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Why Have We Not Reduced Inventory?

Supply Chain Shaman

This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management. I think that it is time for us to take the litmus test and ask the hard questions, “Have our practices impacted days of inventory? I want to believe.

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Piecing Together the SIOP Process

The Logistics & Supply Chain Management Society

Sales, Inventory, Operations Plan (SIOP) is a process within many successful supply chain organizations that recognizes the integral relationship between all departments in the company, but how do you piece together an SIOP process? SIOP stands for “Sales, Inventory, Operations Plan”, not to be confused with “S&OP”.

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The Machine Learning Trap or How to Tell if You’ve Got the Right Waiter

The Logistics & Supply Chain Management Society

A friend recently told me a fitting example of this: A few years ago, he worked for an AI startup that was invited by a large pharmaceutical company to give a board presentation. The presentation went well, but my friend and his colleague, an AI programmer, were subsequently in a moral quandary. MORE FROM THIS EDITION.

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When to Switch From In-House to Managed Logistics Transportation Services

GlobalTranz

Indicator 1: It’s Difficult to Track Your Inventory From Suppliers Through Final Mile. Inventory tracking and visibility must be present from the first mile through the final mile, reflecting the entire shipment lifecycle through white glove services. That’s where automation within 3PL-driven systems can add value.

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SYNOPSlS: Your Supply Chain Roadmap IDC’s Predictions for 2022 and Beyond

The Logistics & Supply Chain Management Society

Presenters: Dr Chris Holmes , Managing Director, IDC Insights Asia Pacific. Speed, accuracy, and flexibility will require the integration of multiple systems seamlessly to increase information and inventory velocity to meet customer demands. LogiSYM Supply Chain Magazine – February 2022.

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The Supply Chain’s Groundhog Day Experience

Enterra Insights

The staff at My Logistics Magazine explains, “When the Covid-19 outbreak devastated worldwide commerce back in 2020, paralyzing supply chains, most industry professionals believed that the interruptions to global supply systems would be transitory. .”[5] ” My Logistics Magazine. [4] ” Friend-shoring.

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Finding the Best ERP for Snack and Bakery Companies

QAD

It’s no surprise that Snack Food and Wholesale Bakery magazine is calling ERP “essential for snack and bakery companies” in a recent article, “ Snack and bakery companies search for new and improved ERP software ”. Manufacturers need to mesh these two supply chains together to achieve their goals and face down the ever-present challenges. .