Major delays in the supply chain of late have made it apparent that enhanced container visibility and supply chain management is needed. Although many of the reasons behind such recent delays — and the subsequent domino effect they produced — are not controllable, there are ways to improve the process.
Below is a brief look into a few of the hindrances affecting the supply chain, as well as how a more proactive data-gathering approach can be used to improve container visibility and container management.
I am a proponent of dual sourcing. Some people believe in outsourcing or insourcing, offshoring or onshoring. I believe in all of the above. The vulnerabilities with sole sourcing are very real. And you need look no further than the pandemic and semiconductor fabrication.
The global pandemic resulted in unexpected shortages of goods and disruptions in delivery which continue to this day. And in the extreme many businesses failed, investments were lost, or suffered irreparable harm as a result.
A major reason for the extensive damage caused by the breakdown of Supply Chains during the pandemic was because of broad based single points of failure. This is why we need to address this problem as it pertains to semiconductor fabrication.
Here we provide the Digital Supply Chain Overview video for you. Supply Chain 4.0 is the manifestation of the Digital Supply Chain as enabled by the proliferation of Disruptive Technologies that are permeating every aspect of our lives.
The Digital Supply Chain Overview video, created and published at Supply Chain Game Changer, is focused on the Digital Supply Chain, or otherwise called Supply Chain 4.0, because of its profound impact in defining the Supply Chain of the Future!
In my last article, I spoke about the hesitancy standing in the way of multi-tier visibility. But once you have that visibility the journey has only just begun. The end result will require you to have a Cognitive Control Tower.
The next immediate question becomes: what will you do with what is revealed to you? How will you act on what you see? From a solution perspective, you can think of the need as “actionable visibility” – often referred to as a Control Tower.
The intersection of artificial intelligence (AI) and fintech is one of the most rapidly growing and promising areas of technological advancement. With the rise of automated services and algorithms that can quickly and accurately process large amounts of data, AI and fintech is revolutionizing the way financial institutions, businesses, and consumers interact with each other.
This intersection is also creating several legal issues and implications that need to be addressed. In this article, we’ll explore the legal implications of the AI-fintech intersection and how it affects the way we use and protect data, contracts, and intellectual property.
Cryptocurrency is on the rise and its potential for growth is astronomical. It is no surprise that more and more people are becoming interested in this new form of digital currency. With the help of the best crypto apps and exchanges, you can make informed decisions and stay up-to-date with the latest developments in the crypto world.
This comprehensive guide will help you find the top best crypto apps and exchanges of so you can get the most out of your investment. We will cover the features of each app and exchange, the pros and cons of each platform, and the security features you should look for when selecting a crypto app or exchange.
For the past decade or so, the blockchain has been slowly but surely infiltrating our lives. What started as the domain of cryptocurrency has now become a tool for all kinds of applications, from logistics to healthcare. And as its technology continues to evolve, so too does its potential impact on our lives.
In this article, we will explore the effects of blockchain on modern consumerism. From supply chains to data security, read on to learn more about the effects of blockchain and how it is changing the way we shop and consume.
We hear about all of this cool and exciting new technology every day. Blockchain, Artificial Intelligence, Drones and Autonomous Vehicles, Virtual Reality and Augmented Reality, Big Data and more.
As such it’s easy to become enamoured with the prospects of implementing these brand new technologies in your company.
But for many companies they are struggling each and every day just to get the basics right. Ensuring deliveries are on time, making sure purchase orders are placed, changed, and acknowledged, keeping track of and reducing inventory levels, managing forecasts and forecast accuracy, and training and retaining resources are just a few of the basics that companies are working vigilantly to address every hour of every day.
Given pressures to reduce costs, improve productivity, increase competitiveness and increase asset velocity what should your strategic focus be?
In the fast-paced and highly competitive commercial landscape of today, the harsh reality is that your enterprise needs to scale up rapidly if it is to sustain itself in the long term. However, with expansion comes a host of new challenges for your company.
With data management, cyber security, and change management issues to contend with, achieving your organizational goals is reliant upon your resourcefulness and ability to leverage the right solutions to overcome the hurdles of modern business.
In this article, we will discuss three technologies that can provide those solutions, and explore how they can empower your business to achieve greater scalability.
At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “Seasoned Leadership in Action™” Interview series at Supply Chain Game Changer. This interview is with Brad Jackson, Executive Vice President of Supply Chain Management and Device Sales at Rakuten Kobo, now at North West Rubber.
We can all agree on how frustrating internet connection problems can be when you’re in the middle of getting your work done. And nothing exhausts you more than waiting hours for a movie to download.
In simpler words, we’re too impatient when it comes to internet connections and we are aware of the damage that interrupted networks can cause to our businesses and workers.
The very first step to dealing with such problems is to identify them and then look for the appropriate solutions to overcome these issues. We have made a list of 5 common internet connection problems and offered you helpful solutions to deal with them:
The logistics industry is worth over $8.1 trillion. Not only it is an incomprehensibly big market, there are countless factors shaping it.
Globalization introduced a new level of complexity. International shipping has become a norm and customer expectations are higher than ever: we want our shipments on time, delivered as soon as possible and for this complex service we are willing to pay less and less.
In order to meet these high expectations and keep their customers satisfied, logistics service providers have to reach a never-before-seen level of efficiency.
Logistics is only seldom mentioned when we talk about innovation: industries like IT, telecommunications and automotive are the ones that first come to mind. Yet logistics, which represents an enormous opportunity given its size and its potential growth, has undergone a major transformation as well and the process is not close to an end.
The following infographic shows us how two multi-billion dollar companies, Uber and Amazon are revolutionizing the industry. Will a taxi app and an online retailer be the ones setting the new standards?
Amazon and Uber are the two giants in the industry. And the E-Commerce marketplace requires companies to provide a fast, free (or inexpensive to the customer), and reliable last mile delivery solution. This tremendous article provides a great characterization of Amazon and Uber in the Last Mile marketplace.
Amazon and Uber article and permission to publish here provided by Sam White at Argentus. Created by trademachines.com. Originally published on Supply Chain Game Changer on December 6, 2017.
With the increase in the popularity of e-shops and delivery companies, the e-commerce logistics business keeps growing. It faces more and more challenges, as customers need companies to be quick and increase their logistics performance more than ever before.
What does it mean for your business? This article explains why understanding and following the key trends in logistics e-commerce are crucial for organizations that want to save their place in the supply chain and get better results with less effort.
Since the pandemic triggered a global shift towards remote work, employees across the board have discovered the rich benefits that come as a result of working from home. While employees miss their social connections with coworkers, the increased productivity and convenience delivered by remote work have given rise to the demand for a hybrid work environment.
Using the power of 5G and the Metaverse, companies will have the potential to unlock new remote working possibilities that ensure both employee satisfaction and business productivity.
We’re going to take a look at cloud computing and how it integrates all supply chain technologies. Cloud computing has been around for a while but growing in popularity and integration.
All data will eventually reside in the cloud. Let’s be sure we understand what the cloud is. The cloud refers to software and services that run on the Internet, instead of locally on your computer.
