article thumbnail

Beyond Resilience: 5 Steps to Building an Antifragile Supply Chain

Logistics Viewpoints

But in today’s world of pandemics, geopolitical shocks, and extreme weather events, efficiency alone is a fragile strategy. Action Plan: Map your supply chain, visualizing key nodes (suppliers, plants, logistics hubs). Calculate TTR and TTS for each node and subtract ( TTR – TTS ).

article thumbnail

Mastering Disruption: A Smarter, More Connected Approach

Logistics Viewpoints

With its ability to monitor conditions across the supply chain at every node and touch point digitalization provides the only practical solution. They can ingest large volumes of functional data and leverage advanced intelligence to recognize broad trends and specific disruptive events. billion to $23.07

Insiders

Sign Up for our Newsletter

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

article thumbnail

Sourcing Strategy: Effective vs Efficient with Ron Crabtree

The Logistics of Logistics

The upshot of all this is the result of now we very brittle supply chains, now inherently susceptible to massive disruption – even by a single event – such as the tsunami event in Japan. Response to node failures is robust. Attributes of sourcing strategies that focus effectiveness: High Adaptability. High Responsiveness.

article thumbnail

Manhattan Associates’ Strategic Vision – Unifying Platforms Integrating AI and Leading the Future

Logistics Viewpoints

Leadership Transition and Strategic Continuity Eddie Capel, Chairman of the Board Eddie Capel, Chairman of the Board opened the event by reaffirming Manhattan Associates ongoing focus on innovation, partnership, and adaptability.

article thumbnail

KRONOS Worldwide Improves Service and Reduces Costs with Managed Trans

Logistics Viewpoints

Autonomy led to a complex supply chain with shipments that traveled too many miles and required too many touches across the nodes. Uber Freight procurement events now require that the selected carriers be able to provide visibility to shipment status. There have also been customer service improvements.

article thumbnail

Why Blockchain Within The Supply Chain Makes Perfect Sense

GlobalTranz

The distributed ledger component of blockchain provides an integrated digital platform for nodes in a supply chain system to share and query information as developments occur in real time. In other words, stakeholders in a supply chain can react quickly to event information and automate their responses.

article thumbnail

Supply Chain Predictions for 2022 and Beyond

Logistics Viewpoints

This is creating the need to shrink the time between identification of a sourcing need and executing on a sourcing event. The new generation Design-to-Source technologies allow for gaps identified during the supply chain design phase to be turned into sourcing events that can be created and executed.