Adaptation: The Key to Growing Sales with Supply Chain Uncertainty
I bought a new car without test-driving it, waited a month for it to be delivered, and it’s still missing a component - it’s the best vehicle I’ve ever owned.
Who else...
What Does Foreign-Trade Zone (FTZ) Software Do?
An Introduction to How FTZ Software is Changing FTZ Management for the Better
Foreign-Trade Zone (FTZ) management has a reputation for being complex, especially regarding inventory management. US Customs and Border Protection...
MODEX 2024: Supply Chain Lessons from the Frontlines
MODEX 2024, one of the largest supply chain trade shows in the USA, held at the sprawling Georgia World Congress Center, brought together supply chain professionals from around the world to...
How to Predict the Unexpected and Mitigate Supply Chain Disruption with AI
Artificial intelligence (AI) is one of the big “buzzwords” of 2024, which is a shame because the technology’s analytical capabilities have a lot to offer supply chain planners – if you...
Optimize Operations with Accurate Demand Forecasting
In today's era of digital transformation, technology is imperative to mitigate the bullwhip effect within the supply chain. The bullwhip effect illustrates how minor shifts in consumer demand for a product...
Key Ingredients to a Synchronized Food and Beverage Supply Chain
Updated: April 4, 2024
Published: July 17, 2021
In today’s competitive food and beverage marketplace, events occur and challenges arise that impact the normal course of business. Things like customers changing orders, ingredients...
Imports: How AI Simplifies Product Classification
Introduction
Let’s explore the potential of Artificial Intelligence (AI) in progressing your global trade operations, with a specific focus on the process of Product Classification within international transactions. Over the past few...
UFLPA: Non-Compliance is Not an Option
News broke this February that customs officials in the United States had confiscated thousands of cars made by Volkswagen. The VW brands impacted included Porsche, Bentley and Audi. Authorities claimed that...
Demand Planning Data Sources: ERP, CRM & PLM
Having a good Supply Chain Management (SCM) process is crucial for offering excellent customer service. Research from Gartner found that 83% of businesses believe that the supply chain is key to...
The Power of Real-time Planning
The goal of Demand Planning is to strike the balance between supply and demand. This results in you having sufficient stock levels to meet customer demands, but without having a surplus.
You...