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Adding Value to Your Company When You Don't Know Jack About Data

  You finally got your supply chain visibility (, but the positive effect still needs to be added. You may be rich in data but need help figuring out what to do with it ( Are you data-rich but still need to be data-wealthy? Why don't we compare a "rich person" in the classical sense to a "new data-rich supply chain manager" and see how they got rich and stayed wealthy? I looked up some advice, and Harvard Business Review summarizes four learnings in an article titled " How to Build Wealth When You Don't Come from Money ": 1.) Let go of limiting beliefs. Your mindset can lead to significant missed opportunities if you keep limits and believe you don't deserve abundance. 2.) Accept that money is not always evil. Understanding that you can use your money to do good in the world can be a game-changer. 3.) Understand that a high income is not enough. Building wealth requires intentionally managing your expenses - and, yes, in
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Supply Chain Visibility: The Trashy Reality TV Show You Can't Escape

D o you know those trashy reality TV shows? The ones that you can't get away from? The ones your kids watch on their phones while you try to talk to them about something important? Yeah, those.   And then there's the term "visibility," which is used in the supply chain industry – and it's just as annoying. Admittedly, the audience for visibility isn't as large as for “ Too Hot to Handl e” or “Love Island”. Still, for supply chain industry savvy people, it's also just another term for trash TV that you can't escape.   But here's where things get interesting: there are some pretty consistent parallels between these two types of trashy media. In these broadcast formats, every angle is filmed and tapped - similar to tracking cargo in transit! Every detail of going to the bathroom (including intimate shaving), activities under the covers in the bedroom (and much more) is filmed and recorded seamlessly using "sensors." And because such "ra

"Logistics Control Tower" versus "Supply-Chain Resolution Hub"

Today's main Supply Chain Challenges are complexity, visibility and risk. While automation has made supply chains more efficient, they've also become more complex and convoluted. This is why we need a new approach to managing them: the resolution hub. To understand this new approach, we'll explore some of today's most common problems with existing control towers and how they can be solved with a resolution hub solution that monitors, detects and resolves problems at scale in real-time.   Today's main Supply Chain challenges are complexity. Complexity is a challenge for all organisations, but it is especially difficult for SMEs who face challenges on multiple fronts: ●    Complexity is multi-dimensional, cross-functional and international in nature. It touches every part of the business from sourcing through manufacturing and delivery to sales and marketing. ●    You can't solve this problem alone - you need an ecosystem of partners that can help you with your ch

Hello, my fellow financial freedom fighters!

Ahoy, captains of industry! Today, we embark on a journey through the stormy waters of trade financing! Supply Chain Management is hot. Supply Chain Visibility is even more alluring. Nearly daily, you can read articles or join webinars about how important visibility has become in managing cargo worldwide. However! It's not just about moving physical goods from one place to another; it's also about the financial transactions that make that trade possible. Without trade finance, we wouldn't have a global economy. Trade finance is the backbone of the worldwide economy. It links people, businesses, and countries in a web of trust and credit. But there's a problem: The World Trade Organization estimates that US$ 2-5 trillion in trade finance capacity is needed to "just" enable a rapid recovery from the consequences of the pandemic. And there is a second problem: 1 in 2 SMEs don't receive the trade financing they need. This means they also lack the money to inve

570 Tons of Horse Shit and 57.000 Litres of Urine per Day!

The year was 1894, and London had been dealing with the "Great Manure Crisis" for years, and the Times had predicted that every street would be buried under nine feet of manure. Urban planners needed help with what to do about the situation. New technologies in the form of motorized vehicles started to make a difference. Introduced on a massive scale, they allowed for easier transportation of goods and people throughout the city and reduced waste accumulation in public areas. Still uncertain about how this new technology would affect their society, urban planners decided to give it a chance and began introducing motorized vehicles into the city streets little by little until, eventually, enough cars were running around that the Great Manure Crisis finally came to an end in 1912. Little did anyone know then that this invention would continue to shape our world for centuries more to come — from Charles Lindbergh's first solo flight across the Atlantic Ocean in 1927 up until

REVOLUTION - Transforming Global Trade with Collaboration in Supply Chain

Throughout history, humanity has strived to make our lives easier. We have gone from manual work to mechanic and analog processes to digitalized ones. Now, we are entering a third revolution that will change global trade and supply chain management as we know it: the transition from dissonance to resonance – or collaboration, as I would call it. Global trade and supply chains are essential to a business's operations, but they face several significant challenges today. The processes involved in managing these operations have traditionally been linear and one-dimensional. This has led to a silo-focused approach to planning and execution, with a singular focus on cost and quality provided by highly fragmented service and solution providers. This fragmented dissonance has severe limitations regarding agility, resilience, and sustainability – three factors crucial for global trade success in the 21st century. The current mindset of supply chain management is linear and one-dimensional;

Leveling Up: Are We Moving Towards Dataocracy?

Data has become one of the most sought-after resources in business, and for a good reason. It is invaluable for its ability to bring wealth and power, earning it the nickname "the new gold." The new wealth and power Data has become a powerful driver of wealth and power in the modern age. It has allowed businesses to move away from traditional hierarchic models, replacing them with data-driven decision-making that can result in a more equitable distribution of resources and opportunities. As such, data is reshaping economies and societies worldwide, allowing individuals and organizations to gain power and influence without relying on the traditional forms of wealth and privilege. With data now considered "the new gold," it is no longer just aristocrats or nouveau riche benefiting from this resource. Everyone can reap the rewards of data-driven decisions, allowing them to level up their businesses and lives. As we move towards a data-driven future, let's ensure ev