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Using Digital Supply Chain Planning to Respond to Market-Changing Disruptions like COVID-19

ToolsGroup

Gartner research shows that companies that continued to increase earnings while others declined in 2009 and 2010 were those that were able to keep their foot on the gas through the downturn because they had planned responses in advance. Use demand modeling to fine-tune demand forecasts.

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Molex Prizes Agility

Logistics Viewpoints

Those shipments can move directly to customers or move to several regional distribution centers (DCs) that serve as forward inventory locations and consolidation hubs servicing customers and channel partners. The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe.

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Walmart: 3 Keys to Successful Supply Chain Management any Business Can Follow

GlobalTranz

Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 Walmart has held a place among Gartner’s top 20 supply chains since 2010. However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence.

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This Week in Logistics News (July 4-8, 2016)

Talking Logistics

It was a relatively quiet week for supply chain and logistics news, with robots and weak freight demand dominating the headlines. Heavy-Duty Truck Orders Fall to Lowest Since 2010 (WSJ – sub. Air cargo firms feel the pressure from plunge in freight prices (Reuters). percent from 3 percent. According to the article: DS Co.,

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How Machine Learning Is Redefining Supply Chain Management

IQMS

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. New knowledge and insights from machine learning are revolutionizing supply chain management as a result. no opt-in). no opt-in).

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How to Calculate Inventory Turnover

Unleashed

Inventory management is a critical function of any business, with drastic implications on profit margins. Inventory turnover is a key formula that’s often discussed in the context of inventory management efficiency, and crops up in most types of inventory report. What is inventory turnover? Average inventory?

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Supply Chain Movement 21 – S&OP + IT

Supply Chain Movement

Forecasting is about managing risks. 29 | Checklist Freight Spend Management. There are numerous ways a shipper can reduce freight spend. And freight costs are continuing to rise, pushed upward by factors such as globalized distribution and unpredictable fuel prices. Contents Supply Chain Movement 21 – 2016 Q2.