Supply Chain Planning & Management
Supply Chain Segmentation: A Smarter Strategy for Satisfying Customers and Increasing Profits
June 5, 2024
Here’s a simple yet illustrative example: Sara’s Sweets is a fictional bakery that collaborates with…
What is Vendor Managed Inventory (VMI)? Supply Chain Explained.
June 5, 2024
Vendor-managed inventory (VMI) is a collaborative supply chain management strategy where the vendor (supplier) manages…
Inventory Management – The Essential Guide for 2024
June 4, 2024
Effectively Managing inventory is a common challenge for many supply chain and manufacturing professionals. Without…
What is ABC inventory control system? Supply Chain Explained
June 4, 2024
ABC inventory control is a method for classifying inventory into three categories—A, B, and C—based…
Just-In-Time Management – How to Manage Inventory in 2024
June 2, 2024
The Just-In-Time inventory management approach revolutionized manufacturing forever. Though this topic has been thoroughly researched,…
Retail, Retail Groceries
Demand Forecasting in Retail: Challenges, Solutions, and Future Trends
May 31, 2024
The evidence is undeniable. Today, the $11.95 trillion global grocery retail industry finds itself at a…