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Editor’s Choice: 8 Supply Chain Planning Challenges Retailers Will Face In 2022 And Tips To Overcome Them

Logistics Viewpoints

The ongoing chip crisis since last year affecting 100+ industries is the best example: supply couldn’t meet the increased demand, which led to rising prices and shortages in computers, cars, and pretty much any other electronics product with chips. this experience has changed how we dress and exercise.

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Supply Chain Predictions for 2022 and Beyond

Logistics Viewpoints

As organizations look for reducing dependencies on concentrated sources of supply, Eastern Europe, Mexico, and South Asian countries will start providing viable alternatives to the current manufacturing powerhouse countries. American Supply Chain Resilience Act and the German Supply Chain Act are just two examples of this.

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Using Data to Improve Supply Chain Operations

Material Handling and Logistics

It arrives from an array of sources, and it is presented in a variety of formats. The techniques require different degrees of sophistication, but even the relatively simple exercise of putting data from different sources in the same space and producing a visual representation can suggest strategies for transformation.

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Build a Digital Playbook Beyond Scenarios to Thrive in Uncertainty

Logistics Viewpoints

The digital twin, for example, can be subjected to numerous stress tests that mimic real-world conditions and observe how different variables interact and impact the entire network. For example, the analysis from stress testing can reveal a particular supplier or production resource is a frequent point of failure under high-demand scenarios.

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5 Recommendations towards a Resilient S&OP

Logistics Viewpoints

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

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Reimagining Logistics: Focusing on What’s Ahead, Not What Happened

Logistics Viewpoints

This is not a continuous improvement exercise, but a matter of survival as greater unpredictability prevails in our markets, continually taxing resources, and challenging forecast accuracy on both the demand and supply sides.

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Overcoming e-sourcing apprehension

Transporeon

Procurement professionals, if you are considering a transition from manual and Excel-based RF(x) to online automated e-sourcing platforms, here is the information you need to mitigate fear, uncertainty and doubt in your supplier base. Some suppliers view RFPs as static cost-cutting exercises, which devalue their offering.