Process mining helps citizen analysts and business technologists discover how an organization operates and where many avoidable costs get tied up in exceptions. It is essential, including for supply chain leaders, to know what process mining is and how it differs from data mining. Citizen analysts and business technologists also must know how to start an initiative, the use cases for process mining, and how to deliver business value.
Third-party logistics (3PL) providers are becoming increasingly attractive investments for private equity firms. Supply chains are vital to the global economy, the market is extremely fragmented, and there is currently an inefficient use of technology assets, leaving a great deal of opportunity for potentially lucrative investments in 3PLs that serve middle-market customers given their potential for expansion within the industry.
Global trade has never been as ubiquitous as it is today. Technology of all kinds – from transportation tech like containerization, cargo aircraft, and supermax vessels all the way to the digital global e-commerce marketplace – facilitates an unprecedented flow of products around the world. At the same time, tariff and sanction shifts have become the main enemy of the supply chain manager, who relies on consistency and certainty to plan and execute global trade.
A panel of Logistics experts on the how the industry can move from basic optimization, to AI-enabled dynamic planning and execution Outdated transportation management systems (TMS) and infrastructure are among the most significant challenges plaguing the domestic transport industry today. It continues to be extremely difficult to access tracking, reporting, and analytics information.