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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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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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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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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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5 Steps to Address the Rising Geopolitical Risks to Your Supply Chain

Logistics Viewpoints

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. Some may have believed themselves to be immune at one point, but now their perspective is shifting.

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Blockchain Will Solve, Save, Cure Everything

Talking Logistics

Here are a few examples: Maersk and IBM to Form Joint Venture Applying Blockchain to Improve Global Trade and Digitize Supply Chains. In a research brief about blockchain , CB Insights also highlights scalability as an issue: Nodes holding copies of the blockchain receive constant updates. These nodes are distributed around the world.