There’s nothing in the lean and just-in-time supply chain methodologies that recommend keeping a bare minimum of parts on hand. In fact, they preach the opposite.
Along with the passing of supply “chains” in favor of supply “networks,” statistical forecasting is passing in favor of more advanced cognitive technology.
The helter-skelter playing out on U.S. factory floors from labor and supply shortages, transportation bottlenecks and the coronavirus looks likely to persist into the second half of the year.
From combatting supply chain disruptions and creating new omnichannel fulfillment strategies to benefitting from the evolution of 3PLs, 4PLs, and cutting-edge technology, 2022 could be one of the most important years ever for businesses looking to play a pivotal role in how consumers receive goods.
Over the last couple of years, the relationship between warehouses and end consumers has drastically changed due to the increase in online shopping. As a result, visibility into what’s going on inside the warehouse — where, when and how — is more critical than ever.
Want to know how a global multibillion-dollar corporation increased their demand visibility by 60% with near real-time data harmonized from myriad sources? Read on.
Read Make Your Supply Chain Resilient for the Post-COVID Future now to help your CPG enterprise strengthen your supply chain for the turbulent present and volatile future.
U.S. economic growth accelerated by more than forecast in the fourth quarter, fueled by the rebuilding of inventories and capping the strongest year since the 1980s.
The latest news, analysis, trends and solutions regarding inventory planning and optimization and its impact on supply chain management. New technologies in inventory planning and optimization are transforming the way companies operate - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using inventory planning solutions for supply chain optimization.
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