Vivek Sood's Blog, page 25
April 9, 2021
Fundamental Requirements For Using Artificial Intelligence (AI) Properly in Supply Chain Management
The most fundamental requirement is that the decision makers have a good understanding of supply chain management itself. The key reason that if you are vague about the basic drivers, elements and operating principles you cannot use techniques as precise as AI for improving supply chain management. So what are the principle components, driver and elements […]
The post Fundamental Requirements For Using Artificial Intelligence (AI) Properly in Supply Chain Management appeared first on Global Supply Chain Group.
What Happens When You Rename your Logistics Department As The Supply Chain Group Without Corresponding Skills Upgrade?
As the concept of supply chain management became increasingly popular in the mid 2000's or so, many companies renamed their transportation departments as supply chain management 'department'. This happened without understanding the difference between the two activities - where transportation department carries out an essential function role while the supply chain team carries out the […]
The post appeared first on Global Supply Chain Group.
April 8, 2021
Can You Get Unique Competitive Advantage From Off-The-Shelf Supply Chain Software?
Supply chain software companies are not the only ones who encourage the thinking that somehow getting a bunch of off-the-shelf software will put your company in a unique position to earn miraculous margin. There are many others - vendors of implementation services, reports and vendors of magic quadrants and potions who set a very high expectations.People […]
The post Can You Get Unique Competitive Advantage From Off-The-Shelf Supply Chain Software? appeared first on Global Supply Chain Group.
Can You Get Unique Supply Chain Advantage From Off-The-Shelf Software?
Supply chain software companies are not the only ones who encourage the thinking that somehow getting a bunch of off-the-shelf software will put your company in a unique position to earn miraculous margin. There are many others - vendors of implementation services, reports and vendors of magic quadrants and potions who set a very high expectations.People […]
The post Can You Get Unique Supply Chain Advantage From Off-The-Shelf Software? appeared first on Global Supply Chain Group.
April 7, 2021
Why Do We Need A Transport Management System (TMS)?
If you already have experience with TMS and other assorted SCM systems this blogpost is not for you.But a lot of my readers do not have such experience. They fall in one of the three categories below:They are novices who do not know much about anything in SCM and are trying to learn about the […]
The post Why Do We Need A Transport Management System (TMS)? appeared first on Global Supply Chain Group.
Role of TMS Among Supply Chain Systems
If you already have experience with TMS and other assorted SCM systems this blogpost is not for you.But a lot of my readers do not have such experience. They fall in one of the three categories below:They are novices who do not know much about anything in SCM and are trying to learn about the […]
The post Role of TMS Among Supply Chain Systems appeared first on Global Supply Chain Group.
Popular Approaches for Transport Optimisation
The purpose of this blog post is simple.I will explain Some Of The Most Popular Algorithms, Methods And Heuristics Of Transportation OptimisationHere are some of the most popular terms that you will hear when talking to the experts about transportation optimisation:Geotagging: Without knowing the exact location of the source and destination of a particular movement, it […]
The post Popular Approaches for Transport Optimisation appeared first on Global Supply Chain Group.
Do Not Waste Your Money on Transportation Management System (TMS) Unless You Do This First
On the face of it, thinking logically, there is only one drive for transportation management systems - reducing costs. That is why there is a common assumption that no matter what TMS you choose, you will come ahead with savings. The system is expected to pay for itself within a few years, if not months. These […]
The post Do Not Waste Your Money on Transportation Management System (TMS) Unless You Do This First appeared first on Global Supply Chain Group.
Three Dimensions of Transportation Optimisation
Transportation optimisation is an important part of a good transportation management system (TMS). When assessing transportation optimisation capability of a TMS, most people still have to think deeply about what exactly is being optimised, and to get what result. The reason is simple - few, if any, vendors provider a three dimensional optimisation function for transportation. Whether […]
The post Three Dimensions of Transportation Optimisation appeared first on Global Supply Chain Group.
April 6, 2021
Critical Functionality Of A Good Transportation Management System (TMS)
Many companies make do with Excel spreadsheets, paper invoices and back of the envelop calculations for planning and execution of critical transportation functions. For control they rely on using a harsh voice and long memories of their operators. Nothing wrong with that if you can get away with such adhoc systems. But, there comes a time when […]
The post Critical Functionality Of A Good Transportation Management System (TMS) appeared first on Global Supply Chain Group.
