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The Future of Supply Chains Post COVID-19 – LogiSYM July 2020

The Logistics & Supply Chain Management Society

But companies will have to go beyond the usual inventory optimisation. . For example tools like self-billing can support to fasten time consuming transport invoices reconciliation etc…), several SC models will co-exist and will be intermediately used depending on the market condition. MORE FROM THIS EDITION.

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4 Tips To Cut Costs In A Warehouse

GlobalTranz

Protect Inventory You can’t function as a business without a well-stocked inventory. Cross training and productivity seminars should be offered to current workers to further increase efficiency. Forklifts, for example, are considered pretty essential to everyday work. Time is money, so money is what you primarily lose.

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How AI & Machine Learning Will Transform Supply Chain Management Through Software-Driven Automation

Accelogix

For example, accurate data capture inside many warehouses can be a challenge even when you have top of the line IT systems because of inconsistent Wi-Fi, paper-driven processes, and manually triggered process steps. Systems driving the warehouse floor will see every barcode and remember the context, virtually eliminating inventory loss.

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Avoid “Lost in Translation”. Monetize S&OP to Include Finance.

ToolsGroup

For example, a demand planner at an S&OP meeting might say she expects to sell 10,000 units; whereas finance is focused on achieving a gross margin contribution of $12,500. 4-9% decrease in the value of obsolete inventory as a percentage of total stocked goods (product costs). Both numbers are “correct.”

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The Value of Logistics and Supply Chain Education!

Supply Chain Game Changer

But it’s not as easy as, say, cutting inventory costs. For example, Gebrüder Weiss’s (GW) scholarship programme is to form a diversified workforce in logistics. Many academics have found that online seminars focus on math problems. For example, making an Excel spreadsheet with a demand forecast, are very popular.

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This Week in Logistics News (April 16-19, 2018)

Talking Logistics

I am in Minnesota today, at the CSCMP Twin Cities Roundtable Annual ½ Day Seminar , where I am participating in a keynote session with Rick Blasgen (President & CEO of CSCMP) and Steve Raetz (Director Research & Market Intelligence at C.H. and up come the results on the screen.

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Executive's Guide to Supply Chain Research

Supply Chain Opz

Example of Supply Chain Research Following the same logic, we can demonstrate the types of researches in supply chain management context as below Jay Forrester observed that when the demand at retailing level increased drastically so that the supply side couldn''t catch up with the demand which lead to the instability of the whole supply chain.

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