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7 Strategies to Improve Your Supply Chain!

Supply Chain Game Changer

Strategies to improve your Supply Chain article and permission to publish here provided by Claire Glassman. The supply chain is a significant part of your overall business strategy and inventory management. The post 7 Strategies to Improve Your Supply Chain! Subscribe to Supply Chain Game Changer.

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Piecing Together the SIOP Process

The Logistics & Supply Chain Management Society

Sales, Inventory, Operations Plan (SIOP) is a process within many successful supply chain organizations that recognizes the integral relationship between all departments in the company, but how do you piece together an SIOP process? SIOP stands for “Sales, Inventory, Operations Plan”, not to be confused with “S&OP”.

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Consider Profitability in Your Order Promising and Improve Financial Outcomes 

Logility

Source: Logility, 2022. With AOP, your salespeople and e-commerce platform have accurate, real-time estimates of how much product is available to promise or capable to promise so orders will never go unfulfilled due to lack of available inventory. Source: Logility, 2022. Consider an order-taking process that enforces ATP alone.

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MRO Inventory: What It Is & The 10 Best Practices to Manage It

Unleashed

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

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New Balance Has Plans for Added U.S. Manufacturing

Supply Chain Matters

Our Skowhegan factory expansion ensures their skilled craftsmanship and dedication to continuous improvement will help us meet our significant U.S. billion in sales reported for 2022. sourcing product development and production strategy. and global consumer demand and drive future business growth.”

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The State of the Trucking Market in 2021

GlobalTranz

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. continued growth and success. That’s an astonishing $933.30 today’s freight market, OTR freight services?enable?continued

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What is Lead Time? Definition & How to Shorten It

Unleashed

It includes everything from the procurement of raw materials to production, inventory management, and shipping. Managing and optimising production lead time involves balancing factors like production capacity, inventory levels, and operational efficiency to achieve the desired lead time while delivering items of high quality.