Remove Definition Remove Demand Management Remove Inventory Remove Logistics
article thumbnail

Inflation in 2022: Is the Bullwhip Effect to Blame for Retail Inventory Glut

Logistics Viewpoints

I did a little digging to find out the specifics about excess inventory, the stated causes, and the potential implications. Retailers’ Inventories – Just Keep your Returns? Unfortunately, I am unsure about the order of magnitude or the duration of these inventory mismatches. Here’s my take on the topic.

article thumbnail

What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

Check out What Exactly Is Reverse Logistics? When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. So what exactly is the definition of “Supply Chain Management”? The Evolution of Supply Chain!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers. allowing them to shift their focus towards core activities like market share and product management.

article thumbnail

Omni-Channel Fulfillment is Key for the Holiday Season

Logistics Viewpoints

ARC’s definition of omni-channel fulfillment is end-delivery centric. There are five major technologies included in the study: warehouse management systems (WMS), transportation management systems (TMS), distributed order management (DOM), inventory optimization/store replenishment, and demand planning.

article thumbnail

Observations on Artificial Intelligence in the Supply Chain Market

Logility

As a result, we need to agree on some definitions before focusing on the supply chain space. Demand Planning applications rely on a series of algorithms to take historical shipment data and turn it into a forecast. In a demand management application, the system is continuously monitoring forecasting accuracy.

article thumbnail

Please Tell Me HOW

Supply Chain Shaman

Use technologies like IBM (Logictools), JDA (i2 Strategist), Llamasoft, and Logility (Optiant) to design inventory buffers and determine the right form and function of inventory. Start with Sales and Operations Planning and then move to include the focus on Revenue Management, Supplier Development and Corporate Social Responsibility.

article thumbnail

Supply Chain Management in a Post-pandemic World

Enterra Insights

The Council of Supply Chain Management Professionals (CSCMP) defines supply chain management this way: “Supply chain management encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. ” What lies ahead.