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What is Transportation? Is it the same as transport?

Logistics Bureau

As an example, one location might be the place where you source raw materials or where you source goods from a manufacturing facility. We call such a location a node in the supply chain. Delivery of goods to your home from a local store is an example of local distribution. Often, there’s no absolute right or wrong.

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Infor Nexus is Taking an Interesting Approach to Generative AI

Logistics Viewpoints

A good example is saying “What are my demurrage issues at the Port of Long Beach?” Infor Nexus’s approach is not to just give a specific answer to a specific question, but to provide the right data visual, in this example a matrix type view of several days of shipments with demurrage risk. Mr. Sorgie calls this “rich visual controls.”

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Supply Chain Design Crosses the Chasm

Logistics Viewpoints

The supply chain nodes which were once deemed to be relatively static have become far more dynamic in the recent past. The rapid shifts to eCommerce during the pandemic caused retailers and brand owners alike to flex their network nodes (where goods are made and inventories are stocked) significantly.

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Inventory Management vs. Warehouse Management

The Logistics of Logistics

So, as an example, the IMS tracks and reports that there are 30 widgets in Warehouse A, 25 in Warehouse B, 48 in Manufacturing Plant A, and so on. The first is what may be called “soft inventory allocation,” which means as orders are placed, the system will reserve the needed quantities of inventory in each node (warehouse, etc.)

Inventory 273
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Improved Supply Chain Visibility Requires an End-to-End Solutions

Logistics Viewpoints

For example, current congestion at China ports is based on COVID restrictions on cross-province trucking stoppages and port labor COVID lock downs in China that have prevented workers from off-loading and on-boarding shipping containers. At each node – truck to port, offloading the truck at a port terminal, goods loaded on ship, etc.

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Active Supply Chain Design: A Key Imperative for De Risking Supply Chains

Logistics Viewpoints

The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream. Table 1 describes a few examples of these types of risks. Examples of disruptive risks are suppliers going out of business or shipwrecks that result in the loss of cargo containers.

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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. As an example, let’s say that as a part of its customer service promise, your company guarantees its customers that they will receive their orders within 24 hours. Why does the C-suite want the three pillars aligned?