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Generative AI in Supply Chain: How It Impacts Your Logistics

Trinity Logistics

This has significant impact when it comes to focusing a Generative AI into a particular industry, like logistics. That is one example of a public version of Generative AI. There are advances in the works to help “fact check” the tool, but you must remember whatever Generative AI does today is opaque.

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Analysis: Today’s Global Economy vs. Global Container Shipping

MTS Logistics

For example: The global GDP growth rate for 2021 was 6.02%, a 9.1% Considering higher capacity, with reduced demand, these tools have barely any impact. The post Analysis: Today’s Global Economy vs. Global Container Shipping appeared first on More Than Shipping. increase from 2020.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.

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VSM: A powerful tool to analyse process flows and logistics management of a product.

Logistics at MPEPS at UPV

Value Stream Mapping (VSM) is one of the fundamental tools of the Lean Manufacturing methodology. In this post I will explain the importance of this tool and the basic steps to elaborate a VSM by yourselves. Value Stream Mapping is a very powerful tool that allows us to understand and optimise our entire process.

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Baltimore Bridge Collapse: An Opportunity to Reinforce the Importance of Supply Chain Resilience

Logistics Viewpoints

For example, a robust supply chain may have backup power generators, firewalls, security systems, and emergency plans to prevent or mitigate the effects of disruptions. For example, an agile supply chain may have real-time data, advanced analytics, decision support tools, and cross-functional teams to monitor, diagnose, and solve problems.

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What Shipping Analytics Tools Should Freight Market Participants Have in Their Freight Stack?

FreightWaves SONAR

Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. Tracking shipment status is a core function of advanced shipping analytics tools. Download the White Paper.

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Sexify Logistics

Logistics Business Magazine

Red Bull’s Formula One HQ in Milton Keynes is an appropriate and impressive backdrop to learn why data is fuel in logistics. High performance in logistics can be maintained by extracting insights from data and taking practical steps. For example, the Dexory View dashboard enables pick face analysis of volumes.