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The New Definition of Supply Chain Agility and Resilience in an Unpredictable World

Logistics Viewpoints

Prior to 2020, every supply chain in the world was challenged by increasing levels of demand unpredictability and market volatility. The sudden onset of COVID-19 only reinforced a lesson that supply chain professionals had already realized: uncertainty is the only real certainty. There are Also Commercial Reasons.

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Mastering Demand Planning: Best Practices and Tools for an Efficient Supply Chain

10xLogistics

I am continuing my series on simple definitions and thoughts in Supply Chain Management. Demand planning is a critical component of supply chain management that predicts customer demand to optimize inventory, ensure on-time deliveries, and manage production schedules efficiently.

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Generative AI in Supply Chain: How It Impacts Your Logistics

Trinity Logistics

Businesses constantly seek innovative solutions for their supply chains to streamline operations, reduce costs, and enhance customer experience. I’m going to answer that question for you as well as offer some practical insights into how you should be implementing Generative AI in your supply chain. What is Generative AI?

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Data Quality: Your Digital Transformation Depends on It

Logistics Viewpoints

In a prior post , I wrote about the various ways data is transforming global supply chains. Data is the raw fuel of digital transformation and the linchpin to accelerating industry collaboration, automation, predictive insights and so many more cutting-edge capabilities (including those yet to be invented).

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Emerging Trends in Automation: What it Means to Supply Chains

GlobalTranz

This example generates a huge amount of data that can leverage in the supply chain. But, the same data can have a drastic impact on transportations planners and agencies around the globe. The Standard Definition & Components of Automation: Today: There is a standard definition of automation in the supply chain.

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Supply Chain Industry Fears for 2023

Logistics Business Magazine

Container xChange has released a Container LogTech predictions report for 2023, which highlights important global trends that the shipping and supply chain industry will witness in 2023. In that case, it will cause disruptions in global supply chains. ‘‘Two, Reportedly, it’s projected to reach $1,789.74

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Technology Trends in Road Freight

GoShip Blog

Certain trends in the transportation and trucking industry are placing a focus on certain road freight technology. What are the key technology trends in road freight? This, in turn, leads to data-driven decision making, which 93% of companies believe to be the most efficient supply chain strategy. Automation .