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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

technology from helping China’s military. percent year-on-year decline in cargo ton miles to 1.8bn, although this metric increased by 9.5 Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. Massachusetts-based Teradyne moved its production out after U.S. That’s all for this week.

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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. Logility: Supply Chain Planning & Optimization Logility assists global businesses with complex supply chains in sensing and responding to fluctuating market conditions.

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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down. This leads to lower inventory carrying costs and thus better case flow. Demand forecasting should be tightly integrated to an inventory optimization application.

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How to Implement AI in Your Supply Chain: A Real-world Guide

ThroughPut

Are you losing money to inventory mismanagement? Step 3: Metric Selection Not everything can be improved or enhanced at the same time with AI. Based on the outcome chosen, key metrics can be identified to track the impact of AI, such as “order accuracy” or “warehouse throughput”. For example, top reasons why ThroughPut.ai

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How to Implement AI in Your Supply Chain: A Real-world Guide

ThroughPut

Are you losing money to inventory mismanagement? Step 3: Metric Selection Not everything can be improved or enhanced at the same time with AI. Based on the outcome chosen, key metrics can be identified to track the impact of AI, such as “order accuracy” or “warehouse throughput”. For example, top reasons why ThroughPut.ai

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Best Logistics Management Software: Everything You Need to Know Before Making a Purchase Decision

ThroughPut

Before the 1950s, logistics was perceived in purely military terms. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel. The solution To help address this, the best Logistics Management Software is the one that can provide valuable real-time data on inventory.

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The Secret to Rapid Digitisation: A Dual Platform Strategy

The Logistics & Supply Chain Management Society

This unlocks enormous value as you eliminate time lags, lower costs, and slash inventory buffers across the network. Planners then implement inventory buffers to cushion and absorb obvious conflicts that arise between trading partners. You decide where to start moving capabilities onto the network, in a phased-way that lowers risk.