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Editor’s Choice: 8 Supply Chain Planning Challenges Retailers Will Face In 2022 And Tips To Overcome Them

Logistics Viewpoints

As we have seen in 2021, businesses automated and integrated supply chain planning capabilities, including demand-sensing , dynamic safety-stock management , inventory optimization , and external collaboration. While increasing demand for at-home exercise equipment also expedited the expansion of the online wellness industry.

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Sourcing Offices: a shift of paradigm

KEPLER Consulting

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath.

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Your supply chain is costing you money – Reason #10 Failure to adequately train your supply chain planning staff

Kinaxis

Reason #6 Not effectively managing inventory. A bad decision can result in missed orders, significant inventory, or scrapped materials. By doing this, they could potentially save the company millions of dollars in excess inventory. CSCP consists of three workshops followed by an exam for certification.

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What is Inventory Management?

EMERGE App

What is Inventory Management? Inventory management, in a nutshell, describes your efforts to manage, assess and report on the flow of your stock of goods. You might be using pencil-and-paper, spreadsheets or sophisticated inventory management software to do this. Two Essential Features of Inventory Management Today.

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6 Tips for Students to Develop a Career in the Supply Chain

SCMDOJO

Pursuing a degree in these areas will equip you with the fundamental knowledge of supply chain principles, such as procurement, inventory management, logistics, and operations strategy. Get Familiar with WMS : Explore warehouse management systems to understand how they enhance inventory tracking and improve order fulfillment.

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Integrated Supply Chain Planning – The Number 1 Opportunity

Enchange Supply Chain Consultancy

planning, sourcing, manufacturing, etc.) So we held a workshop. The benefits for the producer will be finished goods inventory reductions and a reduction in month-end sales peaking. We have also been working with many of the same companies on Route to Market (RTM) projects. Our conclusion?

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Brexit: 5 Things Supply Chain Leaders Should Consider to Prepare for its Impact

AIMMS

Do you need to set up new inventory locations? Perhaps it makes sense to build up additional inventory in the UK or on the continent. New sources of risk post-Brexit include tighter customs and administrative control processes, cost increases, and border crossings that are more prone to error. What types of risks will you face?