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AI in the Retail Industry: Benefits, Case Studies & Examples

ThroughPut

Every aspect of operations, be it managing the inventory, forecasting demand or fulfilling orders was dependent on human wisdom and intuition. Real-time visibility was lacking, be it in warehousing or transportation, due to which delivery delays were common. Besides, AI is helping retailers optimize inventory, warehouse and pricing.

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Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Analysis of case study is certainly one of the most popular methods for people from business management background. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

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When the Rubber Hits the Road

Supply Chain Shaman

As a result, companies are writing new case studies through their actions or inaction. We find that three factors mattered: organizational alignment, descriptive analytics, and inventory management. During the pandemic, transportation costs skyrocketed, creating increasing tension between customer service and price.

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Boosting Efficiency: Top 5 Inventory Optimization Strategies

SCMDOJO

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

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Redesign to Improve Value: A Case Study of a Supply Chain Leader

Supply Chain Shaman

I also think that Quintiq’s leadership in concurrent planning to solve new problems is promising, especially in the design of transportation and inventory flows. For example, we discovered that transportation and duties are 5x the expense of labor and overhead. Service level is our most important metric.

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No Time Like the Present

Supply Chain Shaman

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Inventories increased by 44% due to supply chain volatility. Inventories grew year-over-year by 43%. Coming off a period of high growth, companies are struggling with margins and inventory. See the pattern?

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16 Cost Reduction Strategies in Inventory Management

Unleashed

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that