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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Solvoyo’s Solution Bugaboo: something that causes fear or distress out of proportion to its importance. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Would better forecasting accuracy be a good thing? Absolutely!

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Who Should Be In The Winner’s Circle?

Supply Chain Shaman

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. However, when Gartner bought AMR Research, and I left in the transition(because I don’t believe in the Gartner methodology), I launched a new methodology named the Supply Chains to Admire. The reason?

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This Week in Logistics News (May 21 – 27)

Logistics Viewpoints

Dick’s Sporting Goods Beats Forecast in Q1 But Cautions on Inflation, Supply Chain. Walmart and Symbotic Expand Partnership to Deploy Automation System. This builds upon a prior agreement for 20 regional DCs, some of which have already begun implementing Symbotic’s technology. And now on to this week’s news.

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Seven Misconceptions on Managing Inventory in a Market-Driven World

Supply Chain Shaman

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions.

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The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

GlobalTranz

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story. No Purchase Orders were used.

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Beer Marketing Strategies in a Global Pandemic and the Best 5 Tactics Heading into 2021

Unleashed

It ensures consistent repeat purchases over time, regardless of price, convenience or even a global pandemic. In 2015, CUB revived the “heard earned thirst” campaign, replicating the original narration with the help of technology. It aimed to provide brewers with the tools to make the beer at the lowest possible cost.

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The Impact of the Coronavirus Crisis on Reverse Logistics

Enterra Insights

This dramatic change in consumer shopping habits emphasizes the importance of omnichannel strategies and a resilient supply chain. Hitendra Chaturvedi, a professor at the Supply Chain Department of W.P. Carey School of Business at Arizona State University, writes, “The coronavirus has disrupted U.S.