With all the chaos that’s roiling logistics and supply chain service providers these days, it might come as a surprise to learn that deep-pocketed private investors are keen on the sector.
Maintaining your organization’s dependence on collecting, tracking and sharing supply chain data with Excel is perhaps the biggest threat to agility, resilience, visibility and profitability.
While it may seem that the solution to the truck driver shortage is simply to recruit more drivers, this overly simplified tactic may be contributing to the problem.
Truck drivers are often caught in the middle of communications between shippers and receivers — creating an influx of information that over complicates the job.
While the task and responsibility for managing the data supply chain is primarily the responsibility of information technology professionals, the concepts and tools we use every day directly apply to the data supply chain as well as the physical supply chain.
To improve collaboration and responsiveness, enterprises need what one might call “end-to-endless” visibility — advanced analytics that’s greater than the sum of its parts.
Despite the challenges higher fuel costs bring to industries, few companies have made significant efforts to address the issue. Fortunately, there are ways to mitigate the worst effects of the cost burden.