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AI-Powered Inventory Planning for Better Sleep

Logistics Viewpoints

However, the juice for my newfound nightly routine soon became difficult to find, perpetually out of stock each time I tried to purchase it at the grocery store. Daily Automated Segmentation Enter the realm of automated segmentation, a solution that streamlines inventory management by taking demand variability into account daily.

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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

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Building Value Networks. Stopping the Backward Slide.

Supply Chain Shaman

Phone calls to Europe or Asia were costly and of poor quality. By the early 2000s, phone calls to Europe from my cell were expensive but manageable. IBM purchased Sterling Commerce. All solutions, irrespective of capabilities, call themselves a network. Avoid slick presentations. Start With Definitions.

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Why Sustainable Home Delivery Results in Greater Sales and Profitability

Logistics Viewpoints

Second, the pandemic kicked online buying and home delivery into “high gear” as many consumers embraced its convenience and dramatically expanded the scope of their online purchasing. Consumers are making purchasing decisions based upon environmental impact. So, how are these two trends mutually beneficial?

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Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

More specifically, it took 83 days for container transport from Europe to Asia, and 88 days from North America to Asia. Brand loyalty is no longer the driver for consumer purchasing decisions. This is 15 days longer than the same quarter last year and an additional five days than the previous quarter. BE READY FOR THE NEW NORMAL.

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How Europe is Coping with Supply Chain Disruption

Jaggaer

Adapting to the present and future challenges of COVID-19. Define your procurement response strategy. Many countries have closed shops for non-essential and discretionary purchases, and even where they are open, consumers may be cautious about venturing to the high street, preferring to shop online. Here’s another positive.

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What You Need To Know About The State Of The Retail Worker Shortage

ToolsGroup

The article states that “presently, there are nearly two open jobs for every unemployed worker.” From the United States to Europe, it’s a worldwide challenge for retailers. Moreover, the new policy of purchasing online and picking up in-store adds to the already high-stress environment for in-store employees.