article thumbnail

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

Logistics Viewpoints

The definition of agility and resilience will continue to evolve. The creation of a new digital ecosystem has enabled these and other changes that will shape the definition of supply chain agility and resilience in the 2020s and beyond. A Positive Example. There are Also Commercial Reasons. The Road to Agility and Resilience.

article thumbnail

The Definition of Transparency

Blue Grace Logistics

As it is with most problems there is a lack of a clear and concise definition, according to an MIT study which conducted a survey of the apparel industry only to find wildly different results. Slave labor in the Thai seafood industry and deforestation in Malaysia and Indonesia are ample examples of this.

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

13 Warehouse Types: Definitions, Functions & Examples

Conger

Plenty of examples of warehousing. Geological Survey. Looking for a private warehousing definition? Now that we’ve covered private warehouses, let’s give a public warehouse definition. Perhaps the most prominent fulfillment center example is Amazon’s fulfillment centers. Their pros and cons. Let's dive in!

article thumbnail

What does ‘on-time, in-full’ (OTIF) mean in the consumer sector?

PINC

The problem is that there is no standard definition for OTIF. For example: Does “on-time” mean on the date requested by the retailer, or the date promised by the manufacturer? Survey Says…. A common definition for OTIF would also: Create a common view. So what’s the solution? 15-$20 Billion in Lost Sales.

article thumbnail

What are the true causes of ongoing supply chain disruptions?

SYSPRO Smarter ERP

There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to truck all goods to the East Coast. Hence our surprise at the findings of the global survey above. .

article thumbnail

The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. For example, are you still a minority owned company?

article thumbnail

Key Warehouse & Contract Logistics Trends from 2020

Now, That's Logistics

In September, for example, warehouse employment reached the highest level ever recorded, with 1.25 What may be a “hot item” online one week, for example, could be replaced by another option the following week. “As These and other factors contributed to some definite pivots in the contract logistics space in 2020.”.