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Build Supply Chain Resilience with a Diverse Sourcing Strategy 

Logility

Every industry article, news segment, analyst research paper, and boardroom conversation offers varying perspectives on the real issues impacting supply chain performance and the best way to fix them. But it moves business decision-making toward a more probabilistic mindset,” shares Matt Gorman, senior business consultant at Logility. “A

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Transforming Manufacturing Operations with Supply Chain Technology: 3 Key Areas to Invest In

Logility

of supply chain managers using Excel spreadsheets to manage your inventory and supply chain, it’s time to make a change. In this article, we’ll discuss the importance of technology investment in manufacturing, highlighting the three areas where manufacturers need to invest. If you’re one of the 67.4%

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Demand Planning Software – Top 3 Demand Forecasting Mistakes to Avoid

Logility

Accurate demand forecasts can empower a business to optimize its production schedules, manage its inventory efficiently, and minimize waste, which can lead to improved profit margins. In this article, we’ll shed light on three common mistakes that could undercut your demand forecasting effectiveness and how to avoid them.

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Risk Management Can Be a Competitive Advantage, Part Two

Enterra Insights

“The human race has long appreciated that disruptions are part of life,” writes the staff at Logility, “they come in waves, and the best laid plans don’t always result in the outcomes we work to achieve.”[1] The Logility staff notes, “Be brutally honest and ask, ‘Does the business have a problem?’

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Supply Chain Manager – A “Green” Superhero

Logility

For example: Optimizing a distribution network not only reduces logistics costs but, in most cases, reduces carbon emissions through fewer transportation miles and/or less inventory holding costs. Source: Nielsen Product Insider, 10/20/2018. The article listed characteristics of sustainability leaders: 1.

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Winning the Inventory Battle in the Consumer Products Industry

Logility

Depending on the source, it is widely reported that anywhere from 50 to 85% of new products fail to achieve success. According to an article in the Harvard Business Review, many of those failures are due to initial misreads of market conditions ( Why Most Product Launches Fail ). reduction in finished goods inventory (days).

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Four Steps to Better Demand Forecasting

Logility

In this article we review four data concepts that drive forecast results, and we provide some practical recommendations on how to address them. Inventory Management: Low level of aggregation to support SKU level decisions. Using sales history to portray demand assumes that your inventory has always been available for sale.