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Digital Transformation: An Imperative for Industrial Manufacturing in 2017

GlobalTranz

A GT Nexus study found 75 percent of respondents describe digital transformation of the supply chain as “important.”. That same study found only 5 percent of those surveyed were very satisfied with their digital progress so far. Harnessing Big Data. Digital transformation leverages tools to help manage a business better.

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The Data Needed to Transform Supply Chains

Talking Logistics

Again and again, digitization and data were at the heart of panel and networking conversations. Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed. Supply chain leaders are wanting their organizations to be data-driven.

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Scaling the Supply Chain: A Comparative Analysis of Logistics in SMEs and Startups

Logistics at MPEPS at UPV

To provide a comprehensive overview, the author draws from various academic studies, reports, and surveys to shed light on the latest trends and best practices in supply chain management. A recent study by the World Bank (2020) found that SMEs face higher logistics costs as a percentage of sales (21.3%) compared to larger firms (16.9%).

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Where Does Supply Chain Design End and Planning Begin? (Takeaways from LLamasoft’s SummerCon 2017 Conference)

Talking Logistics

It was a strategic/tactical analysis, disconnected from day-to-day operations, and the software tools were difficult to learn and use. In short, the manufacturer realized some time ago that it was setting inventory policies based on outdated lead time and forecast data. What would this “next generation solution” be? Source: LLamasoft.

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Selecting new software for supply chain network design doesn’t have to be a hassle

AIMMS

84% of respondents in a 2017 study stated that they want an affordable network design solution, but only 54% of them thought available tools meet their price expectation. Drawing on Lora Cecere’s research again, companies are still thinking in transactional terms and not focusing enough on planning data.

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Selecting new software for supply chain network design doesn’t have to be a hassle

AIMMS

84% of respondents in a 2017 study stated that they want an affordable network design solution, but only 54% of them thought available tools meet their price expectation. Drawing on Lora Cecere’s research again, companies are still thinking in transactional terms and not focusing enough on planning data.

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Today’s Freight Capacity Crisis: Where Do We Go from Here?

Talking Logistics

Solving the challenge and underlying issues will require focus and attention to internal processes, better communication with carriers and partners, and using technology to gather and make sense of the vast amount of data flowing through transportation networks. That all changed with the summer of 2017. Focus on the Right Data.