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Logistics Predictions: How Did We Do in 2022 and What Will 2023 Look Like?

Logistics Viewpoints

Near the end of 2021, I had the chance to make the early call on Logistics Viewpoints on what 2022 would look like across five major logistics themes. Unlike the folks projecting election results these days, I was a little more accurate and the 2022 projections have set the stage for what will happen in 2023. Pretty much nailed it.

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What is Lead Time? Definition & How to Shorten It

Unleashed

There are many definitions for lead time in supply chain management. For customers, it can mean the time it takes to receive an order after they have purchased it. For product sellers, it can refer to how long it takes to receive raw materials or bulk products after placing a purchase order with a supplier.

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5 Ways Businesses Are Uncovering Success With AI In Manufacturing

ToolsGroup

Breaking Down the Definitions. Using this data, advanced predictive models can estimate when failures are likely to occur and recommend appropriate timelines to perform corrective measures, allowing manufacturers to organize their production schedules based on predicted equipment availability metrics. Optimize spare part inventories.

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5 Best Logistics Books to Keep Within Reach

Supply Chain Opz

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. He has an MBA from UCLA. Our Rating: 5/5 2.

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Why Strategic Brand Management is Important!

Supply Chain Game Changer

Brand Protection – The Definitive Role of the Supply Chain! Ask managers their definition of the company’s vision. To do that, you can hire a professional, or you can use software to do that for you. If you want to find more information about your users, use online tools like Google Analytics or Facebook Insights.

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Liquidity Management: Importance, Risks, and Best Practices

Precoro

According to the 2022 Deloitte Global Treasury Survey , CFOs consider improving liquidity risk management to be a top priority for their treasury departments. In order to make it as realistic as possible, it’s a good idea for treasury and finance departments to communicate closely with sales, procurement, and accounting teams.

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What Is An Exception In E-Commerce Delivery?

Locus

If you’re getting continuous WISMO (Where Is My Order) calls in this manner, it is definitely bad news. If you deal with delivery exceptions as an opportunity to improve post-purchase customer experience, it helps you get back your customers. So, it is necessary to have proper delivery management software to address the exceptions.