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Autoliv’s Supply Chain Risk Management Journey

Logistics Viewpoints

in turn, is a boutique procurement consultancy. The company works hard to meet the demanding requirements for quality, innovation, and cost from their OEM customers. This intermediate step is more related to Procurement and supply chain transparency. Autoliv is the largest supplier of safety systems to the automotive industry.

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The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

GlobalTranz

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The start of any product or service is procurement, explains Jonathan Webb of Forbes Magazine , which refers to the obtaining of raw materials needed to create a product.

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The Essential Reference Guide for a Supply Chain Leader

GlobalTranz

and/or capabilities of the supplier and meet companies' short- and/or long-term supply needs. It is important to note that the above focus does not take into account short-term efforts to improve cost, quality or delivery issues with supplier(s) to meet companies’ expectations. You can read the detailed technical definition here.

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How the Three M’s Can Help You Cut Down on Supply Chain Cost

Blue Grace Logistics

You need to pick up the pace and ensure that your processes are leaner, faster, and you are equipped to meet your customer’s expectations. For example, technology helps to maximize efficiency and, in turn, increase profitability. Now, more than ever is a time for action. Putting it into Action.

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IoT Inspired Smart Warehouses Are Reinventing Inventory Management

GlobalTranz

Warehouse managers must understand why changes of standards and use of the Internet of Things (IoT) are needed and how smart warehouses can meet the demands of today and tomorrow. For example, auto-lighting LEDs, RFID, and handheld scanners can help pickers ensure the right item is picked every time.

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How VR, 3D Printing & Predictive Analytics in the IOT are Currently Powering the Manufacturing Industry

GlobalTranz

Instead, they can use today’s information to create near real-time demand forecasts, allowing for immediate adjustment of production and distribution to meet changing demands. For example, the aeronautics’ giant, Lockheed Martin, has embraced augmented reality during the manufacturing and repair processes, explains Industry Week.

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The Top 6 Trends in Logistics Impacting Shippers in 2017

GlobalTranz

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. For example, a consumer can access the Amazon Returns Center and initiate the shipping label printing and shipping of products from any internet-accessible device.