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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. 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.

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TWI: Is it Time to Rethink Job Relations?

The Lean Thinker

.” I think the answer depends on the person’s mental model and biases about the role of authority. And, to be clear, this is actually a continuum rather than a bipolar model. If we optimize the parts, we will optimize the whole. There are a couple of distinct paradigms I want to discuss.

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3PL Industry Trends and a Forthcoming Identity Crisis

Logistics Bureau

As a general definition, a 3PL helps a company to get its offering, conceived in place A, into the hands of its customers in place B. The solution is to back up, figuratively speaking, to the general definition of the need and see how overall trends and developments in the world could make this need map onto other, different solutions.

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Vendor Managed Inventory Model for Supply Chain Cost Reductions

GlobalTranz

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. Then we select the item to be studied. The distributor maintains the inventory plan.

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Companies Improve their Supply Chains with Artificial Intelligence

Logistics Viewpoints

Further, while artificial intelligence helps solve certain types of problems, Jay Muelhoefer – the chief marketing officer at Kinaxis pointed out – optimization and heuristics work better for other types of planning problems. So, models for heavy process industries often include first principle parameters.

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What is a “Socio-Technical System?”

The Lean Thinker

The work also met every definition of “difficult, dirty and dangerous.” When “trams” (coal carts) were in short supply, for example, the “trammers” would horde carts to optimize their team’s performance at the expense of other teams being limited by the number of carts available.

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Lora Cecere on Supply Chain Metrics that Matter

AIMMS

And the opening chapter in the book is an actual case study about a team meeting I attended where they would have the inventory “target of the month”. You mention that Advanced Analytics and Modeling are helpful when trying to determine targets in each metrics area and see tradeoffs. Yes it is definitely a journey.