Remove Inventory Remove Optimization Modeling Remove Supply Chain Remove Warehousing
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Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

Imagine what would happen if each station optimized its schedule and traffic independently: city-wide chaos would ensue. Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have.

Modeling 270
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Building Smarter Warehouses with the Latest in Smart Warehousing Technologies

Invata Intralogistics

Today, warehouses are transforming from traditional back-end facilities into high-tech, data-driven distribution centers that are more efficient, accurate, and responsive than ever. Trends toward innovative warehousing are not just about innovation but survival and growth in an increasingly competitive market.

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Supply Chain Resilience. Really?

Supply Chain Shaman

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Background The Council of Supply Chain Resilience met for the first time this month. What is supply chain resilience? The reason?

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Omnichannel Retailers Leverage Optimization for Order-Promising

Logistics Viewpoints

Historically, omnichannel software solutions were not capable of optimization. Historically, an OOM has access to all the company’s inventory. The system allocated which orders would get inventory from a given location to fulfill an order. The hierarchy of rules is too simple to fully optimize profitability.

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A Problem Persists: Reliance on the Just-In-Case (JIC) Supply Chain Model

Enterra Insights

The Just-In-Time Supply Chain Model vs. Just-In-Case Supply Chain Model Several years ago, when the pandemic became a full-blown global crisis, most supply chains used the “just-in-time” model, which relies on resources and goods being available right when they’re needed. As Jessica L.

Modeling 130
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Gain a Leading Edge in Inventory Management through Digital Transformation

DELMIA Quintiq

An increasing lineup of advanced digital solutions have given manufacturers the edge to transform and achieve better inventory control. The manufacturing industry is constantly searching for new and inventive ways to improve inventory management. Types of inventory that can be optimized.

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Inventory Planning vs. Inventory Optimization: What’s the Difference?

ToolsGroup

What’s the difference between traditional inventory planning and inventory optimization? Optimizing your inventory is a different beast than simply planning your inventory. They face a complex distribution network and optimizing inventory for each location is challenging. It’s a lose-lose game.