5G is playing an increasingly significant role in logistics, where data transfer speed and security are crucial. With faster, more reliable connectivity, logistics systems are becoming more efficient and automated. Supply chains can now handle larger amounts of data in real time, allowing for quicker decision-making. Connected vehicles, including autonomous trucks and delivery drones, are […]
One promising application that is emerging in the Supply Chain and Sustainability space is Digital Product Passports (DPPs). Driven by regulations and a thirst for data transparency. Blockchain can serve as the backbone for tracking and managing product information throughout its entire lifecycle. The potential to provide reliable, tamper-resistant data across supply chains is driving […]
Changes are inevitable. One way by which we may have to change is our coffee drinking habits. According to Bloomberg, the coffee supply chain is struggling with constrained supply and increase in prices is inevitable. In today’s dynamic business environment, disruptions like material shortages or changing customer preferences can cripple your bottom line. Traditional, linear […]
In 2020, Microsoft committed to become carbon negative by 2030, and by 2050, the company aims to remove historical emissions since its founding in 1975. The company is operationalizing this target by reducing emissions as much as possible, increasing use of carbon-free electricity, and removing the emissions that remain. Meanwhile, Microsoft opened roughly 100 new […]
Supply chain network design (SCND) is a powerful tool for improving business operations. Optimization and simulation are the two main branches of SCND. Optimization accounts for over 90% of all work that is being done by SCND teams. It can be used to solve a wide variety of supply chain problems. But it has gaps. […]
Per $1 billion in company revenues, no supply chain application has a better return on investment (ROI) than network design! The larger the supply chain, the bigger the payout. Further, these projects are not for the faint of heart. Executives must have the fortitude to make changes in the operating policies and the network infrastructure […]
Supply chain resiliency and sustainability are top priorities for CEOs today. To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supply chains to collaborative supply networks and actively design their supply chains. Resiliency, which is the ability to withstand supply chain shocks and bounce back quickly, has become […]
