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Mars Wrigley’s Highly Successful Supply Chain Digital Transformation

Logistics Viewpoints

Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning. Aera refers to these algorithms as Aera Skills.

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The $30 Billion Secret: How Amazon’s Logistics Saves You Time & Money

SCMDOJO

This system uses giant warehouses, lots of trucks, and even cool robots to move things quickly. We’ll look at their warehouses, their delivery tricks, and even how they use new technology to make things faster. billion (net profit) Profit by Region/Country: North America is a major market, followed by Europe and Asia.

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Honey, I Shrunk the Merchandise! How Missing Merchandise Hurts Retailers

BlueYonder

Retail theft, including organized retail crime, has been very prevalent in the news lately and “shrink” (a term that refers to merchandise that goes missing due to theft, fraud, damage, and other reasons) has been a significant topic for many retailers reporting their earnings. The group said retailers on average saw a 26.5%

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This Week in Supply Chain Management Tech July 14 2022

Supply Chain Matters

battery production site for Panasonic, and completion of Series D funding round for on demand warehousing provider Flex e. The announcement comes five years after Panasonic Group began production of lithium-ion batteries at Panasonic Energy of North America (PENA) , referred to as Tesla’s Gigafactory , in Sparks, Nevada.

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Inventory Management Strategies of 7 Successful Firms

Unleashed

The five key steps of Lean Six Sigma are define, measure, analyse, improve and control – usually referred to as DMAIC. VMI works well for Amazon’s inventory because it puts the responsibility on the supplier to maintain the right inventory levels in Amazon’s warehouse.

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Here’s Why Supply Chain Convergence is the Future of Ecommerce

ShipBob

It can happen simply due to ineffective planning, risk management, warehouse use, or sourcing strategies. Supply chain convergence refers to the process of integrating all aspects of a supply chain into a unified system. The thing is, it doesn’t necessarily take a global pandemic for supply chain operations to falter.

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The Hidden Costs of Ghost Inventory: What You Need to Know

ShipBob

Ghost inventory refers to missing, stolen, lost, obsolete, or damaged assets that have not been accounted for in your asset register. Even though the items are not physically present in your storage space or warehouse, the digital records show that it’s “in stock” or on hand. What is ghost inventory?