Remove Data Remove Definition Remove Optimization
article thumbnail

The New Definition of Supply Chain Agility and Resilience in an Unpredictable World

Logistics Viewpoints

The definition of agility and resilience will continue to evolve. The creation of a new digital ecosystem has enabled these and other changes that will shape the definition of supply chain agility and resilience in the 2020s and beyond. There are Also Commercial Reasons. The Road to Agility and Resilience. A Positive Example.

article thumbnail

What’s the Latest Definition of an Enterprise TMS

Turvo

An enterprise TMS is a logistics platform used to aid businesses in planning, executing, and optimizing the specific functions of handling incoming and outgoing shipments. These platforms play a central role in the modern supply chain network and effectively optimize business for logistic organizations.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Data Quality: Your Digital Transformation Depends on It

Logistics Viewpoints

In a prior post , I wrote about the various ways data is transforming global supply chains. Data is the raw fuel of digital transformation and the linchpin to accelerating industry collaboration, automation, predictive insights and so many more cutting-edge capabilities (including those yet to be invented). So, what is quality data?

Data 109
article thumbnail

6 Inventory Control Techniques for Stock Optimization

EazyStock

Inventory Control Techniques that use Stock Optimization Best Practices. So we thought we’d focus on the lesser known topic of ‘stock optimization’ – this is an inventory control technique that’s becoming more popular with inventory managers to improve the efficiency of their supply chain. What is stock optimization?

article thumbnail

Before You Hire a Logistics Data Scientist

Talking Logistics

Robinson is using AI/machine learning for pricing optimization, finding capacity, and managing supply chain disruptions. So, yes, moving forward we will probably have fewer people per transportation dollar spent in the industry, but there will definitely still be a need for people; they’ll just be focused on more value-added activities.

Data 94
article thumbnail

How to Create a Better Shipping Experience: Trends in Logistics Technology to Optimize Supply Chains

Turvo

Today, the definition of supply chain resiliency has been changed in ways that have caused ripple effects. Getting a better shipping experience is easy with an optimized supply chain and a robust freight brokerage setup. Real-time data is critical to the supply chain’s smooth operations day in and day out.

article thumbnail

MES vs MOM: Understanding the Key Differences

SYSPRO Smarter ERP

Smart factories use IoT-enabled technologies like sensors and smart machines to generate data, often in real-time, to improve information about production processes and help decision-making. Together MOM and MES provide the intelligent systems to collect, deliver and analyze production data to empower industry strategy and smart factories.