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Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks. Materials shortages , demand fluctuations and plan t closures have led many organizations to revisit their supplier relationships, as well as distribution and production locations. Read on for common use cases. .

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Know Your Supply Chain KPIs – Procurement

Logistics Bureau

Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component. A lot will depend on the nature of your industry and the categories of supplies that you receive.

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Navigating the Produce Supply Chain

Blue Grace Logistics

Growers, shippers, and retailers with advanced supply chain strategies are earning consumer loyalty, thanks in part to the supply chain professionals who plan, execute, and adapt to the challenges posed by fresh produce. Fruits and vegetables begin their next phase along the supply chain.

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How to Select the Right KPIs for Supply Chain Benchmarking

Logistics Bureau

Well, not just for benchmarking, but also for maximum visibility of your supply chain and logistics performance. In answering that question, we’re not going to provide you with a list of possible supply chain KPIs to use in your business—at least, not in this article. How hard can that be?” I hear you ask.

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7 Key Supply Chain Leaders’ Skills and Why You Need Them

Logistics Bureau

What are the essential skills you need to possess or develop if you want to become one of tomorrow’s supply chain leaders? Is it enough to have a business-related degree and a little supply chain experience, or is supply chain leadership a vocation for which you must work hard to acquire specific qualities?

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Prescriptive Analytics: What’s Freight Management’s Next Best Action?

FreightWaves SONAR

And while leveraging a freight rate index or ocean import data to lower detention risk , the sheer size of the supply chain makes management difficult at best. Freight management is the story of supply and demand Freight management is a cycle on a macro-scale. It comes down to a simple story of supply and demand.

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2023 supply chain and logistics management trends

EazyStock

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. To make it easier, supply chain professionals must understand potential risks to mitigate their impact.