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Editor’s Choice: Why Supply Chain Design Is Not a “One-and-Done” Exercise

Logistics Viewpoints

If you’re like many organizations, you probably have made changes to your supply chain network in the past two years. This is achieved through analysis, scenario planning, and simulation with end-to-end models, fueled by AI and powerful algorithmic engines. How often do you revisit and update your supply chain designs? Once a year?

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The Effects of Cultural Differences on Transportation and Logistics

MTS Logistics

In essence, the influence of cultural differences on transportation encompasses communication and language differences, cultural protocols and business habits, customs and export procedures, the dynamic political and legal environment, logistics infrastructure and transportation networks, as well as cultural needs and consumer behavior trends.

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Supply Chain Optimization: Leveraging Integrated Scenario Planning as a Margin Multiplier

Logistics Viewpoints

Resolution To address these challenges, companies are seeking comprehensive supply chain planning solutions that can act as a margin multiplier by optimizing resources, managing inventory, and enabling real-time collaboration and visibility across the supply chain network.

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ShipMonk Summits Enhance 3PL Mindsets

Ship Monk

Yes, there are also cute company dogs present, warehouse tours, and the occasional lighthearted team-building exercise, but overall, employees keep their eyes on the prize of enhancing our 3PL’s ability to kick eCommerce butt.

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Build a Digital Playbook Beyond Scenarios to Thrive in Uncertainty

Logistics Viewpoints

The digital twin, for example, can be subjected to numerous stress tests that mimic real-world conditions and observe how different variables interact and impact the entire network. For example, the analysis from stress testing can reveal a particular supplier or production resource is a frequent point of failure under high-demand scenarios.

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Freight Procurement is a Different Game

Logistics Viewpoints

This RFP taught Simmons Foods just how fluid their network was. Further, customers’ buying patterns were so variable, that 30% of the lanes they procured freight for were new to the network. Even today, now that the pandemic shocks have largely worn off, 20% of this year’s lanes are new to the network.

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Omnichannel Retail and the Cost to Serve Online Customers

Logistics Bureau

If your enterprise is new to trading in a multichannel environment, you may have experienced challenges in the following areas: Supply chain visibility: Omnichannel distribution networks can be complex and fragmented. Additional network complexity: It can be troublesome to juggle inventories for conventional and digital retail sales channels.