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Freight Procurement is a Different Game

Logistics Viewpoints

That factory also aims to rapidly process the raw materials into product. Any shipment moving from Siloam Springs to Bentonville, Arkansas, for example, would be one lane. An RFP is a data intensive exercise. This made the data analysis easier. On the inbound side, it was highly reliant on spreadsheet data.

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BD Achieves End-to-End Supply Chain Visibility

Logistics Viewpoints

In a conversation with Everstream’s chief data officer, the executive told this writer that the company was using artificial intelligence (AI) and Big Data to solve this n-tier problem. The company had access to huge amounts of trade data, for example. It is not enough to have data; you need the right kind of data!

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Who’s Using Blockchain in 2020, and How?

Logistics Bureau

De Beers’ Tracr can provide provenance data for diamonds and track them from the mine to the retail outlet. Examples of Blockchain in Food Supply Chains. The result of the collaboration is the Food Trust Blockchain , a distributed ledger solution capable of recording data associated with more than a million individual products.

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Reverse Logistics: Who Does it Well?

Logistics Bureau

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ However, remember that products or subassemblies that never made it out of the factory may need to travel backwards one or more stages along the supply chain. Reverse logistics is therefore worth doing, and worth doing properly.

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Reality check

Automotive Logistics

Many early examples have focused on warehouse management and product picking, but, as the technology improves and the range of products on the market increases, there is some evidence that the use of this technology could go much further. . Simon Woodward, head of accelerated innovation and digitalisation, DHL Supply Chain UK and Ireland.

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8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. A disciplined approach to the collection, cleansing, and standardisation of supply chain data. So if you want to be sure of business success, review your supply chain strategy.

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How manufacturers and distributors can mitigate disruption in the global supply chain

SYSPRO Smarter ERP

For example, one of the main problems with Asian-US trade is that all container ship deliveries are now routed to the West Coast, even though the bulk of America’s manufacturers are based on the East Coast. Use data to improve operations. To assist with the short-term solution, the answer is an extensive data-gathering exercise.