This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In 2018 a Forbes magazine published an article entitled “Every company is a data company” in which the authors urged all companies to use data as a core asset. Exercise trackers like Fitbit or Garmin are part of an IoT network that collects and analyzes data from objects – people. Supply chain. Quality control.
The company operates 7 sugar cane processing factories in Brazil, in a cluster located in the northwest region of Sao Paulo state. Decision-making goes from a highly tedious and error-prone exercise to a process that combines computational intelligence with the business knowledge needed to analyze the optimizer’s results.
The company operates 7 sugar cane processing factories in Brazil, in a cluster located in the northwest region of Sao Paulo state. Decision-making goes from a highly tedious and error-prone exercise to a process that combines computational intelligence with the business knowledge needed to analyze the optimizer’s results.
With all movements of produce recorded immutably in a distributed ledger, tracing quality-compromised food or commodities back to the source can be achieved in hours, rather than the days, or even weeks, otherwise required for such an exercise. Faster delivery times to the factory. Big Names are Backing Blockchain.
For example, a CTS analysis may show you that customers ordering directly from you at your factory also generate lower costs in transport and inventory costs. When first published, this article explained the CTS concept, outlined the benefits of analysing cost-to-serve, and provided some brief examples of successful CTS projects.
This article does not profess to address all components of creating ‘Intelligent Logistics’. However, in reality most strategic planning exercises neither embed foresight, nor create responsive networks. Last month’s feature article talked about ‘Information Factory’.
Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. This process involves determining the critical components for your operations and then, working with production personnel, identifying which ones are sourced from high-risk areas and lack ready substitutes.
This article was first published in the July / August 2018 issue of MHD Supply Chain Solutions. However, remember that products or subassemblies that never made it out of the factory may need to travel backwards one or more stages along the supply chain. Tempting, but wrong. Reverse logistic isn’t simply a reverse gear.
This covers security policies, threat awareness, security training, exercises. Factories and warehouses can be built away from other buildings. Goods origination, third-party security, foreign customs are examples. This can mean supply chain data, applications, IT systems, and IT account access. Security awareness.
If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. Mini Case Study: Whirlpool. Any company wishing to leverage its supply chain as a service differentiator can learn many lessons from Zappos.
In this article, we look at why you might want to collaborate in your logistics, where opportunities lie, what makes collaboration work, and conversely, what makes it fail. Any company that thinks collaboration can work as a “throw it over the wall” exercise is likely to be disappointed. No properly supportive management.
In this article, we look at why you might want to collaborate in your logistics, where opportunities lie, what makes collaboration work, and conversely, what makes it fail. Any company that thinks collaboration can work as a “throw it over the wall” exercise is likely to be disappointed. No properly supportive management.
I could understand how trade data would allow the solution to detect potential suppliers in the extended supply chain, but not how the solution would know that it was the supplier’s factory in Xian China – as opposed to Tianjin – that was the source for a component that eventually ended up in a product.
The Factory Gate Pricing (FGP) and Primary Freight (PF) strategies, as adopted by major grocery retailers, are causing a shudder up the spine of many retail suppliers. What are Factory Gate Pricing and Primary Freight strategies? Under the FGP and PF models, the retailers collect the products from the suppliers factory gate.
There are several reasons for this that are beyond the scope of this article. In 2018 it was reported , for example, than an iPhone is assembled by workers at Foxconn’s factory in the Chinese city of Zhengzhou; and made of raw materials and components sourced from 43 nations.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content