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Tracking Fixed Assets Across the Modern Supply Chain
| February 13, 2020
Spedag Interfreight is one of the leading freight logistics companies in East Africa with operating companies in Uganda, Kenya, Tanzania, Rwanda, Burundi, South Sudan DRC and Switzerland.
Article | March 27, 2020
From Walmart to Amazon, the positive role of collaboration in warehouse management is undisputed, and collaboration is on track to revolutionize tomorrow’s warehouse management standards. In fact, both Amazon and Walmart leveraged warehouse management and supply chain management strategies to grow two of the world’s largest retailers. Meanwhile, the demand for more products, more space and faster delivery windows has refocused the role of warehouse management in successful business, and you need to understand how supply chain disruptions will shape its future.
Manufacturers across the globe are struggling to address supply chain disruptions caused due to COVID-19 outbreak. Commonly called as coronavirus, is impacting supply chains in terms of parts, labor, and government restrictions. Quarantined workers and shortages of components have crimped the availability of goods from different manufacturing locations, primarily China. The severity of disruptions is expected to increase after the first quarter of this year. Lead times have doubled, and that shortage is compounded by the shortage of air and ocean freight options to move products for the majority of US businesses due to coronavirus impact on supply chains.
Knowing what your critical needs are and what drives your company will assist you in addressing the solution to the problem of what warehouse management system you should use. The system’s functionalities must closely match your requirements, which can be determined by identifying the particular problem(s) that needs solving. Vital in selecting a warehouse management system (WMS) is the identification of the key business requirements of your company.
Chief Supply Chain Officers (CSCOs) and their organizations often struggle to optimize decision making and manage disruptions because they lack end-to-end visibility. More than 75 percent of CSCOs and supply chain leaders report that they have “very limited” supply chain visibility— and 65 percent say they have limited or no visibility beyond Tier 1 suppliers. The overwhelming amount of data spread across siloed systems and external sources is a familiar challenge among CSCOs – but they don’t always know how to address it. AI has emerged among best-in-class supply chain organizations as a textbook solution to enable end-to-end supply chain visibility.
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