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Assess your Inventory Optimization Process with This Quiz

AIMMS

Inventory management has always been challenging. The supply chain shocks of 2020 brought this challenge into focus. Too often, inventory is viewed from an aggregate position, likely driven by finance, who are concerned about working capital implications. How does your inventory optimization process score?

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Inventory Strategies: Evaluating Constant Disruptions

Logility

Inventory strategies begin with an efficient network design to effectively balance your ability to accurately predict customer demand and work with suppliers to adjust orders in real time. Instead, supply chain leaders indicate a readiness to pursue a dramatic shift in how their organizations operate.

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Editor’s Choice: 8 Supply Chain Planning Challenges Retailers Will Face In 2022 And Tips To Overcome Them

Logistics Viewpoints

Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article is from Asena Denizeri & Anil Gurbuz at Solvoyo and examines the challenges around supply chain planning for 2022 and beyond.

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Assess your Inventory Optimization Process with This Quiz

AIMMS

Inventory management has always been challenging. The supply chain shocks of 2020 brought this challenge into focus. Too often, inventory is viewed from an aggregate position, likely driven by finance, who are concerned about working capital implications. How does your inventory optimization process score?

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Mars Wrigley’s Highly Successful Supply Chain Digital Transformation

Logistics Viewpoints

Mars has been on a journey to transform their digital supply chain. In 2019, Will Beery was appointed the vice president and tasked with leading the company’s global digital supply chain transformation. Mars’s Digital Transformation Mr. Beery started by asking, “what does a digital supply chain mean for us?”

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What are the Inventory Carrying Costs?

Demand Driven Technologies

Before deciding to invest company resources in a supply chain transformation project, we need to demonstrate a return on investment. This exercise often comes down to one question: If I reduce inventory by X%, what does it save? On the other hand, if my new organization implies an increase in inventory, how can I take.

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The Onshoring, Reshoring, and Nearshoring Strategies Calm Supply Chain Chaos

Logility

The urgent need for supply chain resiliency is increasing interest in onshoring, reshoring, and nearshoring strategies. After years of economic volatility, labor shortages, extreme weather, demand and supply shocks, and geopolitical tensions, supply chain leaders are looking to calm the chaos and bring back predictability.