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Top Supply Chain Challenges for CPG companies in 2023

Logistics Viewpoints

The classical approach involves functional silos, sequential decisions, and Excel and people to render a plan executable. Big data is used to understand a customer’s propensity to buy, the tendency to return, conversion of clicks to orders, demand sensing signals, individualized promotions, etc.

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Taming Supply Chain Bullwhips with Artificial Intelligence

Logility

Taming Supply Chain Bullwhips with DemandAI+ Bullwhip effect is a common term used in supply chain to describe how a small change in consumer purchasing pattern or a change in any demand pattern that can cause significantly large impacts to supply. Excel-based tools lack these capabilities.

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Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Thorough analysis allows procurement professionals to surface, visualize, and present purchasing patterns, which are then evaluated by the stakeholders. From whom are we buying?

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Making The Case for Value Network Enablement

Supply Chain Shaman

Electronic Data Interchange (EDI) does not meet this definition. As product complexity increased, item forecastability decreased, and companies chased cost reduction. Many of these outsourced products have demand latency of weeks and months (shelf purchase through the replenishment cycle for a manufacturer to receive an order).

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Digital Path to Purchase Decreases Retailers’ Reliance on Holiday Shopping

Enterra Insights

Amazon’s Prime Day in July, for example, has led to more retailers like Target, Walmart and Kohl’s offering steep discounts on toys, apparel and electronics during the summer, in a bid to stay competitive. Consumers are demanding faster shipping, better visibility and excellent customer experience from the places they shop.

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The Backorder: May 15, 2024

Unleashed

Unstable market conditions, client destocking, and the Red Sea crisis – in combination with the rise of average purchasing costs – are responsible for the recent drop in manufacturing PMI , according to data provider S&P Global. Forecast demand. UK & US manufacturing sectors shrink as costs rise, new orders fall.

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Logistics Software: How to Make Handling Peak Times Easy

Logistics Viewpoints

This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse. The data can be used to make a precise forecast. Operational excellence systems for the best use of the human resource.