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Key Insights from NRF 2024: Navigating the Future of Retail

ToolsGroup

Last year witnessed a considerable impact on retailers’ profits attributed to shrink, commonly recognized as lost inventory. The imperative of implementing a comprehensive process to ensure full visibility into inventory has become more paramount than ever before.

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Generative AI and Supply Chain Planning

Adexa

Certain AI techniques such as machine learning have been around for many years and are currently used in demand planning and far less in supply planning. In contrast to demand planning, supply planning is treated by most systems as deterministic. They can learn very fast and act as if they are experts.

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Best AI Tools for Supply Chain and Logistics: The Ultimate Guide for 2024

ThroughPut

The platform is designed to enhance inventory management and provide accurate demand planning and forecasting, crucial for optimizing supply chain efficiency. Blue Yonder: Comprehensive Supply Chain Planning Solutions Blue Yonder is an omnichannel planning platform that enables order fulfillment.

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Supply Chain Predictive Analytics: Benefits, Use Cases and Growth Potentials

ThroughPut

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes. Let’s check out the most common use cases.

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MIT Research: The Effects of Dynamic Safety Stocks on Inventory and Service Levels

RELEX Solutions

A firm that manages items with varying importance throughout the year can use dynamic service levels to have the right inventory at the right time. To build trust in an inventory policy, the insights and experience of key stakeholders should be used in developing the policy. The Right Inventory at the Right Time.

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Inventory Optimization Case Study: O'Reilly Auto Parts

Supply Chain Digest

Demand Planning/Forecasting. Inventory Management/Optimizat. Content Being Accessed: Inventory Optimization Case Study: OReilly Auto Parts. OReilly Auto Parts drives inventory management to stay in the fast lane. Privacy Policy | -->. Sitemap | Privacy Policy. or Search by TOPIC. Select Topic.

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Supply Chain Digest Presents the Best in Supply Chain Content.

Supply Chain Digest

Demand Planning/Forecasting. Inventory Management/Optimizat. Content Being Accessed: White Paper: Multi-Echelon Inventory Optimization. Understanding the complexities and tools needed in managing inventory across multi-levels of the supply chain. Privacy Policy | -->. Sitemap | Privacy Policy.