article thumbnail

Gain a Leading Edge in Inventory Management through Digital Transformation

DELMIA Quintiq

Not only does this phenomenon illuminate the pressing need to build resilience into existing supply chains to withstand global changes and challenges, but also the need to invest more in warehouse automation. Types of inventory that can be optimized.

article thumbnail

Just-in-Time vs. Just-in-Case Procurement During Supply Chain Disruption

Ware2Go

Experiencing the negative effects of overextended supply chains and lean manufacturing, merchants are looking to forge a balance between JIT and JIC purchasing models that reduces risk and maintains profit margins. What is just-in-time procurement? What is just-in-case procurement? What Are the Pros and Cons of JIC Procurement?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Profitably Delivering eCommerce with Consumer-Centric Priorities

Logistics Viewpoints

Because warehousing and transportation represent significant cost centers, intelligent logistics decisions are critical. Uberization: Exploring On-Demand Transportation, Labor and Warehousing. then secure on-demand transportation, warehousing and labor assets dynamically, re-planning flexibly as conditions change.

article thumbnail

Modeling Supply Chains with “Digital Twins”

ToolsGroup

There has been a lot of discussion around this topic lately and I wanted to offer a few insights, including around the importance of the data model in high-quality decision making using digital twins. These are virtual counterparts to the physical world that model a product’s uniqueness and its lifecycle.

Modeling 168
article thumbnail

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. AI models have grown tenfold, representing a step-change in AI capabilities, creating new use cases across the supply chain.

article thumbnail

Choosing the right type of supply chain model

Taulia

A more efficient supply chain reduces the cost of procurement, manufacturing, transportation, and other business operations, resulting in higher margins. This is the fundamental process through which they decide which supply chain model is right for them. Fast chain Speed and agility are prioritized in the fast chain model.

article thumbnail

Mastering Profitable Omni-Channel Logistics, Despite Disruptions

Logistics Viewpoints

According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components. As disruptive events occur along the digital thread, the entire organization can act in a fluid, connected manner to optimize costs, service levels and other outcomes.