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Turn a Good Demand Forecast into the Optimum Inventory Plan

ToolsGroup

How Do You Turn a Good Demand Forecast into the Optimum Inventory Plan? They care if you have the inventory they want when they want it. But carrying too much inventory can reduce profits and might not be practical for some items such as fresh goods. How do you turn a good forecast into a great inventory plan?

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Understanding the Shipping Container Shortage!

Supply Chain Game Changer

Shipping container shortage article and permission to publish here provided by Sam White at Argentus. The massive global shipping squeeze. Demand for physical goods rose – everything from office furniture to groceries to fireworks to exercise bikes – as people tried to make the most of staying home. Subscribe Here!

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Mars Wrigley’s Highly Successful Supply Chain Digital Transformation

Logistics Viewpoints

For the largest retailers, short shipping results in fines and penalties. “I’ll The algorithms generate recommendations on optimal ways to rebalance inventory based on cost and service level impacts. This exercise was previously a cumbersome manual exercise done on a weekly basis for the top 45 stock keeping units (SKUs).

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3 Best Practices to Improve Your Flatbed Shipping Performance

CH Robinson Transportfolio

Flatbed shipping is an important contributor to the overall economy as several key industries leverage this solution for the movement of their critical freight. When it comes to flatbed shipping, each industry faces unique challenges in seasonality, regulation, competition, and scalability. wind, solar, utilities).

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Supply Chain Design Crosses the Chasm

Logistics Viewpoints

On the supply side, material shortages, staffing challenges, and shipping capacity constraints are all happening at the same time. The rapid shifts to eCommerce during the pandemic caused retailers and brand owners alike to flex their network nodes (where goods are made and inventories are stocked) significantly.

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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. Shipping Frequency, Service Routing, Delivery Time, Compensation Clause, etc.,)

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Buying 2021 Holiday Gifts for the 2022 Holiday Season

Enterra Insights

.”[1] Here’s the rub: “All those excess retail inventories are starting to weigh on warehousing markets. ” To make room for new inventory, many of America’s largest retailers are steeply discounting excess goods this summer. As a result, many retailers are sitting on excess inventory.”