Supply Chain Brain - Supply Chain News, Analysis, Videos, …
6 days ago · Unlocking the People Potential in Supply Chain. November 14th, 2024. In this session, we will discuss how supply chains should harness the collective potential - meaning the potential of the individual, the community and technology to drive productivity, business growth and achievement of enterprise objectives. More Webinars.
Strategic Sourcing: Five Steps to Secure the Best Suppliers
Oct 8, 2020 · As organizations retool their supply chains for 2021, they have an opportunity to revisit their sourcing to put in place the structure and organization to drive the best outcomes, by following these five key steps for strategic sourcing success. Evaluate, collect data and build a …
The AI Revolution: Transforming Supply Chain and Logistics with ...
Feb 5, 2024 · Analyst Insight: The use of artificial intelligence (AI) in logistics and supply chains has increased significantly over the past several years as companies have been seeking ways to enhance decision making, streamline operations, reduce costs and improve customer satisfaction.By providing logistics and supply chain professionals with deeper insights at a much higher frequency and granularity ...
Four Steps to Managing Supply Chain Bottlenecks and Constraints
Jan 29, 2024 · The theory of constraints is a methodology for identifying key obstacles to achieving a designated goal. It involves systematically enhancing and resolving a constraint until it no longer hinders progress. By removing bottlenecks in the supply chain, companies can reduce inventory and operating expense, while enhancing throughput and overall effectiveness.
The Imperative of Multi-Tier Supply Chain Visibility
Feb 5, 2024 · The Imperative of Multi-Tier Supply Chain Visibility. Analyst Insight: The need for product-level visibility across multiple tiers of the supply chain was reinforced during the COVID-19 crisis. It’s also being driven by new regulatory requirements for environmental, social and governance (ESG) compliance, such as the German Supply Chain Act.
A Global Logistics Outlook for 2024 | SupplyChainBrain
Feb 5, 2024 · A Global Logistics Outlook for 2024. February 5, 2024. Mike Short, President, Global Forwarding at C.H. Robinson. Analyst Insight: Resilience has been a main theme since the pandemic revealed risk in supply chains that weren’t properly diversified, leaving them vulnerable to disruption and delays. While many shippers have made great strides ...
Five Key Provisions You Should Have in Your Supply-Chain Contracts
Jan 10, 2021 · Smart partnerships and relationship management are critical to every supply strategy, but the supply-chain contract is what counts when questions arise or things go wrong. Contracts set expectations, guide the resolution of disputes, and outline how and when the parties’ obligations end. Getting it right is crucial. The exact provisions of supply-chain contracts will vary depending on the ...
Four Risks Most Supply Chains Face, and Six Ways to Manage Them
Jul 5, 2021 · You also won’t be able to respond efficiently to internal breakdowns in transparency and connectivity between employees. There’s a wide variety of risks that international supply chains face. Here’s a look at what — and how — companies are managing today. Economic or political instability. Major changes in global markets and the ...
For 3M, Technology Was the Key to a New Supply-Chain Mindset
Apr 24, 2017 · 3M came to the point where an analog supply chain was no longer tenable, says senior vice president of supply chain Paul Keel. The future lay in digitization. In the case of the company’s supply chain, “legacy” meant “linear.” For years, 3M had achieved better results by hiring more people, building more plants, adding more energy.
IoT in the Supply Chain: Why Do We Need It?
Feb 21, 2024 · In the supply chain, IoT solutions can help track, manage and deliver goods. Applications can help automate or monitor specific picking and packing processes, and brands like Amazon employ solutions like this. On the other end of the scale, applications can be used to monitor the entire supply chain. For example, Volvo uses IoT to track the ...