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

Logistics Viewpoints

Geopolitical events. The definition of agility and resilience will continue to evolve. The creation of a new digital ecosystem has enabled these and other changes that will shape the definition of supply chain agility and resilience in the 2020s and beyond. Natural disasters. Tariffs and trade regulations. The rise of ecommerce.

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Predictive analysis: How it improves supply chain visibility

20Cube Logistics

Predictive analysis, today is part of all major business operations and processes to help forecast trends, events and to find solutions for complexities. With forecasting the future supply chain and logistics events, the companies can be in a competitive position and prevent any monetary loss. billion USD to 12.4

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Is It Time to Move Beyond the Traditional Approach to IBP?

Logistics Viewpoints

Event-driven IBP – technological capabilities to monitor internal and external events (Supply Chain Control Tower) in real time. Contextualize and quantify event impact and be able to trigger re-plan in an integrated supply chain planning solution to create an executable and feasible plan.

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Generative AI in Supply Chain: How It Impacts Your Logistics

Trinity Logistics

Now, there’s a lot of definitions out there, but here’s how I define it. For example, a robot in a warehouse that results in a physical action, or it could just be something as small as, if this event takes place, then make this phone call or change this data. Biggest one is data analysis. What is Generative AI?

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End of 2022 Sees More Good News in the Areas of Trade and Shipping

MTS Logistics

As the Federal Reserve has continued to battle inflation by raising interest rates again in December 2022, we can expect inflation to continue on a downward trend. There were definitely some challenges, like the last-minute winter storm that snarled air travel in many parts of the U.S.

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6 Inventory Control Techniques for Stock Optimization

EazyStock

Firstly, let’s get a few definitions: What is inventory control? Trends: Product demand is influenced by fashion, technology, social, economic and legal factors. Look out for such trends in your historical demand data and adjust your forecasts accordingly. ABC analysis, will help with this. Know your star products!

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Importance of Supply Chain Visibility

20Cube Logistics

With rising complexity in the supply chain (companies going global with resources scattered across different cities at different countries and companies using different modes for transportation and shipping), having a high supply chain visibility definitely ease the process and reduce the complexity with improvement in accuracy. .