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10 Supply Chain Improvement Essentials for Your Company

Logistics Bureau

An efficient supply chain strategy is one that takes every aspect of your supply chain into account, from inventory management and warehouse design to freight tendering and transport optimisation. Let’s look at some of the best ways to make your supply chain more efficient.

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7 Tips For Building Supply Chain Resiliency

GlobalTranz

Shortages of products from toilet paper to microchips during the coronavirus pandemic highlighted the value of supply chain resiliency, and the opportunities for companies that aren’t as prepared as they would like. By contrast, supply chains that are too lean may not have enough flexibility and redundancy to survive unscathed.

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Supply Chain Data Visibility Paramount as Industry Lurches into Next Chapter

IoT World Today

Key Takeaways from This Article: COVID-19 has unveiled the fragility of a global supply chain predicated on lowest-cost principles. Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. The COVID-19 crisis has hit the global supply chain from all sides.

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What is Supply Chain Resiliency?

Logistics Viewpoints

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks.

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Start Considering Risk in Your Supply Chain Design with these 4 Steps

If you’re not considering risk in supply chain design, you’re gambling with your company’s future. According to PwC, more than 60% of companies said that their performance indicators had dropped by 3% or more because of supply chain disruptions. How to identify and answer your supply chain “What if?”

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Integrating Blockchain With Other Supply Chain Systems

Shipchain

In modern supply chains, communication and collaboration are everything. Systems that work together can ensure that all parties in the supply chain have access to the information and resources necessary to fulfill more orders and please customers. Challenges of Integrating Blockchain and Supply Chain Systems.

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Freight Costs: 5 tips to get the biggest bang for your buck

FreightWaves SONAR

In most industries, supply chain logistics account for 5% to 50% of a product’s total cost.” Freight management parties can rely on these tips to recognize and respond to transportation budget limits. The supply chain operates on roughly an 18-month cycle. Think about this. Disruptions are inevitable.