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Adapting in the Face of Change

Supply Chain Shaman

Growth agendas with the spiraling demand require cash, supplier shortages necessitate the shortening of payables, and the longer/more variable transport lead times decrease inventory turns increasing the need for cash. contraction in 2019 to positive growth of 7.2% The answer? We need to aggressively move to outside-in processes.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Industry professionals have put in tireless hours and taken strategic measures to keep the supply chain moving and meet customer demand. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities.

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Omnichannel Retail Requires Close Collaboration with Logistics Providers

Enterra Insights

Lack of Inventory Visibility and Metrics. Carrying inventory is a necessary evil. Too much inventory means profits are eaten away by storage costs. Too little inventory and sales opportunities are lost. Poor Visibility into Inventory in Transit. We live in the digital age and supply chains need to become digital.