Remove 2014 Remove Inventory Remove Just-in-Time Remove Supply Chain
article thumbnail

How Can CIOs Accelerate Supply Chain Transformation? Think Less Planning, More Real-Time Decision-Making

Logistics Viewpoints

As an engineer, former solutions architect and now CEO of a leading supply chain technology company, I have a real affinity and respect for Chief Information Officers (CIOs) and their teams, without whom successful enterprise technology deployments would be impossible. We’re just not meeting customer expectations.

article thumbnail

Inventory Planning vs. Inventory Optimization: What’s the Difference?

ToolsGroup

What’s the difference between traditional inventory planning and inventory optimization? Optimizing your inventory is a different beast than simply planning your inventory. They face a complex distribution network and optimizing inventory for each location is challenging. Anyone can come up with a plan.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Savvy Supply Chain Leaders Aren’t Letting a Good Downturn Go to Waste

Logistics Viewpoints

For a few years now, supply chain professionals and pundits have been speculating on what the so-called “new normal” will look like. I propose it’s high time we acknowledge the futility of the “new normal” conversation and put it to rest, once and for all. Normalcy is no more. 17% went bankrupt, went private, or were acquired.

article thumbnail

Facilities Are a Critical Part of the Enterprise Supply Chain Tech Stack. It’s Time to Start Managing Them That Way

Logistics Viewpoints

Amidst ongoing uncertainty caused by COVID-19 lockdowns in Asia, war in Europe, scarce raw materials and steep inflation, companies are stockpiling inventory as never before in the hopes of mitigating future supply chain shocks. As soon as inventory hits the yard, it gets lost in a shuffle of trailers.

article thumbnail

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

” Here is an excerpt from the article: “…it isn’t by becoming more efficient that the supply chains of Wal-Mart, Dell, and Amazon have given those companies an edge over their competitors. According to my research, top-performing supply chains possess three very different qualities. What did we find?

article thumbnail

Top 15 Logistics Stories of 2022

Logistics Viewpoints

In early November, my colleague Steve Banker wrote an article looking at the top supply chain trends for 2023 and beyond. Supply chain disruptions have brought about an age of innovation. In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint.

article thumbnail

Causal Artificial Intelligence and Supply Chain Performance

Enterra Insights

Supply chain professionals have always depended on forecasting to help them balance supply and demand. With the maturation of artificial intelligence (AI) systems, predictive analytics have grown in importance. The difference between traditional forecasting and predictive analytics is granularity.