Remove Capacity Remove Course Remove Just-in-Time Remove Procurement Analytics
article thumbnail

This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

In some sort or another, Punxsutawney Phil has been predicting the weather since 1890, and let’s just say that his record is iffy at best. Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. And now on to this week’s logistics news.

article thumbnail

Better Ways to Address Trade-Offs with Supply Chain Optimization

Logistics Viewpoints

Analytical techniques like linear programming can create the mathematically “optimal” plan, but these methods must be implemented well to avoid creating other challenges. Analytical techniques like linear programming can create the mathematically “optimal” plan, but these methods must be implemented well to avoid creating other challenges.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Solving The Cold Chain Challenges

The Logistics & Supply Chain Management Society

For example, the One Network platform for supply chain planning and execution is used by the Ministries of Health in Nigeria, Ghana, and Rwanda, providing comprehensive inventory visibility across all health facilities for real time supply demand matching and collaborative decision making. End-to-End and Real-Time Logistics.

article thumbnail

Why is o9 Solutions Growing So Fast?

Logistics Viewpoints

This January the company reported that its annual recurring revenue grew at over 84% year-over-year. o9 Solutions has grown from a small company to a significant player in the supply chain planning (SCP) market in a short period of time. Data is stored just like you might sketch ideas on a whiteboard.

article thumbnail

What is Supply Chain Resilience?

GlobalTranz

But the rapid shift from retail to online purchasing for staples and the surge for protective equipment, as well as unanticipated products like bread makers and home-schooling items, left many retailers flatfooted. The demand caught off-guard those retailers and suppliers who relied on just-in-time inventory practices.

article thumbnail

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.

article thumbnail

Is Your Supply Chain Ready for Social Media-Fueled Demand Volatility?

ToolsGroup

Have you noticed how the clock speed of just about everything has sped up considerably in just a few years? Surveys have shown that consumers are 71% more likely to make a purchase based on social media referrals, and 47% of millennials’ purchases are influenced by social media1. retail stores. retail stores.