Supply Chain Brain - Supply Chain News, Analysis, Videos, …
WEB4 days ago · The 2024 Supply Chain Innovation Awards! Be recognized for your outstanding supply chain innovations! Click here for the 2024 Guidelines! The latest supply chain and logistics news, analysis, videos, podcasts, case studies and webinars for industries across the U.S. and world.
The AI Revolution: Transforming Supply Chain and Logistics with ...
WEBFeb 5, 2024 · Analyst Insight: The use of artificial intelligence (AI) in logistics and supply chains has increased significantly over the past several years as companies have been seeking ways to enhance decision making, streamline operations, reduce costs and improve customer satisfaction.By providing logistics and supply chain professionals with …
Strategic Sourcing: Five Steps to Secure the Best Suppliers
WEBOct 8, 2020 · As organizations retool their supply chains for 2021, they have an opportunity to revisit their sourcing to put in place the structure and organization to drive the best outcomes, by following these five key steps for strategic sourcing success. Evaluate, collect data and build a strategy.
Trio of West Coast Ports Added to DOT Supply Chain Data Platform
WEBAug 14, 2024 · The U.S. Department of Transportation (DOT) has added three major West Coast ports to its data-sharing supply chain platform. On August 13, the DOT announced that Ports in Oakland, Seattle and Tacoma have all been added to its Freight Logistics Optimization Works (FLOW) network, joining the Port of Los Angeles and the Port of …
The Evolving Last-Mile Delivery Trends and Expectations of 2024
WEBMar 1, 2024 · Valued at $35.92 billion in 2023, it stands as a cornerstone in enhancing the efficiency and transparency of the delivery process. Through the use of advanced sensors, smart packaging monitors package conditions such as temperature, pressure, weight and humidity, combined with precise tracking of location and estimated time of arrival.
How to Streamline the Entire Procurement Process
WEBDec 3, 2021 · The procurement process is composed of symbiotic moving parts. When components don’t communicate efficiently, breaks in the supply chain occur, causing costly errors, lost time, and missed opportunities. Upper-level management faces the often-daunting task of streamlining this process from the top down, and must implement …
Four Tips for Turning Logistics Data Into Meaningful Insights
WEBJan 18, 2023 · Collecting, analyzing, and interpreting data is the best way to gain actionable insights and improve logistics processes. Whether managing this in-house or relying on a tech-forward 3PL, these best practices will turn logistics data into meaningful insights. Mark Ang is a co-founder of GoBolt. The ability for logistics companies to make better ...
Supply Chain Forecasting: The Machine Learning Revolution
WEBJun 14, 2023 · These algorithms analyze vast amounts of data, identify patterns and provide predictions. By considering historical sales, market trends and external influences such as weather or economic indicators, machine learning algorithms generate highly accurate demand forecasts. Imagine an online pet supply company looking to optimize its inventory.
Five Key Provisions You Should Have in Your Supply-Chain Contracts
WEBJan 10, 2021 · Smart partnerships and relationship management are critical to every supply strategy, but the supply-chain contract is what counts when questions arise or things go wrong. Contracts set expectations, guide the resolution of disputes, and outline how and when the parties’ obligations end. Getting it right is crucial. The exact provisions of …
How Supply Chain Planners and Managers Can Face New Challenges
WEBAug 26, 2024 · Then, with the sudden global disruptions caused by the COVID-19 pandemic, supply chain managers learned new lessons and started to see the power that artificial intelligence (AI) and machine learning (ML) could bring to SCM. Today, supply chain planners and managers face new challenges. Properly met, they can be seen as …