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The New Definition of Supply Chain Agility and Resilience in an Unpredictable World

Logistics Viewpoints

Geopolitical events. The definition of agility and resilience will continue to evolve. The creation of a new digital ecosystem has enabled these and other changes that will shape the definition of supply chain agility and resilience in the 2020s and beyond. Natural disasters. Tariffs and trade regulations. The rise of ecommerce.

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Wind Power Looked At to Make Shipping Greener, But Challenges Remain

MTS Logistics

For example, the New York Times is out with a new article on wind energy and how it can help shipping in the near future as climate change becomes a major focus. According to a Cargill executive profiled in the Times, the turbines can reduce fuel usage by 3 tons per day, which definitely makes an impact on emissions.

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Building Profitability with Agility while Digitally Transforming the Supply Chain

Logistics Viewpoints

In my Logistics Viewpoints article in January 2021, “ The New Definition of Supply Chain Agility and Resilience in an Unpredictable World ”, I highlighted that modern supply chains must be built on a foundation of extreme agility and responsiveness. The Key to Long-Term Success: Build Agility, Resilience and Profitability Together.

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Analytics in Supply Chain Management Becomes Central As Coronavirus Escalates

IoT World Today

In order to build a correct demand plan, one-off events have to be identified and accounted for,” wrote Ralf W. Seifert and Richard Markoff in the article “ Demand for AI in Demand Planning.”. It might not be in the right format, it may be inaccurate, have definitional issues, or it may be biased.

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What Is a Pallet Jack? Definition, Types, and Uses Explained

Conger

Because this article explains everything you need to know about them, including: What pallet jacks are. And here’s a simple pallet jack definition: A pallet jack (sometimes called a “pallet truck”) is the simplest type of forklift, consisting of a: Wheeled trolley. Wondering “what is a pallet jack”? Then you're in the right place.

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Is It Time to Move Beyond the Traditional Approach to IBP?

Logistics Viewpoints

In a recent article on Forbes, Steve Banker points out that less than 25% of executives believe that their IBP process helps decision making and effective cross functional trade-offs that help the P&L of the company. Capabilities you should be looking for to enable decision focus.

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Making Sense of Supply Chain 4.0

Material Handling and Logistics

Every article discussed the importance of digitally transforming the supply chain. The trouble with this definition is that it doesn’t explain what exactly changes in supply chain management—that is, what gets “transformed”—when digital technologies are adopted. That’s how I felt when I first heard about digital transformation.