SUPPLY CHAIN

Dynamic Computer Corporation Launches a Scoring Methodology for Calculating and Ranking Supply Chain Risk Exposure

Dynamic Computer Corporation | March 24, 2021

Dynamic Computer Corporation (DCC) today announced the release of its Dynamic Supply Chain Risk Scoring methodology (SM), a patented risk management process that defines possible supply chain risks and provides best-practice mitigating solutions based on scoring performance.
Dynamic Supply Chain Risk ScoringSM, tailored to consumer demands, offers detailed insights into the capabilities and shortcomings of every technological supply chain, empowering realistic, actionable insights and objective decision-making. A variety of large, well-known organizations has now successfully validated the latest scoring process.
In announcing its formal launch, Dynamic's CEO and President, Farida Ali, noted that "Our supply chain risk scoring is based on the company's 40 years of experience in helping companies to optimize their product supply and meet their customers' needs. Supply chain stability is essential to achieve internal peace of mind and customer confidence, and our scoring process delivers both of those outcomes."

Dynamic Supply Chain Risk ScoringSM is based on a rigorous process involving:
• Extensive examination of the Bill of Materials (BOM) and the supply chains involved with each material;
• Failure Mode and Effects Analysis (FEMA) is being used to evaluate 5 major risk categories.
• Identification of any flaws or vulnerabilities, as well as the assigning of Risk Priority Numbers (RPNs) to each of the 5 risk categories;
• A detailed written overview of the risk scoring enables clients to proactively minimize possible threats to their technology supply chain.

The Dynamic scoring process is especially beneficial for businesses in complex, heavily controlled industries such as medical devices, aerospace, and defense. Companies who participated in the initial tests indicated that Dynamic Supply Chain Risk ScoringSM addressed an unmet need in supply chain risk management.

About Dynamic Computer Corporation
Dynamic Computer Corporation, established in 1979, is widely regarded as the industry pioneer in sourcing, measuring, configuring, and obsolescence transformations for electronic technology in highly regulated industries. Dynamic offers asset and lifecycle management services as a cohesive, reliable, and managed approach.

Spotlight

Career profile of a superintendent in industrial rail services in Canada's supply chain sectorThe Canadian Supply Chain Sector Council launched 10 new People in Supply Chain videos, at the SCMA Alberta 2017 Conference in Red Deer, Alberta. The video profiles focus on men and women working in Alberta’s supply chain sector in a variety of industries and functions, and provide a sampling of the sector’s career options.

Spotlight

Career profile of a superintendent in industrial rail services in Canada's supply chain sectorThe Canadian Supply Chain Sector Council launched 10 new People in Supply Chain videos, at the SCMA Alberta 2017 Conference in Red Deer, Alberta. The video profiles focus on men and women working in Alberta’s supply chain sector in a variety of industries and functions, and provide a sampling of the sector’s career options.

Related News

LOGISTICS

Port City Logistics Selects Turvo to Fuel Expansion

Turvo | February 16, 2022

Turvo, provider of the world's leading collaboration application designed for the supply chain, and Port City Logistics (Port City), today announced a strategic partnership to underpin the future success of one of the fastest-growing logistics providers in the U.S. Port City owns and operates 3 million square feet of warehouse space serving the single largest and fastest-growing container terminal in America -- the Port of Savannah. After reporting record growth the past two years, Port City is expanding its warehouse and distribution network and projects a 67% growth rate in 2022. The company required a solution to maximize its warehouse expansion, increase efficiencies, and provide its customers a more digitized customer experience. From a go-to-market standpoint, Turvo allows us to be more than a commodity, Turvo gives our customers a different tangible experience. From a delivery perspective, Turvo brings together multiple disparate business processes that improve workflow efficiency, reduce cost, and pass on a better experience and transparency to our customers." Port City CEO, Eric Howell. Port City, now tech-enabled with Turvo, looks to: Provide a collaborative network to shippers and carriers for a seamless customer experience. Scale operations without limits. Connect with more non-vessel-operating common carriers (NVOCCs) to pre-empt drayage service quote requests and manage bookings in one platform. Gain more visibility into inventory levels at the warehouse to track and share inventory costs with shipper clients. Ensure constant oversight and tracking of all trucks and documentation through an app-based experience. Technology-Driven Transformation Built on the award-winning Turvo Collaboration Cloud platform, Turvo's technology goes beyond traditional TMS by simplifying the interface between customers and logistics providers, empowering shippers, carriers, third-party logistics providers (3PLS), and brokers with a streamlined social network approach to supply chain management. Companies that work with Turvo report 3X more revenue per employee, 5x more shipments per client, a 50% reduction in manual updates, and 10x better fleet utilization. We were looking for the most modern stack with the best user experience that had integration capability and customer and carrier collaboration and visibility built into the platform and overall architecture, Turvo was the only platform that met all those qualifications. Collaboration isn't dashboards and portals, it's true collaboration and workflow participation." Chris Somerville, Port City's SVP Customer Experience. About Turvo Turvo provides the world's leading collaboration application designed specifically for the supply chain. Turvo connects people and organizations allowing shippers, logistics providers, and carriers to unite their supply chains, deliver outstanding customer experiences, collaborate in real-time, and accelerate growth. The technology unifies all systems, internal and external, providing one end-to-end solution to execute all operations and analytics while eliminating redundant manual tasks and automating business processes. Turvo customers include some of the world's largest, Fortune 500 logistics service providers, shippers and freight brokers. Turvo is based in the San Francisco Bay Area with offices in Dallas, Texas, and Hyderabad, India.

Read More

Grubmarket Releases the Most Comprehensive and Modern Software-as-a-service Platform Built for Food Industry Suppliers and Vendors

Grubmarket | August 27, 2020

GrubMarket, a prominent technology and business leader in the food & technology industry, today announced the general availability of WholesaleWare 2.0, the most comprehensive and modern Software-as-a-Service platform built for food industry suppliers and vendors. Over the past few decades, technology has added immense value to supply chains across a multitude of industries, but technological advancements and dedicated software solutions have been slow to permeate the food industry. San Francisco-based GrubMarket identified this market gap after launching its direct wholesale business back in 2015, and the company originally built WholesaleWare 1.0 for managing its own B2B customers and suppliers. After powering up hundreds of millions of dollars of GrubMarket's B2B sales, and receiving overwhelmingly positive feedback from GrubMarket's B2B division, its customers and suppliers, WholesaleWare 2.0 is now being made available to all food industry wholesalers, farmers, distributors, suppliers, and vendors across the United States. WholesaleWare 2.0 combines a user-friendly interface with comprehensive technical functionalities, leading directly to increased productivity and accuracy, waste reduction, profit margin improvement and customer satisfaction. WholesaleWare 2.0 provides end-to-end financial tracking and order management for the food industry. It also includes advanced logistics management and work order processing services, making the software suitable for small to medium businesses, as well as larger international distributors.

Read More

SUPPLY CHAIN

Report by Prologis Takes a Deep Dive into Automation in Supply Chains

Prologis | December 01, 2020

A report recently issued by San Francisco-based real estate investment trust organization Prologis brought a profound plunge into how "automation has the power to revolutionize logistics operations. The report, named "Automation and Logistics Real Estate #1: The State of Automation in Supply Chains," featured three patterns that the firm said will prompt to higher levels of automation in Prologis’s facilities. The patterns refered to in the report included: the ongoing COVID-19 pandemic prompting more prominent non-appearance and further focusing on work accessibility; technology proceeding to improve, extend capacities and decrease expenses; and work concentrated activities, eminently online business, developing rapidly.

Read More