Supply chain management is a broad field that encompasses various topics, including
The supply chain is the face of the business that customers and consumers see. A company’s reputation and long-term sustainability hinge on the effectiveness of its supply chain management. Simon Ellis of IDC defines effective supply chain management as having five key features, known as the “5 Cs”. These include
Access to unstructured data from social media, structured data from IoT, and traditional data through ERP and B2B integration tools.
Improved collaboration with suppliers through the use of cloud-based commerce networks for multi-enterprise engagement.
Hardening systems and protecting them from cyber-attacks should be a concern for the entire enterprise.
The AI platform becomes the control tower, collating, coordinating, and making decisions and actions across the chain. Automation and self-learning are central to the modern supply chain.
Scalable analytics capabilities with real-time data insights. Latency is not acceptable in the future of supply chain management. Cloud-based commerce network participation is at an all-time high, and many supply chains are investing in strengthening their analytics capabilities. The future of supply chain management is rapidly evolving, and companies are at the forefront of this change.
Logistics involves the planning, implementation, and control of the movement of goods from the point of origin to the point of consumption. It includes all the activities involved in acquiring goods and materials, storing them, and transporting them to the end customer.
Supply chain management, on the other hand, encompasses a wider range of activities and considers the entire flow of goods, information, and finances from raw materials suppliers to the end customers. It involves coordinating and optimizing all the components of a supply chain, including procurement, production, transportation, and distribution, to ensure that goods are produced and delivered to customers in a timely and cost-effective manner.
In order to achieve effective logistics and supply chain management, it is important to have accurate information and real-time visibility into all aspects of the supply chain, as well as effective communication and collaboration among all participants in the supply chain. This can be achieved through the use of technology, such as logistics management software, and the implementation of best practices, such as lean production and just-in-time (JIT) inventory management.
Overall, logistics and supply chain management play a critical role in the success of organizations by helping to ensure that products are delivered to customers efficiently, at the right time, and at the right cost.
Supply chain management and logistics are not just a task, they are a passion! They embody the soul of a company’s success and are the driving force behind the smooth and efficient flow of goods, information, and resources from origin to consumption.
Effective supply chain management systems are a true masterpiece, seamlessly weaving together cost optimization, waste reduction, and time management in the production cycle. The standard in the industry is just-in-time supply chain management, where retail sales trigger automatic replenishment orders from manufacturers, ensuring that shelves are restocked almost as quickly as the product is sold.
But we can always do better! By analyzing data from our supply chain partners, we can identify areas for improvement, create value, and push the boundaries of what’s possible. The power of data analysis is truly unparalleled, and it allows us to identify potential problems before they arise, optimize pricing dynamically to maximize margins, and improve the allocation of available inventory to reduce incorrectly filled orders.
In short, supply chain management and logistics are the lifeblood of commerce, and when done right, they can lead to increased value and success for all participants in the supply chain. And that, my friends, is what we call passion in action!
Logibrisk is a top choice for logistics and supply chain management software. It offers increased efficiency through streamlining processes and automation, real-time visibility for informed decision-making, customization to meet specific business needs, scalability for future growth, a user-friendly interface, enhanced collaboration among teams and partners, and comprehensive data and reporting capabilities.
The license cost for the software can be determined through either a user-based pricing model or a transaction-based pricing model. User-based pricing is based on the number of users utilizing the software. On the other hand, transaction-based pricing charges per transaction are processed in the system, such as booking requests, delivery notes, inbound/outbound orders, etc.
logisbrisk Logistics Platform distinguishes itself from other market solutions by offering unique features and capabilities.
The Logibrisk Logistics Platform features have been expertly designed by a team with extensive experience in logistics. Feedback from customers worldwide has informed the development of new features. The most logistics service provider needs are likely already met by the platform’s existing features, but custom features can be taken up as part of the implementation process.
The software caters to various industries, with details not specified.
The product has the capability to integrate with telematics devices, mapping solutions, and ERP solutions.