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Logistics and Supply Chain News (August 5th- 9th 2024)

Logistics Viewpoints

For the athletes to beat all odds over 329 events across 32 sports, the organizers had to navigate a significantly challenging global supply chain to successfully host this year’s games. Reducing reliance on single suppliers and diversifying supply sources can mitigate the impact of disruptions in specific regions or industries.

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Optimizing Aftermarket Inventory: How ToolsGroup Helps Manufacturers Navigate Complexity

ToolsGroup

CAGR from 2024 to 2032 , the aftermarket sector is becoming more competitive, especially with the rise of electric vehicles (EVs), increasingly sophisticated technologies, and fluctuating customer demands. Moreover, the proliferation of e-commerce is reshaping how aftermarket products are purchased. billion by 2032, growing at a 3.5%

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What Makes a Truly Agile and Resilient Supply Chain?

Logistics Viewpoints

Last year, many in the supply chain technology industry were warning companies all over the globe to prepare for the unknown. There is optimism around the corner, but a sunny outlook isn’t enough; it’s past time for supply chain leaders to transform their supply chains to become more agile.

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

Logistics Viewpoints

Supply chain resiliency and sustainability are top priorities for CEOs today. To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supply chains to collaborative supply networks and actively design their supply chains.

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The (misplaced) need for speed. Why faster supply chain planning will not get you to your destination.

Logistics Viewpoints

Over the last two decades, there has been a significant focus on increasing the speed of supply chain planning solutions. Technology advancements in hardware, cloud, and in-memory computing fueled this increase, followed by the boost from automation, machine learning, and AI.

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Making Supply Chain Planning Agile With Modular Planning Technologies

Logistics Viewpoints

“May you live in interesting times,” widely attributed as a Chinese curse, some claim this as a blessing; whichever side you take, this is exactly what’s happening in the supply chain world since 2020, and it looks like we will be living with this blessing/curse for a while longer. Emerging Themes for Supply Chain Planning.

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Supply Chain Executives Face Growing C-Suite Complacency

Logistics Viewpoints

According to research by Ernst & Young LLP, the global consulting firm, as the Covid crisis recedes, supply chain executives are losing the strategic gains they made with their C-suite counterparts. 28% of supply chain leaders cite cost reduction as one of the top three priorities currently.