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Better Ways to Address Trade-Offs with Supply Chain Optimization

Logistics Viewpoints

Supply chain optimization has also improved in significant ways that can address these trade-offs better than before. Analytical techniques like linear programming can create the mathematically “optimal” plan, but these methods must be implemented well to avoid creating other challenges.

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Supply Chain Optimization: Everything You Need to Know

Bringg

Supply chain optimization ensures a smoother process and a more successful business model focusing on efficiency and profit. First, let’s define what supply chain optimization means, the different factors involved, and how the right supply chain optimization techniques and solutions can help you support your key business initiatives. . .

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The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

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LTL Freight Rates: Using data to improve annual contract negotiations

FreightWaves SONAR

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. The incredible insights that accurate data has to offer combats volatility and unearths a clear understanding of what’s actually happening in the market. Those are the founding principles behind SONAR SCI Lane Acuity.

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Supply Chain Control Towers: Visibility, Collaboration, and Optimization

Talking Logistics

One of my predictions for 2018 is that Supply Chain Visibility Will Get Clearer, More Real-time, and More Predictive with Machine Learning and Enhanced Data this year. Of course, another thing that has changed and improved significantly over the years is the technology behind Supply Chain Control Towers.

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7 Tips: A Guide to Mastering Procurement

Material Handling and Logistics

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

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What Georgia-Pacific Is Doing With Causal AI Is Remarkable

Logistics Viewpoints

Georgia-Pacific (GP) has demonstrated an application of Causal AI to dramatically improve touchless commerce. It analyzes new and historical order data, customer preferences, and transactions. GP describes Causal AI as a mixture of Knowledge AI and Data AI. It’s a different way of working.” What is Causal AI?