article thumbnail

6 Supply Chain Trends That Could Truly Shake You Up (2018 Update)

Logistics Bureau

Trend identification is a tricky business. Supply chain trends make it yet more complex because they represent the intersections of so many different domains. What is a supply chain trend-spotter to do? A Different Perspective on Business Trends and Supply Chains. What Happened to These Trends? A 2018 Update.

article thumbnail

Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis

Log-hub

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. The ABCD Analysis entails categorizing products based on their net sales and subsequently measuring the inventory value for each category.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis

Log-hub

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. The ABCD Analysis entails categorizing products based on their net sales and subsequently measuring the inventory value for each category.

article thumbnail

Supply chain trends to watch out for in 2023

Logistics Business Magazine

While it’s imperative to focus on budgets and business initiatives that will take precedence over the next year, it’s just as important to keep an eye on the big-picture trends that are shaping the industry. o9 Solutions’ supply chain experts and leaders are sharing their insights on the trends that could become prevalent in 2023 and beyond.

article thumbnail

Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis

Log-hub

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. The ABCD Analysis entails categorizing products based on their net sales and subsequently measuring the inventory value for each category.

article thumbnail

How AI Helps Build the Supply Chain that Thinks for Itself

Logistics Bureau

Their answer has been to apply cost reduction and lean practices. This frees up their human counterparts for work that AI cannot do, such as creating a new supply chain strategy. Create a knowledge base that new workers can access, and based on the knowhow of older workers, as in the Campbell Soup Company example.