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Want to improve the current supply chain situation? Mobilize industry and governments to focus on its people, and develop and increase the usage of technology, improving planning and efficiency.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Choose a Cleaning Company! The demands of work, family, and friends mean that most people have difficulty finding the time to clean their homes. However, you must keep your home clean for health and aesthetic purposes. The good news is that there are now robot vacuum cleaners available for purchase that can take care of most of the heavy lifting for you.
First it was "multi-channel." Then, the "omnichannel." But retail supply chains hoping to succeed today need to adopt the concept of the "customer channel," says Randy Evins, industry adviser for food retail with SAP.
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Strengthen your operations with the Supply Chain Resilience Checklist. This practical, easy-to-use tool helps your organization prepare for disruptions and ensure long-term continuity in an unpredictable world. Why Download: Identify and assess critical supply chain risks Ask the right questions to evaluate vendor preparedness Implement effective strategies to reduce vulnerabilities Improve communication, transparency, and coordination across your network What You’ll Learn: How to evaluate and m
A roadmap towards achieving demand-driven inventory replenishment planning. Demand planning is a key requisite for holistic supply planning as it involves building an accurate forecast of future demand based on supply drivers, to meet customer needs as precisely as possible. With the unusual levels of demand fluctuations in the market today, it is important to regulate the road to replenishment management in supply chains.
A roadmap towards achieving demand-driven inventory replenishment planning. Demand planning is a key requisite for holistic supply planning as it involves building an accurate forecast of future demand based on supply drivers, to meet customer needs as precisely as possible. With the unusual levels of demand fluctuations in the market today, it is important to regulate the road to replenishment management in supply chains.
“Tsunami of returns” is the new expression for what has been happening in logistics the past few years. It might seem like an overstatement but we have numbers to prove it. In 2020, the total returns in the US accounted for $428 billion in lost sales, which was a whopping $761 billion in 2021. There was a 178% jump in merchandise returned between 2020 and 2021.
For brands and manufacturers to be responsive to near-term demand fluctuations, they must first achieve a greater level of connectivity and visibility from their end-to-end supply ecosystem.
Inventory Optimization to Unlock Supply Chain Efficiencies with Cost Reduction. A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years. Inventory optimization aims at arriving at the right amount of inventory that is sufficient to meet present and future forecasted demand.
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
The lull in purchasing has worsened throughout the year as high inflation, rising labor costs and recession fears have triggered a reassessment of procurement budgets.
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