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2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

It’s human nature to want to start a new year with new goals—the ever-present new year’s resolutions. 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.

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Overcoming The Barriers to Use Channel Data

Supply Chain Shaman

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. Why have we not improved our use of channel data in supply chain processes?” My question is, “Why?”

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Why Automation Is the Food Industry’s Answer to Supply Chain Disruption

Logility

To ensure long-term growth and protect customer loyalty, businesses need to strive for the automation of supply chain planning – from anticipating emerging demand and optimizing manufacturing capacity to adjusting inventory allocations, minimizing costs, and increasing efficiency when required. Minimizing Manufacturing Changeovers.

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WEG Joins the Logility Client Community

Logility

Founded in 1961, the rapidly growing company now manufactures 19 million electrical motors annually. WEG chose Logility’s sophisticated demand planning tool to support inventory replenishment on its distribution business in the United States. WEG’s net revenue reached R$ 23.6 billion in 2021, 54% from external markets.

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Digital Transformation of Supply Chain Planning at SKF

ToolsGroup

Jörg Schlager describing SKF's Integrated Planning (Source: Optilon). Digital transformation ” is tough for any firm, but when you are $9 billion industrial manufacturer, it is a sizable undertaking. It managed local inventories fed by regional warehouses and factory warehouses (See Figure 1 below). Figure 1 Source: SKF.

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5 Retail Strategies for Supermarkets for AI-Driven Demand Forecasting and Replenishment Planning

ThroughPut

Demand-driven replenishment and fulfillment can help retail planners manage large SKUs, determining each sales location and its optimal inventory targets. Wastage caused due to perishable goods : Supermarkets inventory consists of fresh fruits, vegetables, dairy, and meat products, which come with short shelf lives.

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Cognitive Technologies in the Retail Space

Enterra Insights

If you are wondering of what use these capabilities are, Muktabh Mayank Srivastava, Co-Founder and Chief Data Scientist at ParallelDots, provides a few examples for all the stakeholders in the retail supply chain from manufacturers on the supply side to consumers on the customer side.[3] Last mile delivery is no exception.