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Your Aftermarket Supply Chain is More Complex Than You Think: Stop Guessing, Start Optimizing Lets be honest: managing spare parts inventory requires specialized strategies unlike any other inventory management process. Suboptimal inventory distribution: excessive stock in low-demand locations and shortages in high-demand areas.
They must track inventory, orders and returns in real time, at all times. And they need to manage their resources, from inventory and labor to forklifts and robotics, with incredible precision keeping all assets moving productively, while avoiding excess inventory and equipment downtime. Increasing reverselogistics complexity.
Your Aftermarket Supply Chain is More Complex Than You Think Lets be honest: managing spare parts inventory requires specialized strategies unlike any other inventory management process. Suboptimal inventory distribution: excessive stock in low-demand locations and shortages in high-demand areas. The outcome?
Because logistics are tightly woven into production, fulfillment and the customer experience, the impact of a transit issue, like a delayed shipment, can quickly ripple across the whole business. Inventory buffers shrink. Increasingly, companies are weighing transportation efficiency as a factor in where and how they source.
Bowman, SupplyChainBrain The science of forensic chemistry, familiar to millions of viewers of crime dramas on TV and film, is playing a key role today in tracing the source of products all the way back to their origin. Ethical sourcing science can be applied in so many different ways,” she adds. Or so they say, when asked in surveys.)
Strategize Inventory Planning Accurate inventory management is essential during Q4. Begin working with your suppliers and logistics partners now to ensure timely replenishment and efficient warehousing. Tips for better inventory planning: Reorder early : Avoid delays caused by global supply chain congestion. Learn more.
By harnessing the growing power of AI to not only sense demand at a very fine-grain, real-time level, but also to govern decisions about pricing and inventory. In terms of inventory strategy, First Insight assigns each SKU a unique “Value Score” based on a range of factors, including pricing, likeability and consumers’ likelihood of purchase.
By implementing an AI-powered planning solution that analyzed inventory levels, forecast needs and guided agents to service revenue-producing assets, the company was able to redefine its business model and save roughly $100 million. The business required 100% vehicle uptime but struggled to meet this goal and manage spare parts inventory.
However, it covers key differences between purchasing and procurement, explores common contract types, and emphasizes the importance of strategic sourcing, supplier relationships, and risk management. However, liquidation involves selling excess or unwanted inventory to convert it into cash.
Across partners, objectives for delivering on-time and in-full can also be at cross purposes with keeping costs low, both from an inventory carrying perspective, as well as from a logistical perspective. We had an enterprise ERP system to do this. Or so we thought.
It’s a strategic, big-picture function that includes procurement, manufacturing, logistics, and customer delivery — and all the relationships and processes in between. Real-World Example: Amazon’s two-day delivery is a result of highly optimized logistics, not just fast transportation. Why These Differences Matter?
Among the most effective solutions: automated storage and retrieval systems (ASRS), which use mobile robots to handle inventory storage and picking. 4 Maximize Your Existing Space If you’re only storing inventory at eye level, you’re missing out on massive potential. Modular systems make it easy to expand as your business grows.
It is a strategic function that integrates procurement, manufacturing, logistics, and delivery processes along with partner collaborations. Logistics is a tactical subset of the supply chain focused on the efficient movement, storage, and handling of goods within and across organizations. Q5: How can AI improve supply chain functions?
The industry’s supply chain continues to feel the effects of trade policies that have reshaped sourcing economics. Recent tariff hikes on active pharmaceutical ingredients (APIs), medical devices and certain raw materials — particularly those sourced from China—are creating cost pressures and altering sourcing strategies.
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It demands a deep dive into complex calculations and multi-faceted considerations that impact everything from sourcing and production strategies to long-term investment and risk management. Evaluating the options around sourcing from different countries and applying different inbound and outbound transportation strategies.
Tariff and Deportation Policies on Collision Course in Agribusiness Global Trade & Economics How ReverseLogistics Is Reshaping Retail’s Future ReverseLogistics Digital Edition SupplyChainBrain 2025 ESG Guide: Is ESG Still Relevant?
Artificial Intelligence Supply Chain Visibility Regulation & Compliance Sourcing/Procurement/SRM Supply Chain Security & Risk Mgmt Sustainability & Corporate Social Responsibility RELATED CONTENT RELATED VIDEOS Subscribe to our Daily Newsletter! Yee Chow is global head of strategy and implementation at Zevero.
The warehouse, meanwhile, has been elevated from afterthought to a central player, as new demands and responsibilities are placed on supply chains — from small-batch wave picking and reverselogistics to deeper supplier collaboration, and tariff and sustainability compliance.
