How to make your supply chain read your mind?

Forget about Siri!

Talking to your iPhone is certainly cool.

But you still have to tell Siri what you want and what Siri has to look for.

Wouldn’t it be great, if your phone would anticipate, what you want to ask and give you the answer before you have even asked for?

The same probably the case with supply chain managers.

It is certainly cool to “talk” to the ERP system and get the system do the planning, the ordering, the invoicing, ….

But like with my iPhone – every day I manually have to turn on the silent mode, when I go to bed, or I have to turn on the airplane mode when entering the airplane, or turn on/off Bluetooth for my headset in the office.

I want these things to happen automatically, so I don’t have to worry about them anymore.

Likewise the supply chain manager: He most likely would also appreciate, if certain actions would happen automatically and he did not have to worry about. So – how to make the supply chain read your mind?

My answer to this question is: Automate actions based on geozones!

Imagine, your container has arrived at the final destination (= geozone) and an authorized person opened the door of the container. At that moment, you know, that your cargo has been delivered to the client and that you can send the invoice. Or even better: your system knows and can automatically start the invoicing process, which allows you to have the cash in 2 weeks earlier. Automate action based on geozone!

Imagine, your container on the feeder vessel has arrived in the transshipment port (= geozone) with a delay. The transatlantic vessel has already left and your shipment plan is invalid. Based on the current location of the container, a new shipment plan with a new estimated time of arrival can be calculated and automatically fed into the supply chain manager’s ERP system. Automate action based on geozone.

There are many more such examples.

Therefore, forget about Siri.

Talk to us about how to make your supply chain read your mind.

Comments

The Vicious Cycle of Supply-Chain Innovation - Trapped Between Inflation and Interest Rates

Although headline inflation has fallen in most economies in recent months, core inflation remains stubbornly high. During times of high inflation, the cost of goods and services often increases rapidly, putting a strain on a business's finances. As a result, many business leaders may focus on cost management strategies, such as reducing expenses and cutting back on investments, to maintain profitability. Unfortunately, this can make it challenging to prioritize supply chain optimization. Supply chain optimization can be a highly effective strategy to alleviate the impact of high inflation. However, it is crucial to understand that supply chain optimization can be a highly effective strategy, especially during times of high inflation, and can help alleviate the impact of high inflation on their finances. By streamlining and improving the efficiency of supply chain processes, businesses can achieve long-term cost savings and improved profitability. Optimizing the supply chain can h

Spurious Correlations in Supply Chain Management - sneakier than you think!

The supply chain management landscape has undergone a massive transformation recently, rendering the traditional "fax" approach obsolete. In light of this, companies are gravitating towards digital solutions, which not only streamline the entire process but also help sustain market competitiveness. The old-school methods of communication channels were heavily reliant on paper, resulting in significant inefficiencies, errors, and time delays, which were avoided with the implementation of automated solutions such as email, EDI, and other digital communication channels. As the world of technology continues to evolve, more efficient and innovative solutions are constantly emerging, helping businesses remain competitive and future-proof in their respective industries. The realm of digitalization in supply chain management extends far beyond the realms of emails or EDI. Exploring the frontiers of predictive decision support is the key to unlocking immense potential and gaining a

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

Global Cargo Monitoring / Cargo Tracking / Supply Chain Intelligence

Search This Blog