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Supply Chain: The True Game of Risk

Supply Chain Shaman

When I was a small child growing up in the mountains of West Virginia in the United States, on snowy days, my family would gather around the kitchen table and play board games. To ensure clarity, let’s start with a definition. Focus on Multi-Tier Inventory Management. One of my favorites was the board game Risk.

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A New Red Wagon?

Supply Chain Shaman

I grew up in the mountains of West Virginia. As shown in Figure 1, the company has been unable to maintain balance on the portfolio of cost and inventory. Note that recent inventory progress is slipping against the improvements during the recession). Give examples, definitions and make it real. Amazon bought Whole Foods.

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Supply Chain Market Report – July 2022

Elementum

Over the last 2 years, Supply Chain teams have been struggling to procure and manufacture enough inventory. Suppliers will continue to ship orders in an effort to get the inventory off their books. The economy is definitely hitting a period of high volatility. This could be far worse than an economic speed bump.

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Digitized Procurement: Your Setting-off Point to Autonomy

Jaggaer

To cut through the fog of hype and disinformation, let’s remind ourselves of the definitions we have set out in our past reports. Through our review we recognized that managing the inventory of chemicals and the associated safety database manually on spreadsheets was cumbersome and inefficient. DIGITIZATION. DIGITALIZATION.

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My Quest to Build Holistic Thinking

Supply Chain Shaman

The bonus incentive programs of the sales teams in software sent my humble West Virginia country girl roots into overdrive. Sales incentives drove a positive bias that inflated inventory. Allergic to inventory, Fred worked out arrangements with distributors to push inventory into the channel. In 2020, they were not.

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My Quest to Build Holistic Thinking

Supply Chain Shaman

The bonus incentive programs of the sales teams in software sent my humble West Virginia country girl roots into overdrive. Sales incentives drove a positive bias that inflated inventory. Allergic to inventory, Fred worked out arrangements with distributors to push inventory into the channel. He saw all inventory as “bad.”

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This Week in Logistics News (July 16 – 22)

Logistics Viewpoints

In the next 40 years, the answer is (most likely) a definitive no. The two new prototypes are both based on the Hummingbird, which Wing says can carry about 2 pounds and has made hundreds of thousands of deliveries in Dallas suburbs, Virginia, Australia, and Finland. But are the Jetsons just a few centuries before their time?