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ToolsGroup Launches Integrated In-Season Retail Inventory Optimization Solution 

ToolsGroup

said Sahil Gupta, Chief Product Officer at ToolsGroup “With cutting-edge AI driven forecasting and inventory optimization accessing real-time views of inventory, demand and operations, retailers can ensure the right products are in the right place at the right time at the right price to maximize profit no matter what happens.” Read more HERE.

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Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

The subway system is the lifeblood of New York City, pre-COVID carrying an average of 5.5 Imagine what would happen if each station optimized its schedule and traffic independently: city-wide chaos would ensue. There are many pieces of the modern manufacturing supply chain. This is no easy task.

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Black Friday 2016: Brought To You By Logistics

Freightos

But improved data forecasting and more predictable supply chains have become a boon for ocean freight, leading to an increase in ocean shipments at the expense of their more expensive aerial counterparts. The highest price for shipping any one unit (on a 50″ TV manufactured in Taiwan) was estimated at $20.

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Supply Chain Matters News Capsule Follow-Up- August 17 2022

Supply Chain Matters

Foxconn and Asia Market Forecasters Provide Muted Outlook on High Tech Product Demand. Added Manufacturing Disruption in China. The aircraft manufacturer submitted an updated plan to the FAA in April that outlined a process for each and every aircraft to be inspected from nose to tail. Boeing Resumes 787 Dreamliner Deliveries.

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Forecasting Peak Automotive Production

QAD

Being able to forecast this potential plateau is critical for automakers and suppliers alike as they look to avoid capital-intensive investments, shift business models towards software and services, and develop other effective strategies for future operations. The post Forecasting Peak Automotive Production appeared first on QAD Blog.

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This Week in Logistics News (October 27-31, 2014)

Talking Logistics

It was a great costume, and we looked great — except we were living in Arizona at the time and nobody outside of New York City (the only place the Blue Man Group was performing at the time) had heard of them, so every time we showed up at a party that night, people would yell out, “Hey, look, Smurfs !” Con-way Inc.

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7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. Meanwhile, ocean carriers continue to deal with overcapacity; rates for Asia-U.S. Be demand driven.