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How to Adapt Industrial Planning During and After Disruptive Events

DELMIA Quintiq

How to react optimally to unplanned events such as lack of staff or supply shortages? Being able to answer these questions provides significant benefit in terms of both revenue (improving agility to meet customer service levels and due dates) and costs (reducing inventory and production costs).

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Beware the Swinging Pendulum on Supply Chain Inventory Practices

Logistics Viewpoints

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?

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Conquer Inventory Challenges in the Era of Supply Chain Disruption

Logility

It’s a complex problem, but you can successfully optimize inventory levels with the right approach and technology. With all of today’s supply chain disruptions, and new ones no doubt lurking around the corner, companies without optimized inventory are risking overpaying and underperforming. Supply chain disruption is a complex issue.

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Managing Inventory amid Regime Change

The Logistics & Supply Chain Management Society

Managing Inventory amid Regime Change by Thomas Willemain, Ph.D ​If If you hear the phrase “regime change” on the news, you immediately think of some fraught geopolitical event. Statisticians use the phrase differently, in a way that has high relevance for demand planning and inventory optimization.

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Digital Transformation: Why You Can’t Afford to Wait

Even global manufacturers –– companies across industrial, automotive, chemical, and energy industries –– are scrambling to mitigate the impacts of labor, material and energy shortages, delays, inflation, and unexpected events.

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Why Is Promotion Planning Important In Inventory Management?

Logistics Viewpoints

Why should we consider Promotion Planning in Inventory Management? Whether it be e-commerce, brick-and-mortar, or both, retail companies care about the inventory they keep. During promotional management, especially for big events around special days and holidays, inventory levels need to be adjusted to meet the peaks in demand.

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How to Prepare your Supply Chain and Prevent Inventory Stockouts During Events like COVID-19

Stord

The demand spike for some goods leaves certain manufacturers and retailers scrambling to keep up, while others aren’t able to ship out inventory at all as e-tailer resources are rerouted toward emergency supplies. How do you prepare your supply chain for events that you can’t forecast?