Exchange of information in the digital Economy

The exchange of information is a key condition for supply chain collaboration which will lead to supply chain resiliency. However, the rules of collaboration are currently being rewritten with the emergence of the digital economy.

Rail freight transport between Vietnam and Europe: A fast and cost-effective option

Vietnam Railways(VNR) launches freight train service to Belgium. Vietnam Railways (VNR) on July 20 added a new rail freight link from Vietnam to Belgium, with the first train departing from Yen Vien station, Hanoi, and expected to arrive at Liege City in Belgium. In the context of the COVID-19 pandemic, international maritime transport is facing difficulties

Outsourcing Suspects: Ten Tasks to Outsource

These examples of work components are relatively easy to outsource and offer moderate risks as well as decent cost benefits. 1. Security/Availability Monitoring. This may include activities such as monitoring production system availability, third-party performance testing, intrusion detection, and ethical hacking. 2. Database Administration. Outsourcing a broad set of DBA tasks—in particular, supporting uptime of critical systems—could be extremely cost-effective. 3. Functional Testing. Outsourcing functional testing provides flexibility and price performance. The key is to outsource some portions of testing while both retaining in-house acceptance and investing in knowledge retention and transfer

Principle Bullwhip Effect

Principle (Bullwhip Effect): Demand at the top (manufacturing) level of a supply chain tends to exhibit more variability than demand at the bottom (retail)level due to batch ordering, forecasting errors, promotional pricing, and gaming behavior by customers.

Optimization in warehouse operation

Warehousing and material handling equipment (MHE) involves solving a large number of important design and operational problems in production/distribution systems and economics research. Both are critical topics of interest for industry, managers, practitioners, public and private research, including academic research, as they affect costs, efficiency, profit, environmental impact, risks, maintenance, safety, and ergonomics.