Remove Course Remove Industry Remove Meeting Remove Survey
article thumbnail

Why Planning and Forecasting are More Important Than Ever

Now, That's Logistics

When sales forecasts are accurate, companies know they’ll have enough product supply to meet customer demand for those goods. And even if there’s an imbalance, good forecasts allow organizations to course-correct before a real problem emerges. Then, orders are delivered late, customers are unhappy and supply chains stagnate.

article thumbnail

3 Questions from Your Future Supply Chain Talent

Logistics Viewpoints

In a white paper on “ How reinventing the supply chain can transform the planner role ,” consulting firm EY cites their research that lack of the right supply chain talent is the second highest challenge to meeting supply chain goals. As semesters unfolded, students saw course syllabi come to life in news headlines.

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

What Lessons a Table Fable Teaches About Supply Chain Orchestration

Logistics Viewpoints

As supply chains have grown in complexity and length, siloed thinking and processes are no longer able to meet this objective. A supply chain should be set up for the end-to-end orchestration of people, and physical, digital, and financial assets, to meet customer expectations and corporate goals. And employees to run them.

article thumbnail

How VR, 3D Printing & Predictive Analytics in the IOT are Currently Powering the Manufacturing Industry

GlobalTranz

According to Sundeep Sunghavi, the use of predictive analytics will save approximately $630 billion in the manufacturing industry over the next 15 years. Instead, they can use today’s information to create near real-time demand forecasts, allowing for immediate adjustment of production and distribution to meet changing demands.

article thumbnail

Building Brand Loyalty with Last-Mile Logistics

Morai Logistics

In fact, a staggering 88% of consumers who participated in the 2018 Global Consumer Insights Survey , confirmed they would pay more for ‘same-day or faster delivery’. Over the course of the past several months, Morai Logistics has highlighted a significant rise in e-commerce shopping. Delivering to E-commerce Markets. Trillion by 2021.

article thumbnail

Freight Market Intelligence: Data is crucial, but context is king

Freightos

The article presents findings from a survey conducted across over 200 global supply chain professionals to highlight how the pandemic has increased the need for freight market intelligence and how it continues to be relevant even as supply chain issues resolve. Real world, meet data. So what’s next for global freight data?

Data 62
article thumbnail

What’s going on with global supply chains: A primer for the casual consumer

Freightos

When that stopped, the industry found itself in a crunch and within just months, prices took off by some 400%. So to meet capacity, airlines started to convert passenger planes into cargo planes at scale. And, of course, when anyone buys goods in a store, part of that cost is freight. And it’s not just ocean freight.