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Do You Want Visibility or Transparency?

Logistics Viewpoints

Or the impact of a tier 3 supplier delay on the part you need getting on a truck to your plant in time for you to meet the production schedule so you can deliver on time in full to meet your customer’s newest requirements?”. One example is an alert that a truck will be late based on a GPS feed. – mentioned above.

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The 3 Pillars of Supply Chain Management (And Why Their Alignment Matters)

Logistics Bureau

For example: Alignment of strategy and cost leads to happy shareholders. From an inventory perspective then, service means maintaining an appropriate level of stock to meet your promises to your customers. Hence it’s critical to balance inventory levels and deployment strategy to meet availability and cost requirements.

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Intelligence…Sometimes Artificial

AIMMS

An interesting example of this is the capability AIMMS has provided in the utility grid business for the last 15 years. AI’s probabilistic reasoning and optimization capabilities are expressed over a digital representation of 2000 machines to best meet demand, while simultaneously shaping demand through flexible pricing.

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

Logistics Viewpoints

For example, last year Germany established the legal framework to enable the introduction of self-driving trucks, And their use is already a reality in some states of the USA. Transportation from these new distribution centers to their final destination must also be balanced using data transparency across all nodes.

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How Pure Storage Withstood the Pandemic

Logistics Viewpoints

For example, a vaccine manufacturer increased their order size by a factor of four in one weekend; a video call company wanted to receive ten times as much product as they initially forecast with just a month’s lead-time. For example, planning was still done using spreadsheets. During Covid those meetings occurred daily/weekly.

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Intelligence…Sometimes Artificial

AIMMS

An interesting example of this is the capability AIMMS has provided in the utility grid business for the last 15 years. AI’s probabilistic reasoning and optimization capabilities are expressed over a digital representation of 2000 machines to best meet demand, while simultaneously shaping demand through flexible pricing.

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Polycrisis, Antifragility, and What’s Missing from Digital Transformation

Logistics Viewpoints

Polycrisis” was the talk of Davos at the recent meeting of the World Economic Forum, which defines it as “…a term used to describe the current global situation, where multiple complex, interconnected crises are occurring simultaneously.” Climate change is biggest crisis of all, the ultimate example of interconnected systems.