Remove Customer Service Remove Inventory Remove Sourcing
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Say Customer Service and Mean It

Supply Chain Shaman

Without a kitchen, I depended on the drive-thru services of outlets like Starbucks and McDonalds. Starbucks redesigned their cups for the Grande product, and the flimsy cups were a source of constant spills and burns. Customer Service Failure. I now go to the local coffee shop. The answer?

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Safety Stock – Mastering Demand and Supply Chain Planning

ToolsGroup

Safety Stock: Navigating Supply Chain Volatility Through Strategic Inventory Planning Demand volatility represents a critical challenge for supply chain executives today, with safety stock emerging as a key strategic tool to mitigate market uncertainties. Forecast Inaccuracy Strategically offsets errors in predicting future demand.

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FMCG Stock Shrinkage: Where are you leaking cash?

Enchange Supply Chain Consultancy

All these and more inevitably lead to missing stock, extra cost and ultimately, poor Customer Service. If you and your systems think stock is available and you provide a promise to factories or customers then finding (or not finding) the required materialsk will not le ad to a 'Happy Bunny' situation.

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Decentralizing Supply Chains: How Regional Models Drive Resilience and Flexibility

Logistics Viewpoints

Companies that previously prioritized cost-cutting and centralized sourcing quickly found themselves exposed to serious production and distribution risks. In response, many organizations have shifted toward decentralized and regionalized supply chain models, distributing production and sourcing across multiple regions.

Modeling 163
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Elevating Inventory Management with Multi-Echelon Inventory Optimization

Logility

In this dynamic environment, businesses must meet rising customer service expectations while driving innovation and growth. This urges a shift from the unsustainable practice of buffering against uncertainty with high inventory levels. Enter Inventory Optimization (IO) as a vital strategy to combat supply chain stress.

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Segmenting Your Inventory by Gross Margin and Demand Variability

ToolsGroup

Source: Gartner Research. Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments. Traditional ABC inventory models segment inventory into A, B and C categories based on annual consumption value.

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Optimizing Supply Chains Has Never Been More Important

Enterra Insights

They write, “This includes tackling bigger issues such as compliance, supplier relationship management, risk and disruption, responsible sourcing, and transparency. IoT devices track inventory in real time, providing valuable insights into stock movement, reducing waste, and ensuring products are available when needed.”