Tag: Digital Supply Chain
On March 14 and 15, 2017, the eighth e-solution conference sponsored by the German Association for Supply Chain Management, Procurement and Logistics (BME) was held in Düsseldorf. This event is one of the largest gatherings for e-procurement and e-sourcing in the German-speaking world. Read more
Artificial intelligence is the topic of the hour. This was not any different at Bosch Connected World. Nearly 3,000 IoT enthusiasts talked about business models and innovations relating to the Internet of Things in Berlin on March 15 and 16, 2017. The top three topics were artificial intelligence, automation and openness. Read more
February 15 saw the conclusion of “Forum Automobillogistik” (Forum Automotive Logistics), a joint event organized by the German Federal Logistics Association (BVL) and the German Association of the Automotive Industry (VDA). More than 500 experts and executives from the automotive and logistics industry met in Bremen for two days. The regularly occurring event was hosted by Mercedes-Benz AG, which provided the customer center located at its plant for this purpose. Together with Dr. Joachim Damasky, Managing Director of VDA, Prof. Dr. Wimmer, the Board Chairman of BVL, welcomed the participants under the motto “Smart instead of reactive – on the path to digital dimensions”. Read more
Many companies are determined to improve their use of information from individual internal and external IT systems as a way of meeting the challenges of a digital supply chain.
Traditionally, planning, procurement, logistics and transport management have been separate processes. Whereas material planners determine how many parts are needed for production during the manufacturing process and order them while keeping an eye on safety stocks, suppliers use their own systems as do the transport service providers. What is delivered when and in which quantity can usually not be determined until the goods receipt. Read more
As a branch of business analytics, predictive analytics is focused on making projections about relevant events in the future. Although not known by this particular term, the discipline itself has long been used to manage supply chains.
The VMI process is a good example of a long-standing predictive analytics approach. When regulating supply using VMI, the customer defines inventory thresholds that suppliers are not allowed to exceed or fall short of over the course of their deliveries. Read more
The best comes at the end: This statement again came true for the 6th Aviation Forum in Hamburg, as the last but probably best aerospace event of 2016 opened its doors to more than 600 attendees and about 110 partners, sponsors & contributors on December 6th. This event is one of the key platforms for Airbus and its global suppliers, with industry experts attending panel discussions and sharing insights.
Attendees arriving the evening before had the opportunity to visit Hamburg’s Christkindlmarkt, which allowed for networking even prior to the official start of the event. Read more
70 percent of respondents in a new study on the digitalization of the aerospace supply chain say they are convinced that digitalization can be advanced only if all parties use the same system. But the reality proves to be different. More than 80 percent of the respondents confirm having to use multiple portals to communicate with customers – and this, even though approximately 90 percent of the respondents were convinced that the multitude of different portals undermined the positive effects of digitalization.
The continued digitalization of the supply chain across all levels – as the study also clearly found – is viewed as being one of the most important measures for mastering the future challenges in the aerospace industry. Read more
To successfully manage aerospace supply chain networks, it is essential to tackle special challenges. Efficient processes in complex, international networks require thinking that spans departmental and even corporate boundaries in customer/supplier relationships.
This begins with the organization of networks and extends to the planning and execution of processes on through to controlling.
Expectations are high when it comes to the digitalization of the supply chain: Read more