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Five Reasons Why Are We Not Making Progress on Inventory Management

Supply Chain Shaman

Today, I am cruising major freeways traveling from Chicago to my new home in Pennsylvania. At the session, we discussed why companies have not made more progress on inventory management. In the case of Apparel and Automotive industries there are slight improvements, but they have shifted inventories to suppliers. There are many.

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What Exactly Is Omnichannel 2.0 and How Is It Different?

GlobalTranz

Better risk management strategies. Improved inventory management, reducing instances of overstocking and under stocking. According to the Wharton University of Pennsylvania , the measures to fully utilize omnichannel 2.0 Develop and Maintain a Customer-Centric Strategy. Omnichannel 2.0 End-to-end visibility.

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The Supply Chain’s Groundhog Day Experience

Enterra Insights

The movie is about a cynical television weatherman named Phil Connors (played brilliantly by Bill Murray) who is assigned to cover the annual Groundhog Day event in Punxsutawney, Pennsylvania. Another widespread response to recurring supply chain challenges has been a change in supply chain strategy. ” Friend-shoring. .”

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Sustainable Food Waste Management for Food Industry SMEs

Unleashed

Sustainable food waste management therefore looks at strategies to reduce waste where it occurs, before it occurs. The following five strategies can help food and beverage manufacturers to manage and reduce their food waste: 1. Improving food inventory control. Feeding the community.

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Building Outside-in Processes: Answering A Question From the Audience

Supply Chain Shaman

Last week, I spoke at the CPHA supply chain conference in Philadelphia, Pennsylvania. Companies that are good at demand management understand the need for design–form & function of inventory and push/pull decoupling points –and the orchestration of demand to make better decisions in sourcing, transportation and delivery.

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Supply Chain Leaders Prepare For The Long Haul. Caution: It Will Be Gray.

Supply Chain Shaman

While my town in Pennsylvania is releasing restrictions, and people are starting to gather again in large groups, I say, “We cannot be too careful.”. How did the changing mix of the orders shipped change inventory buffers at suppliers? Define An Outside-in Strategy. Navigating Network Strategies. A Long Road Ahead.

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This Week in Logistics News (October 23 – 29)

Logistics Viewpoints

The company said it has invested more in inventory planning and partnerships with suppliers so it has enough goods on hand while making sure it can route items to where they’re urgently needed. With its new team of robots and the advanced facility, both operated by GXO Logistics, Saks is aiming to keep up with surging online sales.