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Demand forecasting challenges – how to deal with fluctuating demand

EazyStock

How to overcome demand forecasting challenges. For example, up-to-date information from your staff, customers, and, of course, industry bodies. They also go out of date the minute they are created, so if supplier lead times continuously fluctuate, updating the document can become a full-time job. Use qualitative data.

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LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans

GlobalTranz

For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.

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Know the Kinds of Modes of Transportation

20Cube Logistics

As a supplier, you are eager to send your consignment, but have no idea how to go about it. Of course, the best mode to transportation is necessary, but the other factors that have to be taken into consideration are: The total cost. Less documentation. Shipper can use 3PL services to handle multi-modal under one document.

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Top 6 Supply Chain KPIs: Keep Your Dashboards Simple

Logistics Bureau

Accurate documentation: This metric tracks the percentage of sales orders accompanied by accurate documents throughout the process. Documents included in the metric can vary but usually include advance shipment notifications (ASNs), labels, and invoices. How to Calculate Inventory Days of Supply. x 0.96 = 0.8661.

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No Supply Chain Strategy? Here’s How to Develop One

Logistics Bureau

As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy. Collaborative planning, forecasting, and replenishment (CPFR). Vendor-managed inventory or replenishment. How to Prioritise New Supply Chain Capabilities.

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Making ‘self-reliance’ meaningful – preparing the military to operate alone

Logistics in War

It is, of course, prudent to be as self-reliant as practicable. It may be a time to seriously question what full or partial industrial mobilisation might entail for the nation – or more importantly how to actually do it. Naturally, even more effort should be applied towards improving interoperability.

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LCL transports – The Flexible Alternative for Small Quantities of Goods

Forto

How to optimise your cash flow with clever, flexible transport solutions. 3 Challenges in LCL Transport, and How to Solve Them. The key to fast and smooth processing is correct freight documents. What are the reasons for relying on a partial load instead of a whole container?