Remove 2022 Remove Inventory Remove Predictive Analytics Remove Procurement
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Driving An Octopus

Supply Chain Shaman

Planning needs to respect the multiple flows of items–high volume and predictable, low volume and predictable, low volume and not predictable, seasonal, new product launch introductions, and demand shaping. MRP Alone Is Not Sufficient for Procurement. Procurement planning inside of lead time is not sufficient.

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A Long Road Ahead for Procurement Professionals Managing Their Supply Chains

ModusLink Corporation

Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ? Let’s rethink everything to figure out what it might be for the future of procurement in light of it all.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

As we’ve seen over the past few years, businesses will keep automating and integrating supply chain planning capabilities, including demand-sensing, dynamic safety-stock management, inventory optimization, and external collaboration. In March 2022, online shopping was up 27% over the previous year. In 2022 overall, U.S.

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Lifting The Gray Curtain

Supply Chain Shaman

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Using Analytics In the World of Gray.

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The Changing Landscape of Retail Supply Chains

Enterra Insights

The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. Big Data Analytics and AI are at the forefront of this technological revolution, offering unprecedented opportunities for retailer agencies and agents to optimize their operations and enhance customer experience.”[1]

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No Time Like the Present

Supply Chain Shaman

On this tour, I heard Jeff Ma, a former member of the MIT blackjack team, speak on the use of analytics to make better decisions in “beating the house.” The outcomes are less predictable or clear. The gap between logistics and procurement; and logistics and customer service increases process latency. We are re-writing the rules.

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Digital Supply Chain Predictions!

Supply Chain Game Changer

Digital Supply Chain predictions article and permission to publish here provided by Michael Gaughan at land-link.com. Here are some interesting predictions from a reputable international research firm, IDC, which highlight key areas of technological applications regarding the impending digital revolution of the international supply chain.