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Supply Chain & Logistics News Round Up (September 23rd-27th)

Logistics Viewpoints

Supply Chain & Logistics News Round-Up Sept 23rd- 27th This week I was busy attending various Climate Week NYC events, allowing me to step outside my usual bubble of supply chain and sustainability. Now to the Supply Chain & Logistics News of the Week!

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

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Only as Good as Your Data: Why Supply Chain Digital Twins Require Real-Time Data Unification

ToolsGroup

But here, we’ll be talking about supply chain digital twins. A supply chain digital twin is a complete model of your supply chain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand. Get the insights you need.

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Happy Groundhog Day

Supply Chain Shaman

On February 2, in a small town in Punxsutawney, Pennsylvania on Gobbler’s Knob, an unsuspecting furry Groundhog is plucked from a burrow to predict the weather for the rest of the winter. Defining a solution to close the gaps are not so easy. Value networks, like many supply chain terms, are used frequently, but lack definition.

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History and Evolution of Supply Chain and Logistics

SCMDOJO

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).

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10 Disruptive Issues in the Supply Chain

American Global Logistics

Specifically, we covered the threats, impacts, and mitigation strategies disrupting supply chains. Consumers have seen their purchasing power eroded. Key labor issues Disrupting Global Supply Chains There are a number of key labor issues that are affecting the logistics industry.