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What Lessons a Table Fable Teaches About Supply Chain Orchestration

Logistics Viewpoints

Even if this retailer had used AI to forecast my purchase, AI that creates a perfect plan but fails to execute it only results in a highly-efficient silo, as Northeastern University professor Nada Sanders says. Events and disruptions are par for the course in supply chain, so we need tactics to kick in for problem resolution.

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How AI-Powered Capacity Planning is Changing The Manufacturing Landscape – a ThroughPut Perspective

ThroughPut

How AI-Powered Capacity Planning is Changing The Manufacturing Landscape – a ThroughPut Perspective. Capacity planning helps you determine resources as a manufacturer in proportion to the output you need to generate to meet the demand. Of course, there is! So, how do you prepare for such an unprecedented situation?

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Dead Stock 101 – How to Avoid Inventory Obsolescence and Protect Margins

Ware2Go

Due to the reduced capacity of the current supply chain and the rapid growth of the eCommerce market, premium storage rates have increased by 5.59% and, according to a Warehousing Cost and Pricing Survey , 61% of warehouse operators report increasing their rates in 2021. Why Is Managing and Avoiding Dead Stock So Important?

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GAAP for Accounts Payable: What it is and why it's important

Precoro

Accurate financial reporting is crucial for maintaining transparency, complying with laws and market regulations, and building trust in relationships with suppliers, creditors, and investors. According to Ardent Partners , 48% of AP leaders see improving AP reporting and data analytics as a strategic priority for 2023.

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Quality and Regulatory Alignment for Audit Readiness

Arena Solutions

Christine is a Customer Success Coach with Arena and has over 30 years of experience in industrial medical aerospace, food service, and startup environments, responsible for both manufacturing and quality. Purchasing and supply chain. And then of course, audit basic is your documentation, your procedures, SOPs, and are they in place?

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Spend Analysis: Best Practices

Precoro

Where should you start when you want to create budgets, cut costs, or forecast future spending? After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. The answer is simple: spend analysis.

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Is Warehouse Robotics at the Inflection Point?

Locus Robotics

These changes, of course, can profoundly affect entire industries such as logistics. We recently conducted a Locus demo and presentation for 30 supply chain executives with a very large global brand. Online purchases will only become more a part of everyday life. Many facilities report turnover to be in double digits a month.