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What is Supply Chain Resiliency?

Logistics Viewpoints

Your organization’s ability to anticipate disruption, adapt to events, and build resiliency is rooted in how you maintain operational continuity. A wide range of events could prevent your supply chain from operating normally, but not all events have an equal impact. The average cost of a data breach reached $3.86

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What Shippers and Retailers Need to Know for Peak Season Planning 2022

The Logistics of Logistics

Weather events might also be factors. With Russia exporting many critical commodities, Deloitte explained, there are insufficient raw materials for supply and manufacturing use. Today, the shipping peak season is still a march toward the holidays, but that march is now at a breakneck pace and subject to massive volatility.

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Beware the Swinging Pendulum on Supply Chain Inventory Practices

Logistics Viewpoints

planning offers an alternative to swinging the pendulum and as the strategy that provides the supply chain resilience leaders seek. Change can creep imperceptibly, so sometimes it takes a major event to wake us up. Increasing critical parts inventory can be a smart strategy (e.g. A change to one link (e.g. on-time delivery).

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

Logistics Viewpoints

Geopolitical events. Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts. In a 2018 survey by GEODIS, only 6% of supply chain professionals worldwide believed their companies had achieved supply chain visibility ? Natural disasters.

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Labour-saving technology on display at IMHX

Logistics Business Magazine

With the high cost of human labour prompting more and more logistics companies to seek ways of working that rely less on people, interest in automation is greater than ever at this year’s IMHX , says Event Director, Rob Fisher. The post Labour-saving technology on display at IMHX appeared first on Logistics Business® Magazine.

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Savvy Supply Chain Leaders Aren’t Letting a Good Downturn Go to Waste

Logistics Viewpoints

And a FourKites survey of 350+ supply chain leaders tells us that the past few years of supply chain disruptions — including COVID-19, market volatility, global political conflict, material shortages and extreme weather events — drove 73% of respondents to begin investing in supply chain visibility, with 46% planning to invest more in 2023.

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How manufacturers and distributors can address supply chain management challenges

SYSPRO Smarter ERP

Supply chain management (SCM) systems help businesses to manage the flow of goods and services right from the sourcing of raw materials, to delivering finished goods to the customer. SCM solutions provide oversight of materials and products, and their associated data, as they move through the supply chain from supplier to consumer.