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Demand forecasting challenges – how to deal with fluctuating demand

EazyStock

Damaged customer satisfaction and reputation – if you cannot meet demand, loyal customers could turn to a competitor and not return. Harder to manage supplier lead times – if you cannot give suppliers a good forecast of your annual inventory needs, it will be harder for them to meet your delivery deadlines. Use qualitative data.

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Chinese New Year 2021: The Impact on Logistics and Your Business

ShipLilly

Of course, 2020 has also brought a global pandemic and a new set of unpredictable fluctuations, making it even more imperative that logistics leaders have contingency plans to ensure their operations continue. What is Lunar New Year 2021? When is the Lunar New Year 2021? How does Lunar New Year Impact Businesses?

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How to Select the Right KPIs for Supply Chain Benchmarking

Logistics Bureau

Of course, you can have as many other metrics as you like, but the KPIs are the ones that should form a catalyst for action. It is a practice that can help you boost performance significantly by showing you how it compares with that of your competitors and peers. How to Benchmark Your Supply Chain With KPIs.

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Digital Marketing in 2021: Social Media for Home Services

WorkWave

To harness that power in 2021, there must be a well-planned strategy that balances brand building, relationships and engagement, and performance marketing. Moving through 2021, make sure you are thinking about the full funnel and not siloing organic social vs. paid social when creating your social strategy.

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What is Supply Chain Resilience?

GlobalTranz

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the resiliency test. Of course, toilet paper and paper towels were in short supply as well. Wholesale food distributors and producers had to figure out how to sell directly to the public.

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3 Questions from Your Future Supply Chain Talent

Logistics Viewpoints

In a white paper on “ How reinventing the supply chain can transform the planner role ,” consulting firm EY cites their research that lack of the right supply chain talent is the second highest challenge to meeting supply chain goals. As semesters unfolded, students saw course syllabi come to life in news headlines.

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Benefits of Working with a Technology-Forward 3PL Fulfillment Company

Ship Monk

The change would increase the number of AMR shipments from 274K in 2021 to 452K shipments by the end of this year. . There are, of course, many types of AMRs to choose from. We’ve built a complete, end-to-end system that’s designed specifically to meet your eCommerce fulfillment needs. ”. AMRs = Better Fulfillment.