For more transparency: Three pillars of the digital Supply Chain
In order to meet delivery deadlines, legal regulations and contractual agreements, the seamless digitalization of logistics processes is becoming a strategic advantage in almost every industry. The integration of high-performance technologies and the networking of all relevant players form the basis for greater transparency, efficiency and flexibility in the supply chain. This development requires not only a reassessment of existing processes, but also an adaptation to the dynamic requirements of the market. In our latest article on the blog, we discuss the three pillars that are fundamental for an intelligent, adaptive and sustainable supply chain management.
Smart Logistics – networked systems and real-time data for managing the flow of goods
In order to meet the ever-changing requirements of international goods movements, companies must constantly improve and develop their logistics and transportation strategies. Real-time monitoring and integrative aspects are becoming increasingly important in the context, as digital solutions are essential for managing physical goods. The trend towards Smart Logistics is likely to gain further momentum in the coming years: According to recent studies many companies are planning to maintain or increase their investments in the digitalization of logistics by 2026. In our latest article on the blog, we discuss how companies are benefiting from the use of digital technologies such as transportation management, collaborative platforms and artificial intelligence.
Push and Pull Strategies in SCM: Hybrid Model as a Formula for Success
Effective supply chain management is a key concern for all companies operating in a global business environment. Push and pull strategies form the backbone of supply chain management and determine how companies manufacture, store and deliver their products to customers. But how do managers find the right balance between supply and demand to avoid risks and remain flexible at the same time? We discuss the difference between push and pull strategies and why ever more companies are adopting a hybrid approach.
Q&A: How does Supply Chain Visibility contribute to the optimization of logistics processes?
The complexity of global supply chains and the need to collaborate with a wide range of partners and stakeholders increases the importance of Supply Chain Visibility (SCV). In our Q&A, Ralf Boelicke, Head of Product & Partner Management at Hermes International, explains what is necessary for companies to use SCV profitably and what challenges need to be overcome when implementing a visibility strategy.
Scope 3 – Integrating environmental aspects into the SCM Strategy
In view of increasing legal requirements, sanction regulations and heightened public interest, companies are strategically strengthening their focus on sustainability. Under the Supply Chain Act or the new EU CSR Directive, it is therefore not just a matter of a company’s direct environmental impact, but also of Scope 3, i.e. the indirect emissions along the supply chain. Hence, if companies seek to achieve a net-zero objective, their efforts to reduce emissions must also focus on Scope 3. We discuss how environmental aspects can be integrated into the SCM strategy in order to advance the decarbonization of the entire value creation process.
News and background information on supply chain management, international logistics and global sourcing.
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