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Being Adaptive Drives Resiliency and Margins in Collaborative Supply Chain Networks (CSCN)

Logistics Viewpoints

By embracing collaboration, real-time data, and a focus on sustainability, companies can build resilience, improve margins, and gain a competitive edge. Finally, the company collaborates closely with local suppliers, sharing real-time data on production requirements and inventory levels.

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FOSC: Collaboration drives last-mile success

The Logistics of Logistics

FOSC: Collaboration drives last-mile success. Original Article: FOSC: Collaboration drives last-mile success. However, even as retailers scramble to meet e-commerce consumer demands, and providers lean into the latest trends to get those packages to front doors, there is plenty going on behind the scenes. “One Collaboration.

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Collaboration and Data Key to Timber Industry

Logistics Business Magazine

Collaboration between different sector organisations is increasingly important to achieving shared targets for the timber industry, according to John Dye, President of the Timber Packaging & Pallet Confederation (TIMCON). The post Collaboration and Data Key to Timber Industry appeared first on Logistics Business® Magazine.

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Editor’s Choice: AI in Supply Chains: Which Data is ‘Just Right’ for Your Business?

Logistics Viewpoints

Data is the lifeblood of AI in the supply chain. Without sufficient data, AI models can’t uncover meaningful patterns, make accurate predictions, or provide valuable insights for informed decision-making in complex and dynamic environments. At the same time, feeding your AI models too much data can also be a problem.

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How Data Analytics Can Solve the Challenges Faced by SC Leaders in Discrete Manufacturing

Supply chain analytics can arm the supply chain leaders to meet various supply chain challenges, including: Lack of real-time data visibility. Inconsistent data on safety stock levels. Lack of collaboration between supply chain stakeholders. Imbalance in product lines, creating asset underutilization.

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Effective Supplier Collaboration Is Critical

Logistics Viewpoints

McKinsey, the global consulting firm, has done research and writing on supply chain collaboration. In one McKinsey survey of more than 100 large organizations in multiple sectors, companies that regularly collaborated with suppliers demonstrated higher growth, lower operating costs, and greater profitability than their industry peers.

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5 Supply Chain Collaboration Essentials to Mitigate Disruptions

Logistics Viewpoints

To be able to predict and respond to these disruptions quickly and mend the gaps, organizations must prioritize collaboration so their supply chains will bend rather than break. Collaboration is Key. Supply chain collaboration is essential to mitigating the risks that come from exposure to disruption.