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How Supply Chain Orchestration Can Help Prevent Drug Shortages

Logistics Viewpoints

Forecasting for new drugs isn’t easy , and it is unlikely anyone could have predicted what a runaway success these weight loss drugs were, but one thing that might have narrowed the gap is demand sensing, which uses AI to add external signals to sales history to predict future demand. Has that changed?

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Getting Started with AI in Supply Chain

Logistics Viewpoints

What AI has been able to do for years is find patterns and make predictions at a scale far beyond our human cognitive capacity, such as forecasting for a retailer with billions of sales records and millions of items. AI can accomplish tasks humans couldn’t do before, and do them better and faster, saving time and money.

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Halloween 2021 Predictions

Enterra Insights

Halloween Predictions. According to the National Retail Federation’s annual survey conducted by Prosper Insights & Analytics, “Consumer spending on Halloween-related items is expected to reach an all-time high of $10.14 4] Staff, “ 2021 Halloween trends ,” National Retail Federation, 2021. [5]

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Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I also worked with a team of leading thinkers in developing the Future of Procurement Report (published by KPMG) , as well as publish the BVL International Global Logistics Trends and Strategies report with a team of leading academics and executives in Europe, China, North and South America, Russia, and India.

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5 Lessons from the Desert for the Future of Supply Chain Resiliency

Logistics Viewpoints

But more importantly, they increase resilience by mitigating the risks from climate change, which the McKinsey Global Institute predicts will be more significant than the pandemic. Reducing reliance on scarce raw materials, reusing existing materials, and recycling those at end of life alleviates strain on sourcing in a constrained world.

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Who is the Supply Chain Planner in the Age of AI?

Logistics Viewpoints

The most recent McKinsey Global Survey on AI shows a 25% increase in use by companies over the prior year, a trend that shows no signs of slowing. This development is so promising that McKinsey predicts demand for what they call AutoML practitioners to be double that of data scientists. At this pace, have we entered the Age of AI?

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Ripped from the Headlines: Supply Chain Trends in the News

Talking Logistics

In today’s “Ripped from the Headlines” segment, I revisit these trends through the lens of recent news articles. I wrote about this emerging trend in Keeping Control: What 3PLs Must Convince Their Customers (March 2014). Ralph Lauren to Bring Management of Distribution Site In-House (WSJ- sub. an arm of XPO Logistics Inc.—into