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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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German Premium Automobile Manufacturer Deploys Dassault Systèmes’ Solution for Production Planning and Scheduling at E-Drive Production Sites in Europe

DELMIA Quintiq

DELMIA Quintiq applications aim to help lower the cost of production by enabling reduced set-up time and inventories, and quick responses to disruptions. This includes optimizing the production of all five press plants in Germany.

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The Counter to Constant Supply Chain Volatility Is Pervasive Visibility and Industry Collaboration

Logistics Viewpoints

The surging Delta virus, devastating floods in China and Germany and cyber attacks on South African ports are amongst the latest in a series of events that continue to send shock waves throughout the system. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility.

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The German Supply Chain Law Effects on Global Trade and Compliance

ModusLink Corporation

Several countries have taken concrete steps in this direction, and this newest piece of legislation’s impacts can only be explained by breaking down the facts of how they’ll impact companies operating in or with Germany. It impacts traditional import and export relationships and e-commerce in the EU. IBM , [link] Accessed 11 March 2023.

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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. This enables carriers to optimize their transportation capacity to deliver the shipment on time at best price.

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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. It’s a global problem. million to 75.3

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2022 Forecast: Supply Chains Become Critical Infrastructure

ToolsGroup

All this led to global supply chain disruptions and inventory build-ups, wrong inventory mixes, and supply chain shortages in 2022. This is already starting to happen in Germany, which recently passed a law called the “The German Supply Chain Due Diligence Law” (effective January 1, 2023).