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2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Logistics and inventory management rounds out the top four focus areas at 82 percent. Other critical functions include order management, manufacturing, and product development.

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Supply Chain Data Management: Making Data Make Sense for Supply Chain Planning

Logility

More time is spent managing information between systems and trading partners, and less on value-added activities. SCDM aggregates product, reference, customer and potentially other data from disparate internal and external resources and performs data-quality processes to merge records and remove duplications. SCDM is the Answer.

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Five Reasons Why Are We Not Making Progress on Inventory Management

Supply Chain Shaman

At the session, we discussed why companies have not made more progress on inventory management. In the case of Apparel and Automotive industries there are slight improvements, but they have shifted inventories to suppliers. Days of Inventory Pre and Post-Recession. We share this data in Figure 3. There are many.

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Robots Take Center Stage at MODEX 2024

Logistics Viewpoints

Examples of Supply Chain Robots at MODEX 2024 Several exhibitors at MODEX 2024 showcased their innovative solutions for supply chain robotics, demonstrating the diversity and potential of this field. The robots can perform various tasks, such as transporting goods, picking orders, sorting items, and replenishing inventory.

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ToolsGroup And River Logic Partner to Provide a Comprehensive Supply Chain Planning Solution

ToolsGroup

Combining River Logic’s advanced supply chain design and production capabilities with ToolsGroup’s award-winning demand planning, inventory optimization, and supply planning capabilities, customers can now benefit from a more comprehensive supply chain planning solution.

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Just-In-Time Management – How to Manage Inventory in 2024

ThroughPut

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

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7 Ways AI Can Impact Your Supply Chain and Logistics Operations

Stord

From improved customer experience to greater inventory planning and forecasting, AI promises to make all of our lives easier and reduce those all-too-common supply chain headaches. Ben Daugherty, Senior Account Executive Smarter Inventory Forecasting Historically, inventory forecasting has challenged most growing brands.