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Avoiding Dead-end Streets As We Build the Future of Supply Chain Planning

Supply Chain Shaman

This week, I spoke at a University of Wisconsin event on responsiveness and ASCM on the future of supply chain planning. I forecast this disruption period as the new normal is not over. At the beginning of the pandemic, the forecasted period of disruption of seven-to-eight months. Forecast Sharing. Sales Forecasting.

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The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

PO Collaboration focuses on maintaining accurate demand forecasts, timely communication with suppliers, and efficient replenishment processes to ensure optimal stock levels and minimize stockouts. Configure to Order: This strategy involves customizing standard products based on customer specifications.

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Nine Key Steps to Enabling Resilient Supply Chains

Logistics Viewpoints

Organizations must take the following steps to bring departments together to create truly resilient and sustainable supply chains: Leverage external data to sense market shifts Look to external causal factors and forecasting models to identify market shifts. For this to happen, finance needs to be in lockstep with procurement.

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Active Supply Chain Design: A Key Imperative for De Risking Supply Chains

Logistics Viewpoints

Management practices such as lean manufacturing and just-in-time inventory management, along with globalization, have made tremendous impact on cost and service, but have accentuated risk. Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks.

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Overcoming The Barriers to Use Channel Data

Supply Chain Shaman

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The decline in inventory turns uses cash. I pulled up my covers to go to sleep four hours later. My question is, “Why?”

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This Week in Logistics News (March 19 – 25)

Logistics Viewpoints

The forecast from Signet comes as the broader diamond industry is trying to assess the upheaval in the Russian market. ” The retailers will supply the goods and be in charge of inventory and supply chain management. This is mostly due to the fact that Russia supplies nearly 30 percent of the world’s diamonds.

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Fulfillment, Network Expansion, and the Implications on Inventory Management

FLEXE

Inventory that does not tie up large amounts of working capital and is not perishable. Finally, investing in large amounts of inventory is often required to offset offshore production and shipping, and it exhausts a large percentage of a company’s working capital. . So what does that mean for how you plan for inventory?