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Order Visibility Is Critical Amid Low Inventories

Logistics Viewpoints

But shippers looking to avoid disruptions and ensure that tight inventory levels don’t lead to missed sales opportunities pulled their orders forward. As companies look ahead to the next three to six months, they’re weighing costs, risks, and demand as they plan and adapt their inventory strategies.

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Managing inventory with ERP amid disruptions

SYSPRO Smarter ERP

In today’s business world, the success of a firm depends not only on its sales but also on the ability to manage its supply network and ensure it has the inventory it needs to deliver customer orders. However, these business models have led to unintended consequences, such as not getting inventory when it is needed.

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Inventory Optimisation: How Much Stock is Right for Your Company?

Logistics Bureau

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

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Amul’s Optimized Supply Chain: Driving Global Growth in the Dairy Industry

Logistics Viewpoints

Milk Processing : After collection, milk is transported to regional processing plants, where it is pasteurized and packaged. Amul has established a robust network of chilling centers and processing facilities. This extensive network ensures that products reach consumers efficiently.

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2021 Strategies for Inventory Management and Supply Chain Recovery

EazyStock

Did you have frequent stock-outs after adjusting your forecast? Optimize Inventory. Start with a detailed overview of what inventory is currently in your supply chain. Next comes crafting an inventory management plan to mitigate your greatest risks. How were your suppliers affected? Digitalization.

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How to Avoid Stockouts with Better Inventory Management

EazyStock

Many inventory management teams are looking for ways to avoid stockouts, as they can cause problems across the entire organization. However, there are steps you can take to improve your inventory management processes and be better prepared to prevent regular stock availability crises in your business. After all, nobody likes surprises!

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Omnichannel Retailers Leverage Optimization for Order-Promising

Logistics Viewpoints

Historically, an OOM has access to all the company’s inventory. The system allocated which orders would get inventory from a given location to fulfill an order. These more advanced solutions leverage network inventory visibility and demand forecasting models and constraint logic. Rules were used to make these decisions.