Long routes vs short routes

In the supply chain, the difference between a company that makes $100 million a year and one that makes $100,000 a year lies in one thing:

Their perspective when faced with important decisions.

1 of 2

What will happen to shipping companies when they have to implement blockchain?

With this technology, everything will be clearer and more visible.

For example, the temperature inside your trucks when moving food.

Many business owners are getting ready to file for bankruptcy.

The best invention in the supply chain field

A sensor that tells you where your truck is in real time

Before this sensor, entrepreneurs in the supply chain field did not know where their trucks were

This means that you don't necessarily have to reinvent the wheel to revolutionise this industry.

Transporting more packages does not always mean earning more
An entrepreneur operating in the supply chain must pay attention to one thing

ORGANIZATION

It is not true that transporting more pallets or packages means earning more

Entrepreneurs in the supply chain sector are the only ones who don't worry about understanding what people want.

It's impossible that someone will knock on their door complaining that deliveries are too fast.

They only have to do one thing: be faster.

Entrepreneurs working in the supply chain have an advantage.
They already know what customers will want in the future.
Ever faster deliveries.
The only thing they need to do is hire more software engineers who can create increasingly powerful software capable of making ever better decisions.

Currently, the software that supply chain companies need must be able to predict demand with a margin error of 10% or less.

There are software engineers who create products that are not needed.

Currently, there are warehouses full of things that people don't need.

The supply chain from a software engineer's perspective

If you mess up a line of code, your fleet management software won't work.

If it doesn't work, 20 trucks with 25 and 34 pallets of products to deliver won't know where to go.

Hidden tips

Here's what supply chain entrepreneurs underestimate that can benefit their business

Demand forecasting based on real-time data and AI

There are always hidden tips in every business

From the point of view of insurance agencies, supply chain companies represent a complex and strategic area in which risk is very high and highly variable, which is why insurance weighs heavily on the financial statements.

Never try to save money on this.

The truth that no one tells you about supply chain companies that want to go green

Statistics

A supply chain company needs 5-10 years to go green, so be wary of anyone who says they can do it in the next 2-3 years.

The advantage that new supply chain companies have is that they will be born green

Technical skills you need to have if you want to work in the supply chain industry

Data analysis skills, using advanced analytics tools to optimize shipping routes, manage inventory, and forecast demand, thereby improving operational efficiency.

This is a great job opportunity in the supply chain industry.

Supply Chain Manager

Responsible for managing the entire supply chain network, developing strategies to optimize operations, managing suppliers, and ensuring on-time deliveries within budget.

The two main mistakes made in supply chain management, which you are probably making too

1- Lack of Visibility and Communication
2- Poor Inventory and Supplier Management

Here is an idea for an AI agent to be developed for supply chain companies

Some features it must have
1-Demand and inventory forecasting and optimization
2-Automation and optimization of logistics and warehouse operations
3-Risk management and supply chain resilience

If there is one thing that all entrepreneurs have in common, regardless of the industry they operate in, it is the

Optimization of resources – time, money, and talent must be maximized everywhere, not just in logistics.

This is a key concept for all businesses, not just in the supply chain.

If there were one question that all entrepreneurs (including those in the supply chain) are asking themselves, it would surely be

What impact will geopolitics have on my business right now and over the next 10 years?

Case study of successful companies that embody the key principles of the supply chain

Toyota

Philosophy of “supplier partnership” based on mutual trust, information sharing, and joint improvement.