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How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

Sorting through this to make a decision on a new planning solution at this time is tough. Contrary to many thought leaders’ thinking, I do not think that supply chain planning will be made obsolete by AI techniques. ” Traditional planning models optimize functional processes to improve cost and customer service.

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Probabilistic Forecasting: The Future of Supply Chain Planning

ToolsGroup

Traditional supply chain planning tools rely on deterministic forecasting, generating single-point estimates that often misrepresent real-world complexities. However, this approach ignores real purchasing behavior, such as customers buying complete sets of four tires. The result?

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Advanced Supply Chain Planning with Probabilistic Forecasting

ToolsGroup

Traditional supply chain planning tools rely on deterministic forecasting, generating single-point estimates that often misrepresent real-world complexities. However, this approach ignores real purchasing behavior, such as customers buying complete sets of four tires. The result?

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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. There are different tools, goals, and market dynamics. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters.

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Supply Chain Planning Solutions are Not Just for the Big Boys

Logistics Viewpoints

Myers Industries Implements John Galt Solutions. This manufacturer produces plastic reusable material handling containers and plastic fuel tanks. They also are also one of the largest distributor in the US of tools, equipment and supplies for the tire and wheel service industry.

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8 Warehouse Optimization Tips from Manufacturing Experts

RFgen

By maximizing space utilization, improving inventory control , and boosting workflow efficiency, you can unlock significant cost savings and elevate your customer service game. An in-depth look at the tangible benefits, from cost reduction to increased customer satisfaction.

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These Top Manufacturing Technology Trends will Fuel a Focus on Customer Experience in 2018

GlobalTranz

Going back to the Industrial Internet of things (IIoT), the use of Internet-connected technology increases risk in manufacturing. billion in 2018 alone, reports Michael Kotelec of Manufacturing.net , and this will bring a strong, robust boost to efficiency and productivity in manufacturing. However, the risk is well worth it.