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Optimising Supply Chain Management in Industry 4.0

The Logistics & Supply Chain Management Society

began in 2011. Not all businesses were on board with implementation of smart technologies in supply chain processes, as some businesses found it challenging to embrace Industry 4.0 When you have the right tool and software that are Industry 4.0-ready, Supply Chain management has undergone transformation since industry 4.0

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What is Bullwhip Effect? Supply Chain Management Explained

ThroughPut

This impact manifests in various forms, including inflated order sizes, increased inventory holding costs, and inefficiencies in production scheduling. Each can lead to increased variability in orders, higher inventory levels, and greater challenges in production planning and capacity management. How to Mitigate the Bullwhip Effect?

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Welcome 2019

Supply Chain Shaman

It has been a while since I penned a blog post on New Year’s predictions, but today as I sit and drink my hot chocolate, I feel the itch to write. The traditional processes, rooted in historical relationships with large system integrators and technologies will crumble, as companies push for answers on value. Congratulations.

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Can Supply Chain Ever be Cloud Native?

Elementum

Executive Summary Wherever your company finds itself on the technology adoption spectrum, you’ve probably already concluded that cloud computing has taken over the world, or you’re preparing for that eventuality in the near future. SaaS processes are estimated to account for 75% of all workloads for the year 2021.

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Inventory Management Excellence: Some Companies to Learn From

Logistics Bureau

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like?

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Toyota and USPS See Opportunities for Blockchain Technology in Supply Chain Management

Talking Logistics

It was back in January 2015, after reading an article in the Wall Street Journal about bitcoin, that my eyes were opened to the potential for blockchain technology to transform supply chain management. As I wrote at the time in Bitcoin: A New Supply Chain Operating System? Toyota temporarily shut two factories in the aftermath.

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Target Canada’s difficult birth, tough life and brutal death

ToolsGroup

A few months ago we wrote about how the traditional approach to buying supply chain planning (SCP) systems is often flawed. In 2011 Target made a major expansion into Canada, leasing a preexisting chain’s stores with plans to open more than 100 branded locations within two years. The story line is essentially this. headquarters.