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Infor Nexus is Taking an Interesting Approach to Generative AI

Logistics Viewpoints

A good example is saying “What are my demurrage issues at the Port of Long Beach?” Infor Nexus’s approach is not to just give a specific answer to a specific question, but to provide the right data visual, in this example a matrix type view of several days of shipments with demurrage risk. Mr. Sorgie calls this “rich visual controls.”

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Inventory Management vs. Warehouse Management

The Logistics of Logistics

So, as an example, the IMS tracks and reports that there are 30 widgets in Warehouse A, 25 in Warehouse B, 48 in Manufacturing Plant A, and so on. The first is what may be called “soft inventory allocation,” which means as orders are placed, the system will reserve the needed quantities of inventory in each node (warehouse, etc.)

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Supply Chain Design Crosses the Chasm

Logistics Viewpoints

The supply chain nodes which were once deemed to be relatively static have become far more dynamic in the recent past. The rapid shifts to eCommerce during the pandemic caused retailers and brand owners alike to flex their network nodes (where goods are made and inventories are stocked) significantly.

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Improved Supply Chain Visibility Requires an End-to-End Solutions

Logistics Viewpoints

For example, current congestion at China ports is based on COVID restrictions on cross-province trucking stoppages and port labor COVID lock downs in China that have prevented workers from off-loading and on-boarding shipping containers. At each node – truck to port, offloading the truck at a port terminal, goods loaded on ship, etc.

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The 3 Pillars of Supply Chain Management (And Why Their Alignment Matters)

Logistics Bureau

For example: Alignment of strategy and cost leads to happy shareholders. As an example, let’s say that as a part of its customer service promise, your company guarantees its customers that they will receive their orders within 24 hours. Why does the C-suite want the three pillars aligned?

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

Talking Logistics

Performance Leaders Have Greater Real-Time Inventory Visibility Across Supply Chain Nodes. Across virtually every supply chain node, a greater percentage of Above Average Performers reported having real-time visibility of inventory compared to Average or Below Performers.

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Managing Supply Chain Disruptions in the Middle East

Locus

A prime example is how governments in the Middle East have begun to rethink food security targets after the disruptions to their food supply chains. For example: poor quality, high costs, high lead time, supplier communication. For example: high or low product demand, excess inventory holding, product distribution.