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The 3 Pillars of Supply Chain Management (And Why Their Alignment Matters)

Logistics Bureau

For example: Alignment of strategy and cost leads to happy shareholders. As an example, let’s say that as a part of its customer service promise, your company guarantees its customers that they will receive their orders within 24 hours. Why does the C-suite want the three pillars aligned?

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Getting Started with AI in Supply Chain

Logistics Viewpoints

Some try delving into deep learning or a crash course in generative AI (GenAI), but I don’t recommend starting there. Consider a planner in Brazil working with the previous lead time prediction example, who has forgotten how to update the parameters. Getting started with AI in supply chain might not start where you think.

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5 Steps to Address the Rising Geopolitical Risks to Your Supply Chain

Logistics Viewpoints

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. Some may have believed themselves to be immune at one point, but now their perspective is shifting.

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Why is o9 Solutions Growing So Fast?

Logistics Viewpoints

A graph database stores nodes and relationships instead of tables, or documents. For example, for a yogurt company, decision of where to ship a short lifecycle product coming out of a factory is done daily because “demand can shift in very short time frames.” Data is stored just like you might sketch ideas on a whiteboard.

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Blockchain Technology is Set to Transform the Supply Chain

Logistics Bureau

It exists in multiple copies spread over multiple computers, typically known as nodes. The nodes connected to the blockchain network get updated versions of the ledger every time a new transaction takes place. Bitcoin as an Example of Blockchain. However, it also happens to be the most well-known example.

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Reducing Working Capital in Supply Chains

Logistics Bureau

However, it corresponds to the amount of money you need to keep your supply chain working, so in reality, you want to decrease it without hurting supply chain performance, of course. Current liabilities are typically accounts payable, meaning the money you are due to payout, for example to suppliers.

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6 Critical Success Factors in Distribution Network Design

Logistics Bureau

Of course, it can add up to a vast pool of data, so realistically, access to advanced modelling and analytics tools will be essential to get the most value from it. In our work with clients, we often succeed in making an existing network more effective by removing a distribution node or two.