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Life Sciences Supply Chain Inventory Optimization

Logility

The life sciences are integral to the quality of life and lifespan, but the field faces some uniquely difficult inventory challenges. With long lead times to market, short product shelf life, and strict regulatory requirements, life science products require an exceptional digital twin.

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The State of Just-in-time Supply Chains

Arkieva

Prior to Covid-19, a lean, just-in-time global supply chain model was ideal. Fast-forward and you may be wondering - how did the JIT supply chain model fare? The State of Just-in-time Supply Chains was first posted on July 26, 2023 at 7:51 am.

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What is Just in Time Manufacturing? Benefits & Disadvantages

Unleashed

Just-in-time (JIT) manufacturing is a production management approach that helps you lift efficiency and streamline your operational processes. What is just-in-time manufacturing? The just-in-time approach contrasts with just-in-case strategies, where producers hold sufficient inventories to absorb maximum market demand.

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Is the Just-In-Time Supply Chain’s Time Over?

Enterra Insights

According to Funnell, “It’s called Just-In-Time and it’s made some corporations and business moguls very rich. ”[2] Those comments beg the question: Is the Just-In-Time (JIT) Supply Chain’s Time Over? Maintaining Just-In-Time Principles. ”[3].

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Just in Time vs. Just in Case: What’s the Way Forward for Supply Chains?

Just-in-time supply chains worked just fine — until they didn’t. Is more inventory the answer? Read this latest GEP paper to learn how enterprises can ensure adequate supplies without running excess inventory. It’s not a binary solution.

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Just-In-Time Management – How to Manage Inventory in 2024

ThroughPut

The Just-In-Time inventory management approach revolutionized manufacturing forever. To help out fellow supply chain experts and professionals, we’ve crafted this guide to deepen your comprehension of JIT, illuminating its fundamental principles, myriad benefits, strategic implementation, and the challenges that may arise.

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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.

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TMS+: Go Beyond Transport to Optimize Cost, Service, & Resiliency

In the aftermath of the pandemic, supply chain inadequacies have been revealed in a new and stark light. Most found themselves ill-prepared for the magnitude of disruption in supply and demand, followed soon after by political unrest, labor and material shortages, and sharp inflation.