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

Logistics Viewpoints

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. A Positive Example. There are Also Commercial Reasons. The Road to Agility and Resilience.

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Top Takeaways from Coupa Inspire

Logistics Viewpoints

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The supply chain design solution, for example, continues to grow in depth and usability. Coupa meets this definition. The use cases just keep expanding.

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Inbound Logistics: Everything You Need to Know

3PL Links

We will address the following topics in this article: Inbound logistics definition and significance. Strategies for efficient inbound logistics that you can use in your business. Allows for performance analysis. Inbound Logistics Strategies. Examples of Inbound Logistics Strategies.

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Data Quality: Your Digital Transformation Depends on It

Logistics Viewpoints

I like the simplicity and clarity of Informatica’s definition of data quality: Data quality refers to the overall utility of a dataset(s) as a function of its ability to be easily processed and analyzed for other uses. So, what is quality data? What makes good data go bad? And what can you do to stop it before it’s too late?

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Inventory Optimisation: How Much Stock is Right for Your Company?

Logistics Bureau

It’s a good one to consider, and perhaps an appropriate stimulus for companies to review inventory performance and revise their strategies. Using the previous example, dividing 365 days by 10 gives you 36.5 Today, the question is more about how much inventory is sufficient to safeguard the supply chain from disruption.

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What are the true causes of ongoing supply chain disruptions?

SYSPRO Smarter ERP

There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to truck all goods to the East Coast. The analysis is mostly on point; however, the blame does not lie with Lean.

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6 Inventory Control Techniques for Stock Optimization

EazyStock

Firstly, let’s get a few definitions: What is inventory control? ABC analysis is a good inventory control technique to segment your warehouse stock based on the value it brings to the company. ABC analysis, will help with this. Fine-tune your stock replenishment strategies. Know your star products! Supplier lead times.