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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Doing this, increases the benefits.

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Guest Commentary: P.O. Management Programs – Know Pain, Know Gain!

Talking Logistics

What is this going to cost? You could answer them with a purchase order (P.O.) Your stakeholders can: Align sourcing, purchasing, logistics, and I.T. management and related logistics objectives. Understand technology, information, and reporting tools and how to use them in the business. Why is it late?

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Contracts, Cancellations, and Closures: Persistent Trends Leave a Pre-Peak Season Logistics Industry on Edge

Intelligent Audit

With peak shipping season just around the corner, the logistics industry is looking forward to a smoother supply chain than previous years have provided. However, transportation management experts caution logistics providers not to get too excited. Experts Weigh-In on Peak Season 2022. container imports are near record-setting.

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All Eyes Remain Focused on the Last Mile

Enterra Insights

The last mile of most traditional logistics’ journeys ended at a retail store. The exceptions were goods purchased from mail-order catalogs. Kraus, Chairman and CEO of EXPAK Logistics, explains, “One of the businesses that technology has been slowly pushing itself into is the last mile delivery business. ”[4].

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So You Want to Make the Perfect Logistics Model

Logility

Why do we build logistics models? But I ask it because modeling often takes a detour into the land of debilitating detail. And by debilitating, I mean an enormous analytical time sink — think months. I am often asking clients whether they wish to: A) Model the precise general ledger costs for logistics?

Modeling 130
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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains. the digitisation of manufacturing. What is 3PL?

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This Week in Logistics News (November 11-15, 2013)

Talking Logistics

According to Jeff Starecheski, Vice President Logistics Services at Sears Holdings, “Customer service is of paramount importance to Sears Holdings, our members and customers. The service will begin in Los Angeles and New York on November 17, with plans to expand it to Dallas, New Orleans, Houston, Phoenix, and other cities next year.