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Mastering Demand Planning: Best Practices and Tools for an Efficient Supply Chain

10xLogistics

I am continuing my series on simple definitions and thoughts in Supply Chain Management. Demand planning is a critical component of supply chain management that predicts customer demand to optimize inventory, ensure on-time deliveries, and manage production schedules efficiently. And why it is so underused I will never understand.

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Transportation cost analysis: Going beyond benchmarking for improved carrier pricing

FreightWaves SONAR

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.

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Analysis: Why Upcoming ILWU Contract Negotiations are Making Importers Uneasy

MTS Logistics

When it comes to the efficiency of handling cargo, U.S. For example, for a small container ship between 0 and 4,000 TEUs, the unloading and loading time is three times higher than the most-efficient port. So, there is definitely a valid reason why the ILWU is resisting so much against automation over the last two decades.

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Predictive analysis: How it improves supply chain visibility

20Cube Logistics

Predictive analysis, today is part of all major business operations and processes to help forecast trends, events and to find solutions for complexities. According to Forbes, predictive analysis is mandatory in logistics as it relies heavily on accuracy and timeliness to achieve success. The supply chain market is set to grow from 4.56

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The Most Important and Most Misunderstood Concept in Business - Opportunity Cost

10xLogistics

If you assume that is true then where is the analysis of what the dollar or minute could be doing? If they cannot answer that question, then they have not done good project analysis and they are not allocating scarce resources efficiently. The concept of NPV (Net Present Value) tries to get at this.

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The Global Warehouse Automation Market is “En Fuego”

Logistics Viewpoints

My research process at ARC includes the review and analysis of publicly available information, as well as interviews with corporate executives and market participants to obtain additional “color”. So I expect Daifuku’s warehouse automation business, by ARC’s definition, grew within a reasonable range of 20%. percent to 3.79

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Ocean Freight Contract Season: An Overview and Key Components

MTS Logistics

” He then added, “Right now, it’s definitely not the preferred option.” Shippers may efficiently navigate the crucial negotiation period and get favorable terms and costs for shipping products over the seas by grasping the essential components of ocean freight contracts and utilizing strategic negotiation strategies.