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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 hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. blockchain), and video-based collaboration/content sharing.

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13 Warehouse Types: Definitions, Functions & Examples

Conger

This accounts for 15% of the total warehousing industry in the US. Geological Survey. Looking for a private warehousing definition? Now that we’ve covered private warehouses, let’s give a public warehouse definition. Government Warehouses. Federal government uses up 15% of all warehousing space in the country.

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What does ‘on-time, in-full’ (OTIF) mean in the consumer sector?

PINC

The problem is that there is no standard definition for OTIF. These differences matter,” McKinsey says in its report, noting that effective supply-chain collaboration depends upon a precise, common understanding of delivery-performance expectations. Survey Says…. A common definition for OTIF would also: Create a common view.

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Building Profitability with Agility while Digitally Transforming the Supply Chain

Logistics Viewpoints

In my Logistics Viewpoints article in January 2021, “ The New Definition of Supply Chain Agility and Resilience in an Unpredictable World ”, I highlighted that modern supply chains must be built on a foundation of extreme agility and responsiveness. In fact, it may lead to increased variable costs. It should also be shared downstream.

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What are the true causes of ongoing supply chain disruptions?

SYSPRO Smarter ERP

A recent SYSPRO survey shows that only 45% of businesses have looked at systems to address supply chain disruptions and just 44% have investigated technologies that enable collaboration with external suppliers and customers. The focus has been on internal efficiencies over external collaboration.

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This Week in Logistics News (June 24 – 30)

Logistics Viewpoints

The Environmental Protection Agency last week announced the highest-ever targets for a federal program that requires oil refiners to blend biofuels into the nation’s fuel mix, though the targets were lower than the ethanol industry had expected. small businesses, from bodegas to florists, to deliver its packages by the end of the year.

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The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.