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Top Takeaways from RFgen’s 2022 Digital Inventory Report

RFgen

Supply chain professionals from diverse industries shared their current inventory management efforts, challenges, and future plans in our newly released annual Digital Inventory Report. You can also read on for a snapshot of the data and insights gathered and presented in the report. You can probably relate to many of them.

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The Machine Learning Trap or How to Tell if You’ve Got the Right Waiter

The Logistics & Supply Chain Management Society

A friend recently told me a fitting example of this: A few years ago, he worked for an AI startup that was invited by a large pharmaceutical company to give a board presentation. The presentation went well, but my friend and his colleague, an AI programmer, were subsequently in a moral quandary. MORE FROM THIS EDITION.

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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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Risk Management Can Be a Competitive Advantage, Part Two

Enterra Insights

” Of course, avoiding a crisis is a better and more cost-effective strategy. One solution often considered is having more inventory on hand, or developing dual supply chains that can deliver the same goods via two routes, in case one becomes impeded.

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The State of the Retail Supply Chain in 2022 and How Shippers Can Mitigate Risks Through Data

Intelligent Audit

But in the timeframe between 2020 to 2022, a volatile supply chain market showed the weakness in outdated, legacy supply chain execution built on rigid technology or lacking any accurate data that can improve overall decision-making. Inventory and Material Management Is Also Presenting New Challenges for the ? billion tons.

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Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part One

Supply Chain Matters

As multi-industry supply chain management teams enter 2023, they will be presented with expected global economic themes, financial outlooks and overriding business sentiment that are likely to influence decision-making. percent in 2022 and 9.7 Morgan Manufacturing PMI® which began 2022 at an expansionary conditions value of 54.2,

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Supply Visibility: More Important Than Ever. Yet Elusive.

Supply Chain Shaman

Over the course of the five months, we iterated on the model over seven sessions. Driving manufacturing excellence without a clear definition of supply chain excellence throws the supply chain out of balance, decreasing customer service and increasing inventory and overall cost. The 2022 event is in Washington. See You There?