The availability of labor (or lack thereof) is requiring us to think differently about network strategy and site selection. Distribution network strategy is no longer just about optimizing traditional costs (transportation, operating expense, fixed costs and capital). Today, when evaluating different network strategies, total supply chain cost, including availability, cost and quality of labor, real estate occupancy costs, inventory working capital and possible economic incentives must be considered alongside service level improvements that drive revenue growth. -Chirag Modi, Director, Global Strategy, Fortna Inc., and Tray Anderson, Vice President, Strategy, Fortna Inc.
Logistics providers have been relatively slow in embracing artificial intelligence and machine learning. Now, the technology is finally beginning to have an impact on key business decisions throughout the industry.
The latest news, analysis, services and systems for facility location planning and network design and their impact on global supply chains. Today’s companies are planning their location of facilities and the underlying transportation network in order to deliver goods in a more timely and efficient manner than ever before. New technologies are transforming the way companies search for and choose the right location for a facility in a region — allowing them to stay ahead of the competition in their industries. As these services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using facility location planning solutions to power their supply chains.
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