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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. This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. There are Also Commercial Reasons. The Road to Agility and Resilience. A Positive Example.

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Electronic Data Interchange or EDI in Transportation: Breaking Down What it is and How It Works

GlobalTranz

Today begins our series about electronic data interchange or EDI in transportation. In this series, we will first talk about how EDI in transportation works and what it is, covering the history of EDI in transportation, the definition, how it works technically, and then some common EDI codes used within the transportation industry.

Data 105
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The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

A MSCN is a collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds. By ARC’s definition, when a business spend management solution is used for direct procurement it is an MSCN. That supplier can be put on “hold.”

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Delivery Management System: A Definitive Guide

Locus

Being confused at this scenario, you go back and check the data. The data findings lead you to act quickly and solve this problem. Using data insights not only identifies problems like these, it also helps you set performance targets. It is the hows that guide your purchasing decisions. Route optimization. Schedule Demo.

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Digital Transformation Journey in Supply Chain Planning

Logistics Viewpoints

Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats. Planners spend their precious time collecting and synthesizing the data to drive insights.

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Business-to-Anything Integration Supports Agile Supply Chains

Logistics Viewpoints

An SCCN can also access pertinent third-party data feeds. Solutions that fall under the definition of SCCN would include EDI VANs (electronic data interchange value added networks), industry marketplaces, and collaborative supply chain applications that are built on public cloud architectures.

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Analytics in Supply Chain Management Becomes Central As Coronavirus Escalates

IoT World Today

Bouncing back more quickly, said experts, will require supply chain managers to turn to new ways of managing the supply chain, including using Internet of Things (IoT) data, analytics and machine learning (ML). An AI system needs to be fed data sets to learn how to behave and react. And again, data quality is a huge concern.