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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.

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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.

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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.

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A New Era in Transport Logistics with Big Data and Self-Driving Trucks

Logistics Viewpoints

This requires complete transparency across all steps and events along the entire supply chain. An operation that is optimizing the real time flow of goods is also well-positioned to manage unexpected events. Look at the big picture. The only solution is to boost efficiency by optimizing processes for the long term.

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Is It Time to Move Beyond the Traditional Approach to IBP?

Logistics Viewpoints

Event-driven IBP – technological capabilities to monitor internal and external events (Supply Chain Control Tower) in real time. Contextualize and quantify event impact and be able to trigger re-plan in an integrated supply chain planning solution to create an executable and feasible plan.

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A Better Way to Think About Integrated Planning

Logistics Viewpoints

And agility is about reacting quickly and hopefully effectively to the actual disruptive event. But the event might not be disruptive at all if you had planned for it. One week, the model may show the capacity of an upstream node as being 200 units, the next week it can show 700 units.

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Do You Want Visibility or Transparency?

Logistics Viewpoints

On the breadth dimension, we have a spectrum that includes point solutions out to alerts over a much broader range of events. One example is an alert that a truck will be late based on a GPS feed. Four Kites and Descartes are examples of software companies whose solution provides this type of alert.