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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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Pneumatic Tires [Definition, Pros/Cons, Applications, Costs]

Conger

A Toyota diesel forklift with pneumatic tires Let’s start with a pneumatic tire definition. Depending on the forklift model, you can choose non-marking treads for pneumatic, solid pneumatic, or cushion tires. But pneumatic tires are also commonly found on different types of industrial equipment, like forklifts and aerial lifts.

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6 Inventory Control Techniques for Stock Optimization

EazyStock

Inventory Control Techniques that use Stock Optimization Best Practices. So we thought we’d focus on the lesser known topic of ‘stock optimization’ – this is an inventory control technique that’s becoming more popular with inventory managers to improve the efficiency of their supply chain. What is stock optimization?

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Top Takeaways from Coupa Inspire

Logistics Viewpoints

The cloud also allows access to Big Data, which greatly improves the platform’s ability to do machine learning. What seems to be meant by many vendors is that their solution is a platform because they offer development tools that allow their customers or partners can use to build extensions to their solutions.

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How AI and Machine Learning Changed Procurement Management

CLX Logistics

From optimizing operational efficiency to maximizing cost savings, organizations must navigate a complex landscape of competing priorities and evolving market dynamics. Organizations leverage AI-powered tools to automate routine tasks, extract actionable insights from large datasets, and optimize real-time procurement strategies.

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What is Fleet Management | A Complete Overview Guide

Conger

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. The software centralizes data, provides real-time information, and automates tasks.

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Math4Good – From Idea to a Growing Solution Store (First Aid Kit) for Non-Profits

AIMMS

North Star Alliance , for instance, uses optimization to find optimal locations for its mobile HIV-AIDS clinics in Africa. Most recently, we encountered Angel Flight West , a non-profit organization that is using AIMMS to optimize flight routes for families in need. I gave them the parameters and data.