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

Supply Chain Resilience. Really?

Supply Chain Shaman

We are not clear on definition. So, if you use the Supply Chain Insights definition, you might ask, how are we doing commercially against this goal? I believe that the ASCM definition is too reactive and rooted in the traditional, and outdated concepts on risk management. I am currently doing research on inventory management.

Insiders

Sign Up for our Newsletter

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

article thumbnail

AI in the Food Industry: Case Studies, Challenges & Future Trends

ThroughPut

Integrating Artificial Intelligence (AI) within different segments of the Food Industry, including transportation and logistics, production planning, quality control, and others has kicked off revolutionary transformations. The market size of AI in the food industry , including the beverages sector is set to cross USD 9.68

article thumbnail

Save The Supply Chain Leader From Groupthink

Supply Chain Shaman

COVID is far from over and food instability, coupled with drought, is driving migration from Sudan to Europe. The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supply chains. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong.

article thumbnail

Competitive Pricing: Definition, Strategies, & Benefits

Unleashed

In this competitive pricing guide Competitive pricing definition Competitive pricing is a sales and marketing strategy that involves manipulating price points in a business to match or beat the pricing of its competitors. Competitive pricing in fast-food chains. Competitive pricing in the technology sector.

article thumbnail

10 Inventory Control Techniques That Are Evergreen

SCMDOJO

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

article thumbnail

What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. So what exactly is the definition of “Supply Chain Management”? The Evolution of Supply Chain! Source: [link] ).