Remove 2023 Remove Inventory Remove Procurement
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How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? Align the organization in 2025 to a balanced scorecard of growth, operating margin, inventory turns, ROCE, and order fulfillment. You are right.

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Amazon and the Shift to AI-Driven Supply Chain Planning

Logistics Viewpoints

They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks. A 2023 McKinsey study found that companies relying on reactive supply chain management lose up to 10% of annual revenue due to inefficiencies and missed opportunities.

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Amul’s Optimized Supply Chain: Driving Global Growth in the Dairy Industry

Logistics Viewpoints

Direct Procurement : Milk is collected directly from farmers at the village level. Technology Integration : Use of technology in logistics, inventory management, and supply chain tracking has helped improve efficiency and transparency. This empowers them to have a stake in the business and share profits.

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Thirteen Years a Blogger

Supply Chain Shaman

Despite the evolution of technology, none of the 28 industry segments I follow can drive improvement at the intersection of operating margin and inventory turns. Figure A: Beverage Industry Aggregate Industry Trend 2014-2023 Figure B. Chemical Industry Aggregate Trend for the Period of 2014-2023 Figure C. Change is Hard.

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The 2023 Supply Chain Crystal Ball: Challenges and Solutions

Speaker: Olivia Montgomery, Associate Principal Supply Chain Analyst

What should your plans for 2023 include? In this webinar, you’ll gain actionable insights from Olivia Montgomery as she walks us through Capterra’s extensive research on how businesses - notably SMBs - are addressing supply chain challenges in 2023. Forecasting techniques to manage inventory. So what’s working now?

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5 Supply Chain Predictions for 2023

Logistics Viewpoints

As we turn the page on 2022 , I’d like to make five supply chain predictions about what to expect for 2023. All these factors together place the second half of 2023 in a more positive light. However, it is worthwhile for leaders to keep tabs on how these technologies evolve through the rest of 2023. He received his Ph.D.

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The US FDA’s Phase-Out of Synthetic Food Dyes – Supply Chain Impacts & Challenges

Logistics Viewpoints

Shorter shelf life or more limited inventory of natural colorants may lead to shorter production runs and increased batch frequency. Companies may need to revise inventory strategies and adjust procurement lead times accordingly. This raises complexity in planning, labeling, and inventory control.