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Reinventing Supply Chains: Focus on Human Factors

Supply Chain Shaman

Commercial teams operate in a ship-to environment, but the supply chain teams operate in a transactional world based on a ship from model. Visibility of the translation layer of ship to converted to ship from is not existent. A negative FVA increases cost, inventory, and risk. The reason? The impact is exponential.

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How CPG leaders can reduce costs without hurting supply chain performance

Kinaxis

AI-powered tools improve demand sensing, optimize inventory, and manage exceptions—allowing organizations to do more with the same or fewer resources. Predictive inventory optimization also helps prevent costly overstocking or stockouts. Want to learn more?

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7 Ways Businesses Can Manage Supply Chain Shortages in 2021

ToolsGroup

Use analytics to put your available inventory to the best use. Chances are you do have some inventory–make sure it’s being put to the best use with automation and data analytics. In more buoyant times, companies are often optimizing inventory to reduce cost or maximize revenue to grab market share. Knowledge is power. ?

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What is Reverse Logistics and How Is It Different than Traditional Logistics?

GlobalTranz

Learn more about reverse logistics and core considerations by downloading the ebook: Mastering Reverse Logistics Guide. The manufacturing firm would then have to organize shipping of the defective product, testing the product, dismantling, repairing, recycling, or disposing of the product.

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What Are the Top Warehouse Management KPIs Every Supply Chain Exec Should Measure

GlobalTranz

Download ebook. You need to monitor inventory turnover, the carrying cost of inventory and the average inventory value, explains Paul Trujillo of Business 2 Community. Carrying Cost of Inventory = Inventory Carrying Rate (How Long a Product Stays in the Warehouse) * Average Inventory Value.

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ChatGPT and the Revolution of AI-First Forecasting

Logility

We get a transformative shift that allows companies to plan demand and inventory at the sheer speed of the market. Companies are now equipped to plan demand and inventory with unparalleled speed, aligning their strategies more closely with real-time market demands. In supply chain planning, this translates to a transformative shift.

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4 Ways to Optimize Your Shipping Network Strategy

GlobalTranz

One such area that offers the greatest opportunity is shipping network optimization. The question is, how can a company optimize its shipping network? download ebook. download ebook. Optimal shipping networks are not “one size fits all.”