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The 3 Pillars of Supply Chain Management (And Why Their Alignment Matters)

Logistics Bureau

For example: Alignment of strategy and cost leads to happy shareholders. From an inventory perspective then, service means maintaining an appropriate level of stock to meet your promises to your customers. Hence it’s critical to balance inventory levels and deployment strategy to meet availability and cost requirements.

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A New Era in Transport Logistics with Big Data and Self-Driving Trucks

Logistics Viewpoints

The resulting insights enable optimal transport and route management: Which routes within the distribution network should be utilized? For example, last year Germany established the legal framework to enable the introduction of self-driving trucks, And their use is already a reality in some states of the USA.

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6 Critical Success Factors in Distribution Network Design

Logistics Bureau

If you’ve followed our blog over the years, you’ll know that we’ve shared lots of information about distribution network design, why it’s vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.

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Why is o9 Solutions Growing So Fast?

Logistics Viewpoints

A graph database stores nodes and relationships instead of tables, or documents. When it comes to the constrain-based models, Mr. Gottemukkala continued, it’s not just about modeling the factories and the distribution centers. “We pioneered (the use of the graph database) for planning” Mr. Gottemukkala asserts.

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Blockchain Will Solve, Save, Cure Everything

Talking Logistics

Here are a few examples: Maersk and IBM to Form Joint Venture Applying Blockchain to Improve Global Trade and Digitize Supply Chains. In short, blockchain by itself does not solve the “garbage in, garbage out” data quality problem; you’ll still have garbage data, but in a distributed ledger that’s better encrypted and traceable.

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What is supply chain management and why is it important?

Globalior

This refers to physical facilities of all nodes related to the supply chain such as the manufacturing site, distribution centres, ports of use and even customer locations. This refers to the company’s interpretation of legal requirements and internal standards developed to meet them. The supply chain network. Ethical standards.

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What is the Difference Between Logistics and Supply Chain?

The Logistics Academy

Logistics is the connection from one node or point to another; supply chain is a series of sequential nodes or points connected to one another. Supply chain comprises all aspects of a product cycle from origin to end user, for example from farm to fork. Benn Bekic. Chief Strategy Officer, WiseTech Global. Michael Fries.