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From Predictions to Operations: Compelling Supply Chain AI Use Cases

ThroughPut

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. With rapid fluctuations and uncertainty, predicting customer demand is like shooting in the dark.

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Surviving an Economic Downturn in the Retail Sector

Enterra Insights

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. The other side, call it Team Soft Landing, argued that the situation was very different this time.”[1]

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Piecing Together the SIOP Process

The Logistics & Supply Chain Management Society

Building a puzzle takes time, patience and regardless of its size, takes a great deal of perseverance. The answer is yes, there is a difference between the two although trivial in comparison. Piecing Together the SIOP Process. by Madeline Smith , Supply Chain Management Consultant at Clarkston Consulting. What is a SIOP Process? .

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The Top 15 Retail Trends for 2022

ToolsGroup

Love it or hate it, daily necessities need to be purchased. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. eCommerce Purchases and “The New Normal” Retail Categories. Ah, the joy of shopping.

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Top 20: The Ultimate Logistics Technology Roundup

Freightos

Mobile points of sale…and delivery : It’s not just cash registers. Mobile points of sale…and delivery : It’s not just cash registers. Faster service, great capacity usage and direct connectivity with freight companies means better access to service providers. Barrett Distribution , @barrettdc ].

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Delivering Strategic Transformation Through Supplier Experience

HICX Solutions

In this webinar, we join Niko Nurmi , Executive Advisor at Procurement Leaders , as he discusses these challenges and how to overcome them – with Carmen Erhardt , Director of Corporate Purchasing and Head of Global Processes, Operations and Digitalization at Henkel ; and Anthony Payne , CMO at HICX. A supplier experience approach.

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How to Plan for Exceptional Performance this Holiday Season

Repl Group

According to the Office for National Statistics’ Senior Statistician, Rhian Murphy, in 2017: “Consumers continue to move Christmas purchases earlier, with higher spending in November and lower spending in December than seen in previous years.”. on the previous year – economic uncertainty saw retail sales increase by just 1.9%