Let's Talk Supply Chain

MARCH 8, 2024

Lisa is an experienced Supply Chain Executive, with a wealth of experience in global supply chain operations and reverse logistics management. That’s why this award is so important to Food Logistics and Supply & Demand Chain Executives. 23.51] From demand planning and inventory to AI, the trends to look out for in 2024.

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Let's Talk Supply Chain

MAY 17, 2023

Logistics Complexity and the Strategic Moves Companies Are Making to Reduce It The last mile is typically the costliest and most complicated leg of a supply chain, accounting for, on average, 53% of overall shipping costs. Visibility in the delivery process gives logistics companies more control over their last-mile operations.

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EazyStock

JANUARY 17, 2022

Digital transformation of supply chains will provide the flexibility to adapt inventory management plans and respond to market changes or short-term supply chain disruptions. Improving Demand Forecasting and Demand Planning. Therefore, simply using historical data to predict future demand will be very tricky.

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Procurement Tactics

MARCH 27, 2023

Supply chain forecasting refers to the process of predicting demand by looking at past and present information to help businesses make decisions about their plan, budget, and stock inventory. Having too little in stock means running out at unfortunate times when the demand is high, causing your buyers to buy elsewhere.

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Let's Talk Supply Chain

APRIL 10, 2023

Today I’m joined by Renewal Logistics , a high-volume, high-throughput, collaborative and sustainability-focused woman-owned logistics company. IN THIS EPISODE WE DISCUSS: [08.01] Courtney’s background, how her husband’s family dry cleaning business led her to co-found Renewal logistics and an overview of the company’s growth. “As

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Supply Chain Game Changer

JULY 28, 2021

If you love engineering, you could work on solution design with a third-party logistics company. Moreover, they are valuable things to add to your resume, which may make a difference; you can get certifications for purchasing manager, production and inventory management, and many more. Knowledge of Logistics and Transportation.

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Supply Chain Game Changer

NOVEMBER 23, 2018

Check out What Exactly Is Reverse Logistics? The application of advanced forecasting and planning methodologies improve inventory management in a critical, high-volume repair business, dramatically reducing costs and fulfillment cycles while improving customer satisfaction. Subscribe Here! Email Address. The Challenges.

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SCMDOJO

JUNE 21, 2023

This approach allows businesses to focus on their core competencies while leaving the logistics to experts who can optimize the process for efficiency and cost-effectiveness. This partnership improves inventory management, particularly for medicines with limited shelf life, utilizing dedicated storage facilities.

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Supply Chain Game Changer

JULY 30, 2019

What’s the Difference Between Logistics and Distribution? In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. What is Logistics Management? Email Address. Subscribe to Supply Chain Game Changer.

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IBM Supply Chain Blog

FEBRUARY 19, 2024

Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics. Advanced software tools can automate some parts of forecasting, providing real-time updates and alerts when inventory levels are too high or low.

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World of Procurement blog

APRIL 23, 2024

Supply Chain Lifecycle The supply chain lifecycle consists of several key phases: Planning : This involves the demand planning, supply planning, and overall business strategy. Delivering : Also known as logistics, this phase involves transportation, warehousing, and delivery to customers.

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World of Procurement blog

APRIL 23, 2024

Supply Chain Lifecycle The supply chain lifecycle consists of several key phases: Planning : This involves the demand planning, supply planning, and overall business strategy. Delivering : Also known as logistics, this phase involves transportation, warehousing, and delivery to customers.

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Supply Chain Game Changer

NOVEMBER 3, 2022

This information can help companies manage inventory levels and improve customer service and engagement. Demand Planning. Demand planning involves finding where you’ll get your items, how much you need to order, and when to call them. As a result, you can avoid product spoilage and not waste company resources.

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Supply Chain Game Changer

JANUARY 19, 2022

The supply chain is a significant part of your overall business strategy and inventory management. An effective and efficient supply chain can help your business improve customer satisfaction and money by minimizing wait times for in-demand products. Use Demand Planning. Improve Your Supplier Relationships. Reliability.

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EazyStock

NOVEMBER 17, 2022

The extended sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel.

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EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. Inventory, POS, shipping, web shops, and accounting software must be able to keep up to avoid lost revenue. Tips for inventory planning during Black Friday.

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EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. Inventory, POS, shipping, web shops, and accounting software must be able to keep up to avoid lost revenue. Tips for inventory planning during Black Friday.

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SCMDOJO

NOVEMBER 17, 2023

Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. Practical Guides like Plan for Every Part (PFEP) , Demand Forecasting Methods or Stocktaking Procedure. Eight core competencies stand out, encompassing crucial aspects of SCM.

