Supply chain optimization

Geopolitical tensions, new legislation, cyberattacks or natural disasters – global supply chains are constantly exposed to new challenges and risks. A company’s ability to respond effectively to unforeseen events often determines its long-term success. Since the Covid-19-pandemic at the latest, it has become clear that within a supply chain context, resilience is not a luxury, but a necessity for any forward-looking company. In this article, we present five strategies that can be applied to increase the resilience of supply chains.

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.

In our global economy, the management of complex supply chains is crucial to a company’s success. The Supply Chain Operation Reference Model (SCOR model) provides a comprehensive framework for this matter and aims to improve supply chain performance: SCOR was developed by the global non-profit organization Supply Chain Counsil (SCC) and is used worldwide to review and optimize supply chain performance. We explain which parameters the model uses, how it supports strategic risk management and what challenges can arise during implementation.

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.

Supply chain management encompasses all the steps involved in delivering a product or service from production to the end consumer. The longer and more complex a global supply chain is, the greater the risk of disruption between the extraction of raw materials and the point of sale (POS). So how can companies set up to be as resilient as possible in order to respond to volatile consumer behavior and rapidly changing economic conditions? In our latest article on the blog, we discuss the Lean and Agile models for supply chain management and explain how companies can benefit from the advantages of both strategies with a hybrid approach.

In the globalized business world, supply chain optimization is crucially important for companies. The focus has shifted significantly in recent years: instead of concentrating exclusively on raising internal efficiency, meeting customer expectations is increasingly becoming the focus of strategic corporate alignment. Nowadays, customers appreciate being able to trace the route and origin of goods in order to make fact-based decisions about their purchases. In our blog article, we explain how real-time transparency in supply chain management (SCM) can help to significantly improve the customer experience.

Global business processes are in a constant state of flux. This means that the requirements for modern supply chains are becoming increasingly complex. In order to maintain a balance between corporate stability and security on the one side and a flexible adaptation to changing market conditions and technological developments on the other side, business leaders are increasingly turning to hybrid supply chains. The latter combine different logistics approaches to ensure efficiency, resilience and flexibility. In this article, we explain which models of hybrid supply chains are available and what advantages and challenges they entail.

Today’s customers expect a seamless shopping experience: Orders should be placed without major hurdles and returns must be processed easily. It’s the task of logistics to move the required goods from one place to another as safely, efficiently and sustainably as possible. For this to succeed, orders need to be optimally planned and coordinated, and the individual sections of the supply chain must be precisely matched. We explain the key role of an active Order Management in this context and discuss how companies benefit from intelligent Order Management.

Delays in freight transportation are not always avoidable and sometimes they do lead to high additional costs. Disruptions to the unloading and collection of containers in the port and delays on the subsequent journey can result in significant surcharges. In our latest article on the blog, we explain the benefits of demurrage and detention management and discuss how it helps to reduce demurrage times, as well as the over-utilization of storage and freight capacity in order to avoid unnecessary charges.

In many companies, data from the various phases of the value chain is increasingly being generated and combined for analysis. To avoid confusion and to be able to draw profitable insights from the digital information, it is crucial that the sometimes highly sensitive data is strategically managed and processed. With Advanced Reporting, companies can collect and process the real-time data on their goods movements and receive proactive reporting on the current status of their supply chain processes through appropriate tools.