Remove Sourcing Remove Supply Chain Performance Remove Supply Chain Planning
article thumbnail

Safety Stock – Mastering Demand and Supply Chain Planning

ToolsGroup

Safety Stock: Navigating Supply Chain Volatility Through Strategic Inventory Planning Demand volatility represents a critical challenge for supply chain executives today, with safety stock emerging as a key strategic tool to mitigate market uncertainties.

article thumbnail

Probabilistic Demand Forecasting: Revolutionizing Supply Chains

ToolsGroup

At ToolsGroup, we’ve long championed probabilistic demand forecasting (also known as stochastic forecasting) as the cornerstone of effective supply chain management software. In conventional supply chain planning , planners using basic tools (typically spreadsheets or legacy systems) forecast just one number for each item.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Navigating the Numbers: Tariffs, AI, and the Future of Supply Chains with Corey DeSantis

The Logistics of Logistics

In “Navigating the Numbers: Tariffs, AI, and The Future of Supply Chains”, Joe Lynch and Corey DeSantis , BDO’s Logistics and Transportation Subject Matter Expert, discuss the evolving landscape of global trade, the transformative power of artificial intelligence, and strategies for building resilient supply chains for tomorrow.

article thumbnail

Supply Chain Efficiency: A Deep Dive into the Core Drivers

RFgen

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. Healthcare providers are leveraging efficient supply chains to ensure critical supplies reach patients when needed most.

article thumbnail

How to Optimize Fulfillment with Unified Data

Logistics Viewpoints

Optimizing fulfillment requires a series of steps to get a shipment from its source to the end customer. These steps include sourcing and receiving inventory, storing inventory, order processing, picking and packing an order, shipping the order, and returns management. The ability to meet fulfillment goals is impeded by several issues.

article thumbnail

Breaking Down Supply Chain Optimization: Turning Data Into Actionable Insights

RFgen

Ever feel like your supply chain is a tangled mess of spreadsheets, frantic phone calls, and last-minute scrambles? It’s the key to transforming your supply chain from a source of frustration into a well-oiled, profit-generating machine. You’re not alone. That’s where data analytics comes in.

article thumbnail

90-day tariff response: From crisis management to competitive advantage

Kinaxis

If you were still haven’t prepared your supply chain, now is the time to act. Rather than make a Hail Mary move, you need a strategic framework that shifts your supply chain from short-term, reactive firefighting to long-term adaptability. Enter the 30-60-90 plan for tariff response.