Digitalization

Advancing digitization has profoundly changed the logistics industry by opening up new opportunities for greater transparency and efficiency: Modern technologies enable seamless networking and data integration along the entire supply chain. This allows companies to optimize their operational processes and react quickly to dynamic market conditions. As a virtual representation of physical supply chain processes, the AI-based digital twin is also playing an increasingly important role in the management of complex supply chains. We discuss how a digital twin works, what advantages the approach offers and how it can be implemented in practice.

Digitization plays a key role in making supply chains more secure: This view is held by more than two thirds of a total of 150 logistics managers at German companies that have been surveyed for the 20th Hermes Barometer "Risk Management along the Supply Chain". After all, the use of advanced technologies supports data collection and analysis – and therefore plays a key role in risk analysis and management.

New legal regulations, geopolitical tensions, digitalization – companies with global supply chains are exposed to multifactorial events. In order to avoid disruptions or failures along the supply chain, they are well advised to proactively develop strategies that enable them to adapt quickly to changing conditions. The study "Supply Chain Plans 2024" conducted by Software Advice explores how specific approaches to strengthening resilience could work. We have summarized the most important results for you.

The adoption of the European Green Deal marks a turning point in the shaping of our economic future. Through new standards for sustainability, green logistics and environmentally friendly business, Europe is to become the first climate-neutral continent by 2050 and decouple its growth from the use of resources. As part of this transformation strategy, existing laws are constantly being adapted or redrafted – with serious implications for global supply chains. We explain what companies can expect and what role digitalization will play in this context.

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.

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.

The increasing digitization of global supply chains is also having an impact on Supply Chain Sourcing: Companies are turning to smart technologies and strategies to optimize their procurement processes and better adapt to ever-changing market demands. The digital transformation in sourcing offers a multitude of opportunities and is fundamentally changing how managers identify, select, manage and interact with suppliers. We discuss how companies can optimize the different elements of Supply Chain Sourcing with the help of various technologies.

In the wake of technological change and global challenges, many companies need to rethink production processes and realign their supply chains in order to remain competitive. Digitalization, automation, cybersecurity: According to the "Smart Manufacturing Survey" conducted by IT company Avanade, there are many topics on the transformation agenda of the companies surveyed. We have summarized the most interesting results for you.

Digital supply chain management represents a paradigm shift in the design and management of supply chains. In order to overcome the challenges and complexity of today’s value chains, companies are increasingly relying on innovative technologies and analytical tools. The latter enable them to monitor the entire supply chain in real time and react immediately to changes. We discuss how digital SCM is changing operational processes and what role predictive analytics plays in this context.

Digital technologies make a decisive contribution to increasing supply chain transparency: This view is held by more than two thirds of a total of 150 logistics managers at German companies surveyed for the 19th Hermes Barometer "Transparency along the Supply Chain "*. According to the poll, end-to-end visibility of the supply chain through multilateral data sharing leads to numerous benefits, such as an increased quality of deliveries and higher customer satisfaction.