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A Look Back at the Automotive Industry in 2022

Resilinc

automotive industry was battered in 2022, with its sales dropping about 8% from 2021 to 13.7 million vehicles, a sales total not seen since 2011. YOY in 2022, a metric due partly to its robust sales of mid-size pickups, according to CNBC. The post A Look Back at the Automotive Industry in 2022 appeared first on Resilinc.

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How to Change Your Inventory Management Strategy in the Omnichannel Era

Elementum

e-commerce market has nearly doubled in size since 2011, and is forecast to grow to $737B by 2022. As recent losses by H&M and other major brands illustrate, poor inventory management can be a major cause of financial distress. There are a few solutions for the problem of inventory management in the omnichannel era.

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What is Economic Order Quantity & its Advantages

SCMDOJO

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. Boston Munich: Pearson, 2011.

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What Caused the Baby Formula Shortage + 7 Ways Consumers and Companies are Coping

ToolsGroup

To understand the state of this latest supply chain crisis–and when it will end–this guide to the 2022 baby formula shortage breaks down: The cause of the baby formula shortage. There are Five Symptoms of Outdated Forecasting and Inventory Planning Software: Have you diagnosed your problem– and solution–to improved demand planning?

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Optimising Supply Chain Management in Industry 4.0

The Logistics & Supply Chain Management Society

began in 2011. Deep insight into inventory and supply chain visibility are top priority in times of supply crisis. LogiSYM Supply Chain Magazine – June -July 2022. Feature Article by Byron Hall – Product Manager – EDI/MFT, Boomi | Member Board Of Directors, X12. due to internal and external factors. Industry 4.0

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Ford Motor’s Warning of Added $1 Billion in Supply Chain Costs- Another Signal

Supply Chain Matters

Implied is that these vehicles will remain as factory inventory until needed components arrive and customer or dealer orders can then be fulfilled. The company expects to be able to complete these vehicles in the fourth quarter and has indicated ongoing confidence in its overall 2022 adjusted EBIT forecast in the range of $11.5

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The Value of Refrigerated Transport!

Supply Chain Game Changer

Consequently, you can minimize inventory costs and capital expenditure (CAPEX) since you won’t need storage for products. In the United States, for example, the Food Safety Modernization Act of 2011 requires that all foods transported in interstate commerce be transported under refrigeration or frozen conditions.