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The New Definition of Supply Chain Agility and Resilience in an Unpredictable World

Logistics Viewpoints

Prior to 2020, every supply chain in the world was challenged by increasing levels of demand unpredictability and market volatility. The definition of agility and resilience will continue to evolve. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially.

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What does Corporate Social Responsibility Really Mean?

Logistics Bureau

I like to quote the following definition of CSR , offered by Chatham House associate fellow, Paul Hohnen. Examples of CSR Programmes. It is always helpful to look at some concrete examples when exploring complex topics. Example #1: Lego. Example #2: Salesforce. Example #3: TOMS. You get the idea.

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Why freight is a commodity

FreightWaves SONAR

The Oxford English Dictionary provides two definitions: A raw material or primary agricultural product that can be bought and sold, such as copper or coffee. These definitions are broad and yet still somehow insufficient. COMEX) in 1933, where traders would meet to exchange options to buy and sell commodities.

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Companies Improve their Supply Chains with Artificial Intelligence

Logistics Viewpoints

Let’s start with a definition: any device that can perceive its environment and takes actions that maximize its chance of success at some goal is engaged in some form of artificial intelligence (AI). It is also worth pointing out, that based on this definition, not all forms of machine learning are particularly complicated.

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5 Paths to Better Supply Chain Visibility

Now, That's Logistics

Once you’ve come up with a few ideas, meet with internal departments, Tier I vendors, logistics providers, and other stakeholders to discuss these problem areas. For many manufacturing and distribution organizations, for example, inventory management may be the pain point most worthy of attention.

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Top Takeaways from Coupa Inspire

Logistics Viewpoints

The supply chain design solution, for example, continues to grow in depth and usability. In fact, when Coupa acquired LLamasoft – the leading supply chain design software vendor – back in 2020, the product synergies were not at all clear to me. Coupa meets this definition.

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7 Key Strategies To Keep Up With Changing Last-mile Customer Expectations

Locus

The above statement is spot on, largely because of its subtext: Customers spend their money elsewhere because they are not happy with how companies meet their expectations. Take last-mile deliveries for example. When e-commerce was in its infancy, people were more forgiving around meeting delivery times. – Statista, U.S.