Remove Article Remove Data Remove Definition Remove Digital
article thumbnail

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 full 9% have not yet begun to actively implement digitalization.

article thumbnail

Exploring the Divergence of Warehousing: Bridging the Gap Between Physical and Digital Realms

Logistics at MPEPS at UPV

In both the physical and digital worlds, certain terms seem to have overlapping meanings, yet they often diverge significantly in practice. One such example is the concept of warehousing, which, despite having a shared fundamental definition of a place to store goods, takes on nuanced interpretations within different contexts.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The role of ship agents and shipbrokers in a digital shipping environment

Shipping and Freight Resource

DEFINITELY NOT AN EASY OR SMALL JOB AND CERTAINLY NOT FOR THE FAINT OF HEART. ALSO DEFINITELY NOT AN EASY OR SMALL JOB AND CERTAINLY NOT FOR THE FAINT OF HEART. The below article by Mikael Lind , Research Institutes of Sweden (RISE), Jonathan C. A business landscape at change.

Digital 94
article thumbnail

Big Data: The Driving Force of Supply Chains

Morai Logistics

Industry experts believe that supply chains must continue to utilize Big data to improve efficiency, transparency and immediacy. . In 2012, the New York Times published an article entitled “The Age of Big Data”. Experts in the field of supply chain and logistics, consider data to be an asset in optimizing operations.

article thumbnail

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

Logistics Viewpoints

In a recent article on Forbes, Steve Banker points out that less than 25% of executives believe that their IBP process helps decision making and effective cross functional trade-offs that help the P&L of the company. Capabilities you should be looking to real world data modeling. Mathieu Linder is Vice President at Blue Yonder Inc.

article thumbnail

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. Generative AI is first trained on a foundational model and then fine-tuned with human feedback and additional data. Its responses are based on data it has consumed and a resultant powerful prediction mechanism. What is Generative AI?

article thumbnail

What Are the Functions to Expect of Transportation Management Systems in Logistics?

Turvo

There has been a definitive increase in the number of shippers working to harness these new TMS functions and capabilities. It Analyzes Data Across the Full Network to Enable Financial Planning and Strategy. As a result, faster fulfillment and greater transparency are achieved thanks to better data analysis.