Governments have been trying to come up with a solution to climate change and increasing greenhouse gas emissions for years. However, their success has been limited. So, it is time for businesses and individuals to take the reins, and one way to do that is through implementing green practices in supply chain management.
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Logistics planning and strategy is vital to the success of an organization. Plan correctly and you will be able to reduce risks and highlight hidden problems. Fail to plan and you may face expensive disruptions, inefficiencies, and an inability to scale operations. Find out all about logistics planning in this blog post.
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Now the scale of challenge for supply chain managers is greater than ever. Vital commodities such as crude oil, natural gas, cereals, and more have been affected. Logistical networks have been disrupted and energy prices have skyrocketed. Uncertainty, risks, and the resulting disruptive events are major vulnerabilities in the supply chain, however, these can be fixed or mitigated with resilience.
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Holding inventory is important as it allows organizations to operate continuously. However, having too much inventory could affect your business’s cash flow and hinder growth as the money tied up in excessive inventory can’t be invested in other areas.
Take a closer look at the inventory planning process in supply chain management and learn how technologies like simulation can help make the most of it.
Supply chain disruption comes in many forms: from local issues such as a staff shortage or a warehouse fire, to global problems like the COVID-19 pandemic, or even events like the 2021 Suez Canal obstruction.
In this article, we will answer those questions. We will look at how forecasting, planning, and the creation of mitigation strategies can all help increase supply chain robustness and develop organizational agility for when change is necessary.
The anyLogistix paper Supply Chain Digital Twins defines the technology, provides examples of the problems they can solve, and outlines how to develop and integrate them into a business environment.
Dive deeper into these technologies and see how you can improve your supply chain with them. Read on and download the free paper.
Whether you are looking for a supply chain analytics tool, getting familiar with anyLogistix, or just want to learn about new advancements in the supply chain design domain, it’s worth looking at the ALX datasheet. Accompanied by a detailed explanation of each feature, the datasheet will introduce the software's key functionality to the supply chain design community.
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The ripple effect of disruption on a supply chain means local problems can become widespread. Studying the impact of this effect and recovery policies was the focus of research by Dr. Dmitry Ivanov et. al.
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