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How Manufacturers Can Take Control of Inventory with RFID Technology

QAD

Labor shortages, inflationary pressure, recessionary risk and supply chain disruption will all persist, at least to some degree, through 2023 and we all know there’s no sure way to safeguard your operations. The Department of Defense began requiring suppliers to use RFID tags in 2005 and many major companies have followed suit.

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One Multinational’s Supply Chain Transformation Journey

Logistics Viewpoints

For some customers, they manage the inventory using a vendor managed inventory program. In some case they manage inventory at the customer’s site. “We We don’t have one supply chain,” this vice president of supply chain explained to me, “we run very customized supply chains.”

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Coronavirus Increases Supply Chain Risk Management Priority

Enterra Insights

Patrick Van Hull ( @PatrickVanHull1 ), a thought leader in the Kinaxis Strategy Office, points out, “In July 2005, epidemiologist Dr. Michael T. “In most cases,” Moritz writes, “a supply chain disruption is limited to a region or country. Demand vs. supply. 3] Those dimensions are: 1.

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Fast Shipping: 2022 Consumer Expectations

Ware2Go

When Amazon Prime launched in 2005, 2-day shipping was a novelty and what Jeff Bezos himself said felt like “an indulgent luxury”. The global supply chain was not prepared for the abrupt switch in transportation and fulfillment needs or the staggering increase in consumer demand. A Look Back.

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Supply Chain Resilience Core Capacities

MIT Supply Chain

Often, backup inventory and garden-variety expediting measures can ensure that the supply chain maintains continuity. The matrix gives a general sense of how long the core capacity disruptions lasted. In reality, disruptions generally vary only in the number of lost capacities and the length of the disruption or outage.

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Missing: C-level Engagement to Address Supply Chain Disruption Risk

Talking Logistics

A 2005 study on the impact of supply chain disruptions revealed there is significant damage to a company’s financials and brand when a crisis or stoppage occurs. The report shows, for example, that firms suffering from supply chain disruption experience 33% to 40% lower stock returns compared to their peers.

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Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands. Establishing policies within the system ensures efficient inventory management.