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Better Ways to Address Trade-Offs with Supply Chain Optimization

Logistics Viewpoints

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%.

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Supplier Onboarding is Core to a Digital Supply Chain Transformation

Logistics Viewpoints

Molex implemented a multi-enterprise supply chain network platform from SAP called SAP Business Network. The most common form of trading partner collaboration is purchase order collaboration. With PO collaboration, buyers send digital purchase orders over the network to suppliers or other trading partners.

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The Future of Autonomous Supply Chains Part 1: Autonomous Shipping

Logistics Viewpoints

Autonomous supply chains are systems that can operate with little to no human intervention, and they use artificial intelligence, robotics, automation, and sensors to optimize the flow of goods. Autonomous Shipping Autonomous shipping is the use of self-driving vessels to transport goods and passengers across waterways.

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The State of the Trucking Market in 2021

GlobalTranz

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? As highlighted by?

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Effective Supplier Collaboration Is Critical

Logistics Viewpoints

Networks Have Fistinct Advantages. In one McKinsey survey of more than 100 large organizations in multiple sectors, companies that regularly collaborated with suppliers demonstrated higher growth, lower operating costs, and greater profitability than their industry peers. Those include trust issues, the operating model, and technology.

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Throwing Down the Gauntlet

Supply Chain Shaman

But companies often have diverging incentives and interests from their supply chain partners, so when they independently strive to optimize their individual objectives, the expected result can be compromised. ”. I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter.

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Ultimate Guide To Technologies That Are Transforming Supply Chains

The Logistics & Supply Chain Management Society

Let’s take a look at the technologies that are making the biggest impact on supply chains around the world: Cloud technology and cloud-based commerce networks. For instance, Chuck by 6 River Systems is a collaborative robot that leverages AI and ML to prioritize work and optimize picking routes in real-time.