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Give Analytics A Chance

Supply Chain Shaman

Container inventory is imbalanced. We cannot change things overnight, but there are some steps that we can take through the use of advanced analytics. Fourteen of twenty-eight industries have rising inventories. Invest in analytics to sense and translate demand. Containers wait at each ship node for the chassis.

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Give Analytics A Chance

Supply Chain Shaman

Container inventory is imbalanced. We cannot change things overnight, but there are some steps that we can take through the use of advanced analytics. Fourteen of twenty-eight industries have rising inventories. Invest in analytics to sense and translate demand. Containers wait at each ship node for the chassis.

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Beware the Swinging Pendulum on Supply Chain Inventory Practices

Logistics Viewpoints

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?

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Track the Supply Chain Metrics that Really Matter

Precoro

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

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Why Is Promotion Planning Important In Inventory Management?

Logistics Viewpoints

Why should we consider Promotion Planning in Inventory Management? Whether it be e-commerce, brick-and-mortar, or both, retail companies care about the inventory they keep. During promotional management, especially for big events around special days and holidays, inventory levels need to be adjusted to meet the peaks in demand.

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Supply Chain KPIs & Metrics: Our Top 24 for Manufacturers

Silvon Software

In fact, such KPIs are so crucial right now that the supply chain analytics market is expected to reach nearly $17 billion by 2027 as companies ramp up their supply chain performance management initiatives. Supply chain metrics provide the intelligence needed to make better projections and more informed choices in such a market.

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Using Analytics To Address Supply Chain Challenges

Silvon Software

Logistics disruptions, production delays, an over reliance on 3 rd parties, and labor market shortages are just some of these challenges. To address these issues, manufacturers and distributors are focusing more on the use of data analytics to help them make more strategic decisions related to supply chain performance.