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.

container ship in import export and business logistic.By crane , Trade Port , Shipping.Tugboat assisting cargo to harbor.Aerial view.

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.

airplane-flying-over-container-port

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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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…

Revolutionizing logistics with advanced control tower solutions

The effectiveness of a supply chain relies heavily on accurate, real-time information. Control tower solutions act as a central hub,…

Two people in an industrial setting review digital interfaces and machinery with superimposed technological graphics representing data flow and automation processes.

The dawn of the gigafactory

As the world shifts towards sustainable energy, the electric vehicle market is booming. Central to this growth are gigafactories, enormous…

Transforming automotive industry value chains in the metaverse

Today’s teenagers effortlessly incorporate the metaverse and its benefits into their daily lives, offering valuable insights. From an early age,…

New top decision-maker in logistics

What influence does the digital twin have on the supply chain Supply chains are sensitive. They are vulnerable to strikes,…