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Resilience by Design: The Power of Simulation in Supply Chain Strategy

Logistics Viewpoints

To demonstrate that classic (single time series demand input) optimization and stochastic (multiple time series demand input) optimization can yield substantially different results, we will analyze a network of a company A that has four manufacturing plants that need to service demand in every mainland US state.

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Why Supply Chain Managers & Procurement Should Collaborate

GlobalTranz

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. So, why do supply chain managers not take advantage of this data with respect to procurement?

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Healthcare Procurement: Why the Healthcare Industry Needs to Modernize Supply Chains to Meet Today’s Challenges

ivalua

Healthcare Procurement: Why the Healthcare Industry Needs to Modernize Supply Chains to Meet Today’s Challenges. hospitals use the combined purchasing power of group purchasing organization, or GPOs, to save money. hospitals use the combined purchasing power of group purchasing organization, or GPOs, to save money.

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This Week in Logistics News (April 2 – 8)

Logistics Viewpoints

Aside from health and wellness products from Walgreens, prescription pet medications from easyvet and first-aid kits from Texas Health, Wing’s drones will also deliver pints of ice cream from Blue Bell Creameries. At the same time, the number of suppliers in China that received procurement bids declined by 9 percent in 2021.

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Reshoring and Regionalized Freight Networks: The Future of Logistics

TransAudit

The logistics landscape is evolving rapidly as more manufacturers relocate production closer to domestic markets. China trade tensions driving businesses to reconsider offshore manufacturing. States like Texas, Georgia, and the Carolinas are attracting EV battery and semiconductor manufacturers. Midwest U.S. Midwest U.S.

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Profitably Delivering eCommerce with Consumer-Centric Priorities

Logistics Viewpoints

Every day, retailers and manufacturers are challenged to balance ambitious customer service promises with profit margin protection. Supply chain technology investments were once delegated to a specific function such as procurement or logistics. But the on-demand concept does not end with transportation, labor and warehousing.

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Breakbulk Americas with Jeff Tucker

The Logistics of Logistics

As a global conference, exhibition and networking experience, we attract some of the biggest oil and gas companies and top-performing engineering, procurement and construction firms, all groups who are eager to capitalize on the benefits of Breakbulk Americas and connect with new supply chain partners. 27 – Thursday, Sept. 29 at the George R.

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