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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down. This leads to lower inventory carrying costs and thus better case flow. Demand forecasting should be tightly integrated to an inventory optimization application.

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23 warehouse pros reveal the best ways for warehouses to control & reduce fulfillment costs

6 River Systems

Every warehouse strives for efficient order fulfillment. There are many factors that can impact costs, from warehouse replenishment practices to the warehouse equipment deployed to support the fulfillment process. ” Meet Our Panel of Warehouse Pros: Nate Masterson. Dave Masterson. Nate Masterson. MapleHolistics.

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The impact of regional instabilities on the Global Supply Chain and how ERP can help

SYSPRO Smarter ERP

Now, the greatest risk they face has shifted to the regional instabilities due to military conflict and the geopolitical and economic uncertainties it has created. Revisit your sourcing arrangements with suppliers, especially with a view to geographic location. Develop business continuity plans with your suppliers.

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Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

So military logistics was really interesting because it’s big scale stuff. It was far more fascinating than military logistics, so within a few years I decided to leave and headed out to Australia and worked for a consulting company for two or three years. I said, “that’s fine, I’ll take that one”.

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Top 10 Supply Chain Innovations of 2018

Material Handling & Logistics

Click the links below to compare this year's innovations to those from previous years: Top 10 Supply Chain Innovations of 2017 : exoskeletons, autonomous forklifts, flying warehouses, last-mile delivery, and more. Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more.

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This Week in Logistics News (July 30 – August 5)

Logistics Viewpoints

With the new partnership, retailers will fulfill orders from inventory in their stores, and a Flex delivery driver will pick them up from the retailer. Apparently, warehouses are full. Some of the participating retailers also give shoppers the option to order items online and pick them up at the store.

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Baltimore Bridge Collapse- A Reminder of Supply Chain Risk

Supply Chain Matters

Questions relate to how the container ship Dali , and a vessel of the size and breath of a military aircraft carrier can suddenly lose all electrical power including the ability to steer and navigate the vessel. refineries and warehouses.