core supply chain principles

Artificial intelligence and machine learning are deriving new insights from supply chain data that are increasing efficiency, improving decision-making and making operations more resilient. Penske is deploying AI to analyze and adjust operations throughout the supply chain.

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Supply chains are always vulnerable to disruptions, and the increased amount of global and geopolitical uncertainty is introducing new operational challenges that can change by the minute. Flexibility and adaptability are becoming table stakes as shippers and their logistics partners navigate unexpected and often unpredictable changes.

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Ongoing disruptions, rapidly advancing technology and the need for continual improvement are reshaping the supply chain. The 35th Annual Council of Supply Chain Management Professionals (CSCMP) State of Logistics Report®  uncovered several trends altering the supply chain landscape.

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The supply chain continues to deal with ongoing disruptions, which have become increasingly numerous, larger in scale and more simultaneous. While technology plays a critical role in keeping products moving, 3PLs and shippers can’t overlook the value of getting back to basics and focusing on core supply chain principles that have proven successful time and time again.

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