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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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How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. When my flight canceled, I was en route to the annual AMR conference in Phoenix. The model in Figure 1 became the foundational model for the Gartner S&OP model.

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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

In its simplest form, fourth-party logistics is a model in which manufacturers hand over the entirety of the organisation and oversight of their supply chain to a 4PL provider. Because they are focused on ironing out weaknesses in the supply chain, a 4PL partner can help minimise costs by finding the best solutions for the lowest price.

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All Eyes Remain Focused on the Last Mile

Enterra Insights

The exceptions were goods purchased from mail-order catalogs. Andrew Chung, CEO of Innovo Property Group, explains, “[The] explosive growth of online purchasing and competition among online retailers has resulted in a race to reach consumers. miles in Phoenix.”[4]. The answer is getting the last mile right.”[2].

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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?

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Podcast: Marcia Williams on Supply Chain Optimization and Digital Transformation

Requis

Today, as the founder and managing partner of USM Supply Chain Consultants she has put her expertise in supply chain, procurement, finance and project management to work to help her clients achieve greater profitability. In the end-to-end supply chain there’s procurement, logistics, operations, and warehousing.

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Top 2016 Supply Chain Strategy Posts from the Supply Chain Link Blog

Arkieva

After a couple of quick questions about the product that she had purchased, it was obvious to me that the product itself had the right features. 10 Warehouse Productivity Tips for Reducing Downtime Today! It is important to constantly implement ways to optimize the processes and improve the operational effectiveness of the warehouse.