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Dispelling Untruths: 10 Generative AI Myths

Logility

During this time, the same AI tools that underwrite new technologies have been key in improving efficiency and optimizing all areas of logistics and supply chain processes including forecasting, supply planning, inventory management, manufacturing, network optimization, and more.

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SUPPLY CHAIN PLANNING & INVENTORY MANAGEMENT FOR SMALL AND MEDIUM SIZED BUSINESSES (SMBs)

Vecco International

Vecco International provides a game changing supply chain Planning & Inventory Management (PIM) product for “smaller” manufacturing, distribution, and construction businesses (SMBs). Smaller manufacturers do not require bespoke configuration but cannot afford the up-front fees or the investment of key staff for a successful on-boarding.

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Just-in-time Manufacturing ? A Manufacturer?s Guide to Effective Inventory Management

ThroughPut

What is Just-in-time Manufacturing? Just-in-time (JIT) manufacturing is described as a production model in which products and services are produced to meet specific demand and not necessarily created in surplus, in deficit, or in advance of actual need. Difference between Lean Manufacturing and JIT Manufacturing.

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Just-in-time Manufacturing – A Manufacturer’s Guide to Effective Inventory Management

ThroughPut

What is Just-in-time Manufacturing? Just-in-time (JIT) manufacturing is described as a production model in which products and services are produced to meet specific demand and not necessarily created in surplus, in deficit, or in advance of actual need. Difference between Lean Manufacturing and JIT Manufacturing.

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Navigating Returns: Five Strategies for Shippers to Reduce Return to Origin

Locus

Returns, in the context of logistics, is the process of moving goods from their final destination back to the manufacturer or point of origin for multiple reasons. Schedule a Demo The post Navigating Returns: Five Strategies for Shippers to Reduce Return to Origin appeared first on Locus Blog. What are Returns in logistics?

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Is It a Good Idea to Invest in Hiring a Purchasing Manager?

Precoro

There is no universal answer to this question, as purchasing process, procurement policies, goals, and volumes differ not only in the industries but even from company to company. In some cases, for example, in manufacturing businesses, optimized spending can impact the company’s bottom line more than successful sales or marketing.

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This Week in Logistics News (April 17-21, 2017)

Talking Logistics

Now, moving on to this week’s supply chain and logistics news… Amazon won a patent for an on-demand clothing manufacturing warehouse (Recode). Cyber Insurance Becomes a Must for More Manufacturers (WSJ – sub. I haven’t seen a demo of the solution, so I can’t comment on its functionality. Source: Amazon patent.