Order management is uniquely positioned as the command center of the supply chain, sitting at the intersection of inventory data, logistics intelligence and customer experience. That means dynamically rerouting orders, reprioritizing fulfillment sources, and adjusting service level agreements on the fly.
By embracing a pricing mindset that is as agile as the trade policies it responds to, businesses can take full advantage of pricing as a profit lever, increasing resilience in the face of uncertainty. Andrew Butt is founder and CEO of Enable.
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Sourcing Choosing the suppliers that provide the goods or services necessary to create a product is a critical aspect of the management of your supply chain. These include ordering materials, managing inventory and authorizing payments.
Now is an excellent time to develop organizational execution intelligence, which means using data and analytics to optimize operations across inventory management, pricing and promotion to squeeze every last ounce of efficiency out of your processes. Prioritize execution intelligence. To use a rudimentary illustration from the U.K.,
A Warehouse Management System is software application that optimizes day-to-day warehouse activities, from inventory tracking and order fulfillment to picking, packing, and shipping. inventory inaccuracies), and define goals. With AI-driven tracking, businesses can prevent overselling, avoid stockouts, and improve inventory turnover.
Bowman, SupplyChainBrain In the rush to adjust sourcing strategies in line with current trends in international trade, the answer might be to think small. And they can identify alternative sources in the event of a disruption in the primary supply line, whatever the cause. The conversations are becoming real,” he says.
While this new landscape means easier and faster product ordering for consumers, it puts traditional supply chains under unprecedented pressure to adapt their direct-to-consumer fulfillment, inventory management, and procurement strategies. However, understanding exactly how it has shifted is critical for businesses to adapt.
According to our 2024 report, Generative AI in the B2B Marketplace , 81% of B2B businesses are already investing in AI, with 79% anticipating increasing their AI budgets within the next year.
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The regulation is designed to provide European consumers with extensive data about the provenance of the items they purchase, all the way back to the sourcing of raw materials. Beyond the promotion of ethical sourcing, it’s also about “how we can extend the life of products,” Balaam says.
Shift to Ocean During a Freightos webinar in January, Judah Levine, Freightos’ head of research, said that there are signs that some Chinese exporters and US e-commerce importers or sellers are starting to build up inventories via ocean freight in potential anticipation of stricter de minimis rules. Cargo imported into the U.S.
When everyone operates from the same source of truth, decision-making gets faster, more accurate and far less dependent on legacy processes. That’s not sustainable, especially when facing increasing pressure to scale and turn a profit in a challenging market. For this reason, centralized data governance is becoming essential.
Centralized medication management platforms allow hospitals to track and manage inventory across departments and facilities in real time. Teams spend less time reconciling inventory manually and more time on strategic, patient-facing work. Digital tools help shift that burden.
Reported May 20 Let me take a moment to comment on our global sourcing strategy. Today, more than 50% of our purchases are sourced in the United States. During that period, the vast majority of our supplier partners developed diversified sourcing strategies across several countries, including the United States.
By infusing intelligence into every supply chain touchpoint—from sourcing to shelf—AI is driving operational excellence, customer satisfaction, and exponential growth. Cognitive Inventory Planning: AI continuously aligns procurement strategies with shifts in customer demand, promotional calendars, and macroeconomic conditions.
Reported on April 24 For the moment, we have paused certain purchases from China that were destined for the US market, and will rely on our current inventory to meet short-term demand. Recall, we purchased targeted additional inventory in late fiscal '25 and early fiscal '26, ahead of tariffs. Christopher J. from China.
Automated storage and retrieval systems (ASRS) allow you to better utilize your current footprint by storing inventory as high as 40 feet and streamlining pick and putaway operations. ASRS allows operators to make use of untapped vertical space, transforming high ceilings into high-efficiency inventory zones.
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By infusing intelligence into every supply chain touchpoint—from sourcing to shelf—AI is driving operational excellence, customer satisfaction, and exponential growth. Cognitive Inventory Planning: AI continuously aligns procurement strategies with shifts in customer demand, promotional calendars, and macroeconomic conditions.
Webinars Watch: An Alternative to Traditional Battery-Making Technology for EVs Sourcing/Procurement/SRM Watch: Getting Ahead of Customs Compliance Violations Regulation & Compliance Five Ways AI-Enabled Digital Twins Will Shape the Future of Supply Chains Technology Digital Edition SupplyChainBrain 2025 ESG Guide: Is ESG Still Relevant?
Advertise Contact Us Supplier Directory SCB YouTube About Us Login Subscribe Logout My Profile LOGISTICS Air Cargo All Logistics Facility Location Planning Freight Forwarding/Customs Brokerage Global Gateways Global Logistics Last Mile Delivery Logistics Outsourcing LTL/Truckload Services Ocean Transportation Parcel & Express Rail & Intermodal (..)
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