Remove Ohio Remove Procurement Solutions Remove Sourcing Remove Warehousing
article thumbnail

Plan your Supply Chain with Uncertainty

Adexa

Traditional planning techniques such as most current S&OP solutions are not capable of taking uncertainty into account and assume it is an exception that can be addressed when and if it occurs! S&OP solutions do provide some level of “visibility.” Taking uncertainty into account while planning is a must, otherwise why bother.

article thumbnail

Data Integration Essential in the Supply Chain as Industry 4.0 Takes Hold

RFgen

If robots in production lines are supposed to automatically adjust processes based on updates coming in from the warehouse, the different data systems and applications governing those areas need to be able to share information. Ned Hill, an economist at The Ohio State University, told Network World that Industry 4.0

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Data Integration Essential in the Supply Chain as Industry 4.0 Takes Hold

RFgen

If robots in production lines are supposed to automatically adjust processes based on updates coming in from the warehouse, the different data systems and applications governing those areas need to be able to share information. Ned Hill, an economist at The Ohio State University, told Network World that Industry 4.0

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.

article thumbnail

50 expert tips on logistics planning and strategy

6 River Systems

” — Sue Welch, CEO of TradeStone Software, as quoted in A Unified Supply Chain , Forbes; Twitter: @Forbes. Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. Make room for collaboration.

article thumbnail

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

With how quickly new technology, tips and warehouse management techniques are emerging, wouldn’t it be nice to take a page from someone else’s book? Strategies include sourcing more items directly from manufacturers to improve margins, SKU rationalization and space reduction, “show more carry less” and assisted-store ordering.