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Seasonal Inventory and 7 Ways to Manage It Effectively

ToolsGroup

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

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Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

In parallel, three more raised their hands to speak on robotic automation in their warehouses focused on the redefinition of channel fulfillment. Meanwhile, warehouse robotics is staging a market shift. Kearney, Boston Consulting Group, Cap Gemini, Deloitte, E&Y, IBM, and McKinsey, they get more of the same. Third Strategy.

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Logistics Warehousing in the Pharmaceutical Supply Chain

Kanban Logistics

And perhaps no element of the supply chain is more integral to the safety of pharmaceutical products than the warehouse. In this article, we’ll look at the ins and outs of pharmaceutical warehousing and tell you what you should look for in a third-party logistics (3PL) provider before entrusting your goods to its warehouse.

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Supply Visibility: More Important Than Ever. Yet Elusive.

Supply Chain Shaman

Warehouses are full–often with the wrong stuff resulting in the slowing of the forty million shipping containers around the world. Linkedin Comment Donald Cavin Data Warehousing Consultant at Ohio State University Comprehensive Cancer Center-James Cancer Hospital & Solove Research Institute. The list goes on and on.

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This Week in Logistics News (September 24 – 30)

Logistics Viewpoints

Micro-Warehouse Provider Pivots as Retail Consumer Market Shifts. Maybe try Boston next? The article states that Fabric customers communicated that they wanted to use Fabric technology directly in their own warehouses, rather than contracting with Fabric to serve as a 3PL managing fulfillment operations with Fabric technology.

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What is Economic Order Quantity & its Advantages

SCMDOJO

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. S = Cost per order.

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Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

New survey finds that most companies are still formulating and gaining support for a digital strategy, with fear of change and data challenges as leading roadblocks. . BOSTON, Mass. And there’s no time to lose–the time is now to execute on a strategy before opportunity and competitive advantage is lost.”. PRESS RELEASE.