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Life Sciences Supply Chain Inventory Optimization

Logility

The life sciences are integral to the quality of life and lifespan, but the field faces some uniquely difficult inventory challenges. Once you’ve created a digital twin of your physical supply chain, you can manipulate and experiment with the data.

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Optimizing Aftermarket Inventory: How ToolsGroup Helps Manufacturers Navigate Complexity

ToolsGroup

With a growing number of older vehicles on the road, the aftermarket industry faces greater pressure to optimize supply chains, ensuring critical components like brakes, tires, and batteries are readily available to meet rising demand. This shift has led to a growing need for agile inventory management and quick delivery systems.

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Elevating Inventory Management with Multi-Echelon Inventory Optimization

Logility

Modern supply chains are far from linear. This urges a shift from the unsustainable practice of buffering against uncertainty with high inventory levels. This urges a shift from the unsustainable practice of buffering against uncertainty with high inventory levels. Such complexity drives demand volatility.

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Inventory Everywhere, But Not the Right Product to Ship

Supply Chain Shaman

Bloated inventories. Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. Changes in Inventory Year-end inventory values by industry from Y Charts. Retrospective Why do we have issues managing inventory today? The story continues. Rising inflation. Next steps? Measurement.

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The Current and Future Use of Gen-AI in Supply Chains

From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. It’s a must-read for forward-thinking procurement and supply chain leaders looking to harness the power of AI to achieve transformative results. AI isn’t the future. It’s here, now.

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Beware the Swinging Pendulum on Supply Chain Inventory Practices

Logistics Viewpoints

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Why tell this story?

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High Performance Inventory: The Supply Chain Differentiator

ToolsGroup

It’s the typical supply chain refrain. The key lies in high performance inventory. Forward-looking supply chain professionals understand that inventory is not an end in itself; it’s a means – to enhanced customer service, increased profitability, and greater efficiency.

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Just In: Inventory Optimization Research

How are organizations performing on inventory optimization? Inventory: asset or liability? It’s a debate as old as supply chains themselves. This new guide exposes many of these vulnerabilities and sheds light on how supply chain teams are adapting to the "new normal." Find out in this new research report.

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Digital Transformation: Why You Can’t Afford to Wait

Brittle supply chains, fragmented systems landscapes, unreliable and inaccurate data, as well as poorly managed IT and business networks are consistently reported as top concerns, which is why executives are increasingly prioritizing digital transformation.

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5 Powerful Prescriptive Analytics Examples in Supply Chain

Supply chain, with its complex planning questions, is typically an area where optimization technology is required. Supply Chain Network Design. Inventory optimization. Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing a recommended action. Read about 5 use cases.

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Elevate Your Supply Chain Resilience With Scenario Planning

Speaker: Robert Olszak- Vice President, Global Supply Chain Optimization, RGP

As a supply chain director, you want to ensure that your supply chain network can withstand any disruptions and be optimized for peak performance. The global logistics market is growing, and companies need to prepare for the next generation of supply chain management.

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5 Critical Challenges Facing Pharmaceutical Supply Chains

There’s little room for error in most global supply chains, but none for the pharma cold chain. Real-time visibility and tracking are critical to order accuracy, schedule reliability, inventory management and compliance in a high-value, highly regulated industry.

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Your Supply Chain Challenges, Solved!: 5 Guides

Download these 5 comprehensive guides designed to solve the toughest challenges facing supply chains today. After helping 1,200+ of the world’s most recognized brands to enhance and optimize their supply chains, FourKites has crafted step-by-step guides to help you solve your business’s most pressing challenges.

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Just in Time vs. Just in Case: What’s the Way Forward for Supply Chains?

Just-in-time supply chains worked just fine — until they didn’t. Is more inventory the answer? Read this latest GEP paper to learn how enterprises can ensure adequate supplies without running excess inventory. It’s not a binary solution.

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How to Tackle Today's Most Complex Inventory Challenges

Speaker: Andrew Kurpiel - AmerCareRoyal | Bill Benton - GAINS | Paul Benhamou - Benco Dental

The turbulence in today’s supply chain requires you to react faster and make continuous adjustments. By targeting inventory investments and regulating service expectations, their inventory optimization activities have improved performance. To accomplish this, you must evaluate and act on real-time data.