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The Inventory Accuracy “Confidence Gap”

Talking Logistics

In fact, two-thirds of the companies we surveyed characterized their omni-channel fulfillment performance (relative to peers in their industry) as average or below, with 30 percent characterizing it as below average. That said, as we further evaluate the data we find even Above Average Performers have significant room for improvement.

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Omni-Channel Logistics Leaders: The Importance of Real-Time Inventory Visibility

Talking Logistics

In fact, two-thirds of the companies surveyed characterized their omni-channel fulfillment performance (relative to peers in their industry) as average or below, with 30 percent characterizing it as below average. Performance Leaders Have Greater Real-Time Inventory Visibility Across Supply Chain Nodes.

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Getting Started with AI in Supply Chain

Logistics Viewpoints

Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supply chain and your data. Planners are buried in tedious tasks using legacy, fragmented technology, which 48% say doesn’t help them do their job effectively, according to a survey by the boom! Global Network.

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What is the Hyperconnected Era & “The Internet Of Things” and What does it Have to Do with Manufacturing & Logistics?

GlobalTranz

Chips attached to individual items will transmit data such as identification, location, temperature, pressure, and humidity. Not only that, they will also be able to transmit traffic conditions and drive-specific data, such as average speed and driving patterns back to the central office. ” But first, let’s back up a bit.

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Omnichannel is Trending Toward Multi-Site Distribution

247 Customs Broker

We recently surveyed manufacturers, retailers, and ecommerce companies about order fulfillment and distribution. Their responses revealed several emerging trends. Trend toward multiple DCs. Trend toward multiple DCs. A major change in order fulfillment may be looming, the survey suggests. percent to 49.4

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The Future of Retail Distribution

247 Customs Broker

Fast-forward to 2018 and retailers are using a combination of store, vendor-based and DC fulfillment—all of which come together to create one big, multi-node facility. Eric Peters , CEO at SensorThink in Los Gatos, California, sees this trend developing over the next three years to four years.

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How Supply Chain Orchestration Can Help Prevent Drug Shortages

Logistics Viewpoints

Synchronizing people, processes, and data is core to concurrency, so that the supply chain can be rebalanced to affect what is happening, with the impact of any change being immediately reflected across the entire network at once. Supply chain orchestration means the various nodes can plan together instead of sequentially.