The Business Problem The manufacturing process of memory chips involves around 1,500 steps that need to be performed in sterile conditions to avoid specks of dust from damaging the wafers. However, damages occur nonetheless. The quality issues that arise, scratches, holes etc., are often microscopic and near-invisible to the human eye! The manufacturing [...]
The Business Problem In the world of logistics, empty fleet management cannot be overlooked. For container shipping, the Boston Consulting Group estimates that up to 8% of a shipping line's operating costs relate to the repositioning of empty containers - without the associated costs of empty container storage and maintenance (BCG, 2015). The [...]
The Business Problem A major challenge for manufacturing companies is to know what, when, where and how much stock should be ordered and kept. SME’s traditionally calculate this manually using Excel, Google Sheets or other software solutions. These solutions can be automated to an extent and are fairly adequate in most cases. However, [...]
The Business Problem One of the biggest challenges for business executives today is demand volatility in relation to demand forecasting. Whereas data availability continues to increase, customer purchase patterns are becoming increasingly complex, and therefore harder to detect or predict (Symphony Retail, n.d.). There are too many factors influencing demand, ranging from weather fluctuations [...]
If you want to use AI in supply chain management and want to use AI to automate tasks and provide actionable insights into risks and possible exceptions, the most effective way to achieve this, is to look at the conjuction of Artificial Intelligence (AI) and Machine Learning (ML). However, what is AI and what is [...]
Tradecloud launched it’s newest version of the supply chain platform for faster and cheaper collaboration within the chain. Last week, Tradecloud, the leading B2B platform for the industry, launched it’s newest version of its online supply chain platform, called: Tradecloud One. The newest version enables users to collaborate in the supply chain even more easily, [...]
Supplier Collaboration and Supplier Management are often viewed as one and the same. That’s because when you ask someone what supplier collaboration is, many see this as centralising processes or better managing suppliers. But true supplier collaboration involves developing new competitive advantages that drive growth for the entire company through better supplier working relations that [...]
92% of companies saw supply chain disruption in the wake of Corona. Some issues were inevitable; some not. However the damage would be a lot less if company supply chain management was better equipped for the 21 st century. It’s shocking almost 30% of organisations still rely on email, excel sheet, fax machines and paper [...]
16/3 Coronacrisis affects global supply chains in multiple dimensions Since the unfolding of the Coronacrisis, gradually more and more attention is being given to the consequences for the global economy. It has been interesting to witness initial reports affected the Chinese travel industry (24 January), international air travel (29 January), jet fuel in China (January 30), Chinese retail (5 February). Only later the [...]
Developing a supply chain response to the coronavirus outbreak is extremely challenging, given the scale of the crisis and the rate at which it is evolving