages, supplier and factory failures, transportation delays, and rising costs while encountering unpredictable demand. Developing Diverse, Resilient Sourcing Strateg ies. This approach to supply chain planning may be a significant paradigm shift.

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This Week in Logistics News (March 9 – 15)

Logistics Viewpoints

And now on to this week’s logistics news. Hundreds of vessels have diverted to longer routes, resulting in delivery delays, higher transportation costs and economic wreckage for local communities. One source said that the strategy could be announced Tuesday. Whatever you plan to do this weekend, we wish you a Happy St.

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Why Digitalizing Sourcing is a Must for Supply Chain Resilience

Logistics Viewpoints

The key to this lies with sourcing. Before diving further, let us define what sourcing is. Sourcing is the practice of finding and selecting suppliers for a range of services (e.g., transportation, warehousing) or materials – direct, indirect, MRO (Maintenance, Repair, and Operations), goods for resale.

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This Week in Logistics News (April 13 – 19)

Logistics Viewpoints

And now on to this week’s logistics news. Some of the robots zip around the hulking facility transporting pallets of merchandise fresh off delivery trucks. But Amazon is on track to purchase by next year as much electricity produced by solar, wind and other carbon-free sources as it uses to power its operations.

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How Machine Learning is Transforming Logistics

Logistics Viewpoints

ARC Advisory Group engaged in an informative discussion with Derek Gittoes, VP Supply Chain Management Product Strategy at Oracle , as part of ARC’s Digital Supply Chain Forum. Derek recently authored an article on Logistics Viewpoints describing recent advancements in logistics predictability through the application of machine learning.