Remove Collaboration Remove Data Remove Survey
article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Supply Chain Collaboration Essentials to Mitigate Disruptions

Logistics Viewpoints

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. Collaboration is Key. Supply chain collaboration is essential to mitigating the risks that come from exposure to disruption.

article thumbnail

Supply Chain Executives Face Growing C-Suite Complacency

Logistics Viewpoints

To improve,” the report rightly notes, “organizations should enhance supply chain visibility with robust data and analytics; use AI to foresee disruptions; keep business continuity plans current; and diversify supply sources, suppliers, manufacturing and logistics partners.” Only 59% in the C-suite say the same.

article thumbnail

Port Congestion Shines Light on Visibility Gaps

This report, built from extensive survey data from a myriad of shippers and logistics providers, shines light on visibility gaps that have contributed to the current crisis of port congestion. How collaborative, real-time data can solve visibility gaps for shipments moving into and out of ports.

article thumbnail

Improving Competitive Advantage With Effective, Collaborative, Data-Driven Transportation Management

Turvo

Supply chains will survive the current crisis, but only if they embrace data-driven transportation management practices. To that end, shippers and supply chain managers need to know a few things about leveraging collaborative processes in logistics. The Costs of Not Using Data-Driven Transportation Management.

article thumbnail

Supply Chain Resilience from Transparency and Collaboration

Logistics Business Magazine

Current surveys show that in Germany, for example, on average only one in ten companies is able to respond to a serious disaster within 24 hours. read more Improve Supply Chain Resilience in Infrastructure Project Delivery The post Supply Chain Resilience from Transparency and Collaboration appeared first on Logistics Business.