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The Counter to Constant Supply Chain Volatility Is Pervasive Visibility and Industry Collaboration

Logistics Viewpoints

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. He founded FourKites in 2014 after recognizing pain points in the logistics industry and designing elegant and effective systems to address them. And what is sitting in the warehouse. And at the cross-dock.

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Editor’s Choice: 8 Supply Chain Planning Challenges Retailers Will Face In 2022 And Tips To Overcome Them

Logistics Viewpoints

The ongoing chip crisis since last year affecting 100+ industries is the best example: supply couldn’t meet the increased demand, which led to rising prices and shortages in computers, cars, and pretty much any other electronics product with chips. this experience has changed how we dress and exercise.

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Inventory Management in Service Logistics Industry

Talking Logistics

Not really because each industry is different, and so are organizations within the same industry and even different divisions within the same organization have their own unique drivers and constraints. Hence following so-called industry trends may not always yield targeted results. What does it mean for inventory?

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3 Ways to Benchmark to Boost Supply Chain Performance

Logistics Bureau

If you’ve never done a benchmarking exercise before, read on. If, for example, you are concerned about the pick rates in your warehouse, or your transport costs, or your inventory accuracy, benchmarking can help you because it can show you exactly where your performance is compared to others in your industry.

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Ambitious Growth Plans? Your Customers Will Right-Size You

The Lean Thinker

He is reflecting his experience in varied industries that if a company grows beyond its ability to deliver quality product, on time, then order volume will drop until it reaches a point that performance returns. Then ask “What is our plan to close this gap?” – and run the same exercise on executing that plan.

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Top courses to upskill manufacturers

SYSPRO Smarter ERP

Investing in an ERP system and other business systems is an expensive exercise and by not investing resources into training and education, manufacturers will not get the full return on investment. Industries need to continuously bridge the skills gap whilst retaining their current workforce. Industry 4.0 Manufacturing.

Course 105
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Build Resilience in Volatile Freight Environments

FreightWaves SONAR

The key is to take a more long-term and targeted approach to pricing. We have come through several years of extremes in the transportation industry. From a shipper’s perspective, transportation is a cost center, and the exercise of sourcing trucking capacity is not much different than that of procuring raw materials for production.