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Key Trends and Themes for Supply Chain and Logistics in 2024

SCMDOJO

Top Logistics Trends in 2024 As businesses seek higher efficiency and resilience, the supply chain trends for this year reflect a resumed focus on digitization, sustainability, and agility. AI-powered optimization AI-powered optimizations change supply chain management, as they find ground in the machine learning and AI rise.

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Inventory Forecasting — Everything You Should Know

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. However, what is it?

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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. Rider (1970)).

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4 strategic sourcing use cases to strengthen your supply chain

IBM Supply Chain Blog

The following are examples of strategic sourcing use cases: Transparency and traceability From fast fashion to fluorite, consumers and stakeholders are keyed into product provenance—expecting brands to uphold ethical, responsible sourcing practices. And from that group, 71% would pay a premium for it.

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Mastering Agility and Resilience in Your Supply Chain

SCMDOJO

The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency.

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The Agile Supply Chain! Why Agility is Trumping Lean!

Supply Chain Game Changer

The digitization , focusing on fundamentals and change , augmented reality , artificial intelligence , and many other factors are transforming how the supply chain functions. Once, the lean supply chain was considered to be the most effective form of manufacturing and supply chain management.

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Supercharge Your Business With Back-Office Automation: The Ultimate Guide

Pipefy

Business process automation streamlines many time-consuming, labor-intensive, and repetitive tasks typically handled by internal departments like HR, IT, and finance. These solutions can easily store and organize data for back-office processes like accounting, invoicing, and cash flow management. What is back-office automation?