As manufacturing and wholesale companies face supply chain disruption, inflation & net zero deadlines, collaboration with suppliers is more vital than ever to profitability Here are 7 key ways supplier collaboration can deliver more insight, sustainability and profitability to the supply chain. 1. Supply chain collaboration: Be dynamic Research from McKinsey suggests that a single [...]
Supply Chain Live Below the latest supply chain issues and a collection of the supply chain news from around the world. A potential economic recession and the supply chain bullwhip are colliding Supply chains are experiencing a massive bullwhip from the COVID economy and have built up massive inventory levels. A slowdown in consumer spending [...]
Announcement for all current Tradecloud Customers Date: 1/1/2022 Tradecloud subscription prices in existing contracts are indexed per 01/01/22 with the current inflation rates per first renewal date. As stated in the terms and conditions we follow the Customer Price Index as published by Centraal Bureau voor de Statistiek (CBS CPI). The indexation rate on your [...]
The Business Problem In this business case, AI workflow automation will be exemplified using the example of a TradeCloud client. The client is a manufacturer of machines for the sorting of eggs and is based in the Netherlands. The company has more than 200 suppliers for its components, which means putting a lot [...]
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, [...]