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What is Just in Time Manufacturing? Benefits & Disadvantages

Unleashed

The manufacturing industry thrives on efficiency gains. Just-in-time (JIT) manufacturing is a production management approach that helps you lift efficiency and streamline your operational processes. What is just-in-time manufacturing? What is just-in-time manufacturing? Here’s how it works.

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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. forecasting product sales at 10,000 stores.

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Procurement and Supply Chain are Smarter Together – Practical Use Cases

Logistics Viewpoints

Building optionality in the supply chain through collaborative sourcing: Supply chain teams can proactively identify choke points within the existing network by leveraging emerging technologies such as digital twins and advanced analytics, and modeling their end-to-end supply chains.

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The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

GlobalTranz

Of course, the human controlling capacity for actual AI is still far from realistic, but the concept of a superior AI did make strides this year. The move to agile supply chain management inherently required more data sources than traditional supply chains, reports GT Nexus. Procurement’s Role Did Become More Important.

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Top Transportation Management and Transportation Articles of 2015

GlobalTranz

We've already listed the top 10 manufacturing articles, the top 10 supply chain articles, and yesterday, the top 10 logistics articles. Transportation Industry Braces for a Looming Transportation Capacity Crunch Crisis in 2017. Why Benchmarking Alone Isn’t Enough for Proper Transportation Cost Analysis.

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Supply Chain Leadership Series IV: Joydeep Ganguly – Passionate About Sustainable Supply Chains

NC State SCRC

Prior to Gilead, Joydeep spent 10 years at Biogen, in roles of increasing responsibility in the areas of process sciences, manufacturing and supply chain. Number 1 : I was and remain naturally curious – about the industry, emerging trends and sources of value. And I ask myself how can we make ourselves better?

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Managing Supply Chain Disruptions in the Middle East

Locus

Presently, their major focus lies on local production, warehousing and strategic sourcing. Supply chain risk management maturity levels define how well a company has developed the risk management processes in comparison to industry benchmarks. Optimize sourcing decisions. How do businesses enable strategic sourcing?