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Boosting Efficiency: Top 5 Inventory Optimization Strategies

SCMDOJO

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

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ZF’s Transition from Lean to Supply Chain Resilience

Logistics Viewpoints

This technology company is headquartered in Friedrichshafen, Germany. ZF offers product and software solutions for established vehicle manufacturers and newly emerging transport and mobility service providers. We use digital call-off information in multiple ways. Then, Mr. Sobeck explained, “we have transport information.”

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Ease the Burden of Labor Shortages and Increase Supply Chain Resiliency 

Logility

The labor supply is shrinking in Germany, Poland, Russia, and Japan, and contraction is expected to quicken. These include transportation and material moving, warehouse and fulfillment center workers , truck drivers, call center agents, delivery services, and manufacturing workers. Today’s challenges require informed decision-making.

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6 Key Takeaways from Blue Yonder Automotive Connect

BlueYonder

These challenges involve grappling with extended lead times for parts inventory and navigating limitations in distribution center (DC) space. MBUSA is confronted with the task of creating highly precise forecasts and optimizing inventory levels, made more complex by the heightened volatility in demand.

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The Ultimate Guide to Contract Logistics: What You Need to Know

SCMDOJO

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. Additionally, its strategic location in proximity to Germany, France, and the UK adds to its appeal.

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o9 Solutions and Genpact Partner to Digitally Transform Supply Chain of Eckes-Granini

o9 Solutions

The joint initiative digitizes end-to-end supply chain processes at Eckes-Granini and breaks down information silos within the organization. The implementation will reduce supply chain costs and inventories, eliminate excess inventory, waste and duplicative processes and enhance operating efficiencies to support long-term goals.

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This Week in Logistics News (October 1 – 7)

Logistics Viewpoints

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. The six areas are energy use, nature, waste, packaging, transportation, and product use and design. Financial terms of the deal were not disclosed. Robots are everywhere these days.