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2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

As Alan Amling at the University of Tennessee put it, “2024 is riddled with uncertainty.” For more information on the research, click here. Logistics and inventory management rounds out the top four focus areas at 82 percent. Typically, we make it at least one month into the new year before we have to revise our plans.

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Congrats to the Winners of the Supply Chains to Admire 2023

Supply Chain Shaman

An average margin of 21% with inventory turns of 1.58 For example, while the University of Tennessee features the story of Mondelez as a journey in supply chain excellence, and features Daniel Myers, past Supply Chain Leader, as a lecturer, I do not see Mondelez as a Supply Chain to Admire. show a clear gap in performance.

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Supply chain risks: The knowable unknowns that can hurt your supply chain!

Kinaxis

An extreme example of this is a ride from Chicago to Colesburg, Tennessee taking 18 days, 13 hours, and 57 minutes! This has led to increased costs, not to mention all the inventory stuck in-transit. However, this information in most cases does not make its way back into the planning systems. I used lead time as an example here.

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This Week in Logistics News (April 8 – 14)

Logistics Viewpoints

According to a report from The Information , the company is imposing this fee on returns when return options at Whole Foods, Kohl’s, or Amazon Fresh locations are closer or at the same distance as a UPS Store return location. Employment at U.S. Warehousing and storage employment fell to 1.91 million workers.

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Collaboration Key in Creating Competitive Advantages Through Supply Chains

Supply Chain Network

BOSTON, MA, October, 27, 2017 – Research recently published by the University of Tennessee, Knoxville’s Global Supply Chain Institute , and sponsored by Maine Pointe , identifies collaboration as one of six key elements of creating competitive advantages through supply chains. For more information visit www.mainepointe.com.

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Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Paul Dittmann , Executive Director of the Global Supply Chain Institute at the University of Tennessee Improving operational efficiency in the global supply chain is a complex undertaking, and requires a documented, multi-year strategy instead of knee jerk reactions, and programs of the month. What can you do?

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Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection

Kinaxis

There is a constant push to free up working capital by leaning down on the inventories. However, a 2014 report by University of Tennessee on managing risk in global supply chains points out that 90% of the firms surveyed do not quantify risk when outsourcing production! Such risks are on the rise.