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The New Definition of Supply Chain Agility and Resilience in an Unpredictable World

Logistics Viewpoints

The definition of agility and resilience will continue to evolve. The creation of a new digital ecosystem has enabled these and other changes that will shape the definition of supply chain agility and resilience in the 2020s and beyond. A Positive Example. There are Also Commercial Reasons. The Road to Agility and Resilience.

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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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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. For example, the curing process can take a couple of days. causing their deflation. ” The result?

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Top Takeaways from Coupa Inspire

Logistics Viewpoints

The supply chain design solution, for example, continues to grow in depth and usability. An example of this electronically automated process flow would be a buyer asking a supplier if they can provide 1,000 widgets on January 10 th , the seller replies “we can do 950 on July 11 th , is that OK?” Coupa meets this definition.

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A Better Way to Think About Integrated Planning

Logistics Viewpoints

Definitions of agility, resilience, visibility, and end-to-end collaboration are all very much tied together. For example, if a company had built up safety stock, and the inbound supply of components needed to make a product is disrupted, the company can still respond to customer demand without breaking a sweat.

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Exploring the Divergence of Warehousing: Bridging the Gap Between Physical and Digital Realms

Logistics at MPEPS at UPV

One such example is the concept of warehousing, which, despite having a shared fundamental definition of a place to store goods, takes on nuanced interpretations within different contexts. The primary objective is to feed machine learning algorithms, suggestion protocols, data visualization, and sales estimation models.

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Advanced analytics meets social good: how Angel Flight West optimizes flight routes for families in need

AIMMS

There are many great examples where advanced analytics have contributed to social good. North Star Alliance , for instance, uses optimization to find optimal locations for its mobile HIV-AIDS clinics in Africa. Another case that is relevant to our current optimization project is flying children to special needs camps.