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No Time Like the Present

Supply Chain Shaman

Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. The gap between logistics and procurement; and logistics and customer service increases process latency. Inventories increased by 44% due to supply chain volatility. See the pattern?

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Why Is Promotion Planning Important In Inventory Management?

Logistics Viewpoints

I was excited to place the order right away so my present would arrive in time for Father’s day. Why should we consider Promotion Planning in Inventory Management? Whether it be e-commerce, brick-and-mortar, or both, retail companies care about the inventory they keep. To my delight, I found one that was on promotion.

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2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

It’s human nature to want to start a new year with new goals—the ever-present new year’s resolutions. Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Logistics and inventory management rounds out the top four focus areas at 82 percent.

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Leveraging the power of ERP to optimize inventory management

SYSPRO Smarter ERP

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. Using proven inventory management processes, supply chain design, and planning helps optimize your stock.

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“Never Let a Good Crisis Go to Waste” – Key Insights from the Automotive Logistics

BlueYonder

” – Sir Winston Churchill Having just returned from the 2023 Automotive Logistics and Supply Chain Global conference in Detroit, these words are very fitting to encapsulate the essence of the event. “Never let a good crisis go to waste.” Short-term visibility at the Purchase Order/ASN level is insufficient.

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Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. Written by logistics leaders who are practitioners in their respective companies, it aims to stimulate thinking on how shippers or BCO’s could view business continuity and risk in the current environment.

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Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

Inventory Optimization to Unlock Supply Chain Efficiencies with Cost Reduction. A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years. INVENTORY STRATEGY. DEMAND FORECASTING.