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Top 5 Logistics Challenges and Solutions for the Manufacturing Industry

GlobalTranz

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. 5 Challenges Facing Supply Chain Managers in Manufacturing. 5 Challenges Facing Supply Chain Managers in Manufacturing. Supply Chain Management and Maintaining Inventory.

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Risk Management Can Be a Competitive Advantage, Part Two

Enterra Insights

As the Logility staff notes, “Major sustained turmoil — like that caused by COVID-19 — quickly separates companies into bankruptcies, survivors, and thrivers.”[3] ” Of course, avoiding a crisis is a better and more cost-effective strategy. Did we take on too much risk?'”[4]

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Fruitless Efforts: 5 Demand Forecasting Challenges Causing Fresh Produce to Decay on Shelves

ThroughPut

It becomes even more sticky when it comes to fresh food and perishables, as planning and forecasting demand accurately impacts the health of the supply chain, creating an irreversible dent on sales revenue, operational targets, inventory levels, cash cycles and upstream/ backstream activities.

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10 Disastrous Warehouse Accidents Reasons & Solutions

SCMDOJO

Common warehouse accidents and their causes Warehouses are dynamic environments where goods are stored, sorted, and distributed. By prioritizing safety, warehouse managers can ensure that their employees can work in a secure environment, reducing the risk of injuries, costly lawsuits, and damage to inventory.

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Bringing data to the table: A CPG’s guide to growing sales

crisp

This data can be used to measure sales performance, streamline operations, reduce waste, and inform marketing decisions. To date, Paul estimates that Crisp has helped Aura Bora save tens of thousands of dollars in revenue by monitoring product trends and avoiding stock-outs.

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How SMBs are Harnessing Powerful Data on Their Plant Floor

OptiProERP

This blog delves into how AI and ML are shaping the future of smart manufacturing. Demand Forecasting and Inventory Management Accurate demand forecasting is crucial for efficient production planning and inventory management. This also improves customer satisfaction and minimizes costs associated with carrying inventory.

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5 Ways Businesses Are Uncovering Success With AI In Manufacturing

ToolsGroup

Unfortunately, equipment downtime causes financial losses of an estimated $50 billion a year. Optimize spare part inventories. They focus on process improvements, the elimination of waste, and real-time detection and correction of defects. These systems avoid paths with people, forklifts, production lines, or pallets.