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Supply Chain Planning In Excel: A Perilous Path

Logility

Limited Data Handling Capabilities Excel is a versatile tool for basic data management and analysis, but when it comes to handling vast amounts of complex supply chain data, it falls short. Supply chain planning involves numerous variables, such as demand forecasts, inventory levels, lead times, and production capacities.

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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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Addressing the Inherent Challenges of Fostering a More Synchronized B2B Supply Chain Business Network

Supply Chain Matters

Overview In short, B2B Supply Chain Business Networks are Cloud based platforms designed to achieve end-to-end supply chain data visibility and business process decision-making synchronization. An evolving new area is in the monitoring and tracking of ESG focused data and conformance needs.

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

Logility

However, the rising costs for ingredients, materials, transportation services, and staff are creating concerns about whether products can be priced carefully enough to satisfy consumers and stay on the positive side of razor-thin margins. Optimizing Inventory Across Supply Chain Tiers.

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This Week In Supply Chain Management Tech April 4 2023

Supply Chain Matters

The report further indicated that Anthropic has committed to spend upwards of $4 billion on Amazon’s various Cloud infrastructure, data management software applications or custom graphics processor chips over the next five years. No financial details were disclosed in the announcement. All rights reserved.

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Six Must Have Supply Chain Capabilities for Success in the Food and Beverage Industry

Logility

Accurate forecasts help minimize inventory, maximize production efficiency, streamline purchasing, optimize distribution and ensure confidence in company projections. Advanced Inventory Management. Inventory is one of the most visible supply chain expenses and is a line on the Balance Sheet under current assets.

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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.