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The Age of Agility: Building Resilience in the Supply Chain

The Logistics & Supply Chain Management Society

However, measures such as alternative factories, dual sourcing and more generous safety stocks go against the well-versed philosophy of lean supply chains that has prevailed in recent decades,” he says. Inventory and Capacity Buffers. Increasing buffer capacity is a straightforward way to enhance resilience.

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The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

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The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

I was on the phone with Australia, China, Indonesia – really everywhere – trying to negotiate directly with suppliers. Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. But there was a cost to this.

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Now Is the Right Time for Supply Chains To Do the Right Things

The Logistics & Supply Chain Management Society

Without a doubt 2020 will be etched in our memories as the year of multiple disasters, with the Covid-19 pandemic, trade issues between the US and China, wildfires in Australia, social unrest in Hong Kong, drastic declines in oil prices, turbulent financial markets and other politically dominated issues in emerging markets.

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The Top 15 Omnichannel Retail Trends to Watch in 2022

ToolsGroup

Using shop-by-store features to check inventory availability before going to make purchases in-store. In creating a seamless omnichannel experience, it is imperative to ensure your products are available when and where the customer expects them, with inventory optimized to the ideal location. . Inventory Visibility.

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Supply Chain & Logistics News Roundup, October 2022

Logistics Bureau

How retailers are reevaluating post-pandemic inventory strategies. Australia’s continuing weather-driven supply chain problems. Digital Twins for Inventory and Supply Planning. Retailers Reevaluate Inventory Plans in the Wake of Pandemic. Inventory Rationalisation at Bunnings. million (AUD) into the red.

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This Week in Logistics News (July 16 – 22)

Logistics Viewpoints

The two new prototypes are both based on the Hummingbird, which Wing says can carry about 2 pounds and has made hundreds of thousands of deliveries in Dallas suburbs, Virginia, Australia, and Finland. Customers in Singapore will also benefit from increased European inbound capacity. However, 3PL market segment growth was uneven.