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SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

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Let's Talk Supply Chain

JANUARY 1, 2024

21.48] A closer look at RELEX’s demand planning software, and how it’s creating impactful results for clients. Our solution uses machine learning and AI to understand all aspects of customer demand… which allows us to achieve 99% forecast accuracy and up to 85% reduction in stock-outs.” Check out our other podcasts HERE.

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Solvoyo

FEBRUARY 27, 2020

For retailers, customer-centric inventory management is the key to maximizing sales potential. According to CBInsights research, funding to supply chain & logistics tech continued to rise. We believe that AI and Machine-learning are quickly becoming differentiating capabilities for Demand Planning and Replenishment solutions.

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Solvoyo

FEBRUARY 27, 2020

For retailers, customer-centric inventory management is the key to maximizing sales potential. According to CBInsights research, funding to supply chain & logistics tech continued to rise. We believe that AI and Machine-learning are quickly becoming differentiating capabilities for Demand Planning and Replenishment solutions.

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Supply Chain Game Changer

JULY 21, 2021

Measuring OTIF can tell you just how efficient your logistics process is which directly impacts how quickly customers end up receiving their products. Inventory Turnover (Cash). Knowing Inventory Turnover can help a company evaluate the efficiency of not just your inventory management but also how well your products are selling.

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Supply Chain Game Changer

NOVEMBER 8, 2018

Check out World Class Inventory Turnover Breakthrough Elements! One major area that many retailers struggle with is real-time inventory management. Some other causes include underestimating customer demand, lack of employee training or a supplier not fulfilling expectations or theft. Subscribe Here! Email Address. Infographic).

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Supply Chain Game Changer

OCTOBER 28, 2020

With the increased prominence of Supply Chain, Logistics and Procurement within organizations, is compensation increasing? Anecdotally, this is a bit lower in Canada, except for particular functions with very strong starting compensation like Demand Planning. What’s the monetary value of advanced certifications and degrees?

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Supply Chain Game Changer

JUNE 11, 2019

SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products.

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Supply Chain Game Changer

NOVEMBER 13, 2018

Check out What Exactly Is Reverse Logistics? Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. This includes product design, planning, execution, monitoring and control.

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Supply Chain Game Changer

JULY 28, 2020

Every source of materials and components, every manufacturing facility, every warehouse and distribution channel, and every logistics mechanism is duplicated. Outsourcing should not only include manufacturing, distribution and logistics but services as well. Strategic inventory management should also be given great consideration.

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Let's Talk Supply Chain

JUNE 15, 2023

Consider how well the last-mile delivery technology can integrate with your existing systems, such as order management, inventory management, and customer relationship management (CRM) platforms. Integration capabilities: Can your last-mile delivery technology effortlessly sync up with your existing systems? Click here!

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SCMDOJO

APRIL 4, 2023

This means tracking everything from customer relations to inventory management, financial investments, transportation and delivery processes, and workflow processes. By having a bird’s eye view of the entire process, companies can quickly adapt to sudden changes in demand and find new ways to optimize their operations.

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SCMDOJO

JULY 13, 2022

How To Create A Logistics Resume – Tips & Example. Jobsinlogistics.com is the first and largest online logistics job board specializing in career opportunities in logistics, supply chain, distribution, transportation, warehousing, freight forwarding, manufacturing, purchasing, and inventory management. Naukri Gulf.

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The Good Spending

AUGUST 16, 2022

Other peers around the company overlap with us in their functions - Technology tends to manage suppliers , Finance owns the demand planning and budgeting, and Sales and Marketing monopolize the end-customer value chain. Shadow procurement, supply chain, and logistics have become standard for many companies.

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Supply Chain Game Changer

JULY 31, 2019

Procurement – the effective purchasing of raw materials, back-office goods and professional services – as well as Logistics – the orchestration of the movement of those goods – might not seem to be as important as sales, marketing, R&D or finance at first blush. what sort of 3 rd party logistics solution will you look to leverage?),

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Supply Chain Game Changer

FEBRUARY 19, 2019

Aside from the demand planning, customer order management, and supplier order management activities associated with Fulfillment most people traditionally think of Fulfillment in the context of the Warehouse or Distribution Centre. fulfillment #supplychainmanagement #warehousing #distribution #logistics #supplychain. Fulfillment.

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Let's Talk Supply Chain

JULY 6, 2023

This tale suggested that logistics service providers were severely outdated, and lacking in digitization and transparency. This provocative storyline attracted substantial funding, unfortunately often directed towards founder groups with scant logistics understanding. However, this narrative is fundamentally flawed.

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IBM Supply Chain Blog

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity.

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Supply Chain Game Changer

OCTOBER 1, 2019

Inventory was moved into, and out of, warehouse shelves using manual recording tools. Inventory levels were audited with physical counts manually entered into systems. Visibility to where goods were was largely limited to updates that came over the phone. But you must prepare your business to adapt to a Digital Supply Chain world!

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