supply chain decision making

The power of insight: Rethinking supply chain decision making – part 2

In part two of the article series, we continue to explore the power of insight in rethinking supply chain decision making. We discuss the challenges faced by organizations in today’s global marketplace and emphasize the need for a proactive, data-driven strategy.
By embracing the power of insight and implementing a data-driven strategy, organizations can navigate the complexities of the global marketplace and drive business success. Join us on this journey to rethink supply chain decision making and harness the power of insight.

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The power of insight: Rethinking supply chain decision making – part 1

Supply chain management is at a crossroads. Traditional, reactive approaches are no longer sufficient to navigate the complexities of today’s global marketplace. To thrive, organizations must embrace a proactive, data-driven strategy.

This is part one of a two-part series, we delve into the challenges hindering effective supply chain management and explore how a culture of data-driven supply chain decision making can unlock new opportunities. We will examine real-world case studies to illustrate the transformative power of advanced analytics and strategic planning.

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Navigating the chaos: How the BANI framework is reshaping supply chain orchestration

In the wake of the COVID-19 pandemic, the business world has been forced to confront a harsh new reality. Supply…

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Building up supply chain resilience

The resilience of supply chains
Resilience is a versatile term these days. In the supply chain sector, resilience refers to the ability to avoid and/or mitigate the effect of certain supply chain disruptions. Supply chain risks can be broken down into operational and disruptive risks. Operational risks occur in daily business and usually cause limited damage (e.g., quality problems or delayed deliveries). Disruptive risks are individual events that are associated with a high potential for damage and a high degree of uncertainty. Such events as natural disasters or geopolitical conflicts can occur unexpectedly and cause long-lasting disruptions and delays.

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Why a shift-left strategy is a game changer

In today’s rapidly changing world, the pressure on supply chains has never been greater. From the chaos unleashed by the…

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Driving Efficiency in Airfreight Logistics Planning with Adaptive Tender Support

Air cargo transportation plays a crucial role in the global economy with an estimated 35% of value of global trade carried by air, even though it covers less than 1% by volume according to IATA. Despite its higher cost, airfreight provides unparalleled speed and reliability, ensuring critical and high-value components are delivered promptly to avoid production delays and to lower capital employed in transit stock. It serves as a vital complement to the regular sea freight transport, offering a solution for urgent shipments and maintaining supply chain continuity in unforeseen circumstances.

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Driving supply chain excellence: Siemens Digital Logistics teams up with SimPlan

Siemens Digital Logistics has entered a strategic partnership with SimPlan AG in the DACH region, aiming to accelerate the synchronization…

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Digital technology as a driver of green logistics

In the new world of logistics, paper documents and lists are relics of a bygone analog era. Digital platforms and…

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Building resilient supply chains in a volatile world

Global supply chains are the backbone of modern manufacturing, connecting the dots from raw materials to finished products. However, this…