Remove Data Remove Examples Remove Meeting Remove Supply Chains
article thumbnail

Data-driven Decisions for Flexible Supply Chain

Logistics Business Magazine

It can equip teams with better, more comprehensive data that can be used to make meaningful business decisions to maximise flexibility and opportunities for growth. Strategic stock management One of the crucial areas in which businesses can leverage data to enhance flexibility is stock management.

article thumbnail

2022 Supply Chain Predictions

Logistics Viewpoints

ARC analysts have published predictions about supply chain technology trends at the beginning of the year in past years. Supply Chain Disruptions Will Diminish, but Remain Substantial. Supply Chain Disruptions Will Diminish, but Remain Substantial. We expect direct impacts to diminish in 2022.

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

Building a Circular Supply Chain

TransAudit

Today’s supply chains are still mostly linear, taking raw materials from the planet, using them, and disposing of them when they no longer have value. Supply chains at a consumer goods company, for example, make up about 80% of the company’s greenhouse gas (GHG) emissions. What Is a Circular Supply Chain?

article thumbnail

Supply Chain Shifts: Elastic Logistics Will Define Supply Chains in 2024

MTS Logistics

Logistics companies are leading a shift towards elastic logistics in a world where supply networks are becoming more intricate and uncertain. Elastic logistics is becoming a shining example of efficiency and cost savings due to its capacity to dynamically react to changing demand by expanding or reducing operations.

article thumbnail

Supply Chain Planning Maturity – How Do You Compare to Peers?

Today's supply chains are networked, global ecosystems. The COVID-19 pandemic is an extreme example of how this unfolds in practice. How prepared are supply chain teams to react and recover from a planning maturity stance? Time allocated to data collection: Data quality is a considerable pain point.

article thumbnail

Is the “Autonomous Supply Chain” a Pipe Dream?

Logistics Viewpoints

IBP is a collaborative process involving diverse business functions that is designed to balance demand against supply in a manner that maximizes the goals of that company. This is, at many companies, a month-long process that produces a supply chain plan that spans out over several months – often 24 or 36 months.

article thumbnail

Editor’s Choice: 5 Supply Chain Management Success Factors for CPG Companies

Logistics Viewpoints

Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article comes from Erin Sun at Oracle and identifies five supply chain success factors CPG companies need to know for increased profitability.