Mon.Oct 14, 2024

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Spare Parts to Profits: Strategic Inventory Mastery

ToolsGroup

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Spare parts supply chains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively. Service level plays a pivotal role in the aftermarket industry, directly impacting customer satisfaction and loyalty.

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Autonomous Business Planning Is Not Only Possible, It Has Already Been Achieved

Logistics Viewpoints

During my current supply chain planning market research, I have received briefings from several SCP companies. All are investing in artificial intelligence. Many say that they are using generative AI, a type of AI that can create new content and ideas, as part of their journey toward autonomous planning. Autonomous planning is a type of planning that takes humans out of the planning loop.

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A Thing of Beauty: How Belcorp Mastered Its Supply Chain Complexity with Advanced Multi-echelon Inventory Optimization and Planning Digital Solution

ToolsGroup

At ToolsGroup, we provide cutting-edge AI and machine learning solutions to enhance supply chain resiliency and efficiency. In this article, I’ll discuss a case study which involved our customer Belcorp, a Latin American direct-sales beauty corporation. This article will examine the challenges Belcorp faced with managing its extensive product range and complex supply chain and how our solution set, which includes Service Optimizer 99+ (SO99+), Demand Planning, and the Multi-Echelon Inventory Opt

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Why Are Supply Chains a C-Level Problem?

AIMMS

Supply chain optimization is now a strategic priority that directly affects profit, competitiveness, resilience and long-term sustainability.

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4 Ways To Drive Supply Chain Excellence in the Food Industry

The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.

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Retailers Beware: Returns Fraud on the Rise As Criminals Get More Creative

BlueYonder

Returns already have a significant impact on retailers’ bottom line. National Retail Federation (NRF) data reveals that for every $1 billion in sales, retailers incur an average of $145 million in merchandise returns. To make matters worse, returns fraud is also on the rise. Last year, 13.7% of retail returns were fraudulent, up from 10.4% in 2022, costing retailers $101.91 billion in 2023 alone.

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Plans Are Nothing, Planning Is Everything — Are You Prepared to Compete in Any Environment?

Supply Chain Brain

The COVID-19 years showed us that the worldwide supply chain was unprepared for the global disruption that defined 2020 and beyond. Recovery was a challenge for most, as they scrambled to address old problems alongside a host of new ones.

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The Role of Cyber Security in Building Supply Chain Resilience & Efficiency

IT Supply Chain

By Lorri Janssen-Anessi (pictured) Director of External Cyber Assessments, BlueVoyant The post The Role of Cyber Security in Building Supply Chain Resilience & Efficiency appeared first on IT Supply Chain.

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Navigating the Complex World of Logistics: Strategies for Success

My Office Apps

Navigating the Complex World of Logistics: Strategies for Success The effectiveness of your logistics can mean the difference between skyrocketing profits and lost opportunities in a world where everything is connected more and more. Effective logistics management is crucial for businesses looking to streamline operations, reduce costs, and enhance customer satisfaction.

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Visualizing Data in Amazon Neptune: Tools and Techniques for Gremlin Users

IT Supply Chain

By Claire Lloyd (pictured) Content Writer The post Visualizing Data in Amazon Neptune: Tools and Techniques for Gremlin Users appeared first on IT Supply Chain.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Tackling Child Labor in Global Supply Chains

All Things Supply Chain

Imagine walking into your local supermarket and picking up a bar of chocolate or a new smartphone without a second thought.

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How Do Concrete Barriers and Guardrails Differ in Design and Effectiveness?

IT Supply Chain

By John Hampton (pictured) Content Writer The post How Do Concrete Barriers and Guardrails Differ in Design and Effectiveness? appeared first on IT Supply Chain.

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From Tricks to Treats! Halloween Insights for Supply Chain Planning Success

John Galt

Spooky season is here! Let’s look deep into Halloween traditions to uncover valuable lessons for strategic decisions in supply chain planning.

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Real-Life Lessons from Kongsberg Maritime and Boston Beer: Tackling Category Complexity

Jaggaer

Does today’s rise in category complexity increase the delays, complications, and headaches in your procurement operations? Complexity has become a significant concern in the world of procurement. Yet instead of eroding profits and monopolizing your time, complexity in the categories can be addressed effectively when you have the right strategies in place.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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Supply Chain News on Top Issues for the Trucking Sector for 2024 from ATRI

Supply Chain Digest

The Economy, Lack of Parking again Top the List

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How SnapData Enhances Reporting Capabilities & Boosts Decision-Making

SnapFulfil

Staying ahead of the competition requires not just hard work but smart, data-driven decisions. For logistics and warehouse management, accurate, real-time insights are critical to ensuring that operations run smoothly. This is where SnapData, a powerful analytics and reporting solution from SnapFulfil, steps in. By leveraging advanced data visualization, consolidation, and customizable Key Performance Indicators (KPIs), SnapData transforms raw data into actionable insights, empowering businesses

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Five Things You Need to Consider Before Pinning Your Industrial Space to the Ground

Supply Chain Brain

After a period of overcapacity, demand for industrial space, including warehouses and manufacturing facilities, is growing, and lease rates are rising as a result. Companies therefore need to be more careful than ever as they weigh a variety of factors when considering distribution network design and investment.

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Crucial Role of Route Optimization Software in Business Success

Loginext

Route optimization software is transforming logistics by improving delivery efficiency, cutting fuel costs, and enhancing customer satisfaction. Learn how businesses can thrive with smarter route planning solutions. The post Crucial Role of Route Optimization Software in Business Success appeared first on loginextsolutions.com.

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How to Master Product Portfolio Management

Pursuing product portfolio management excellence empowers organizations to unlock the full potential of their offerings. This comprehensive guide unveils 10 essential keys that serve as the building blocks for success.

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Tesco Announces Global Success in Grocery E-Commerce

Supply Chain Brain

Learn how one of the world’s largest pioneers in grocery e-commerce improved their online shopping experience to help them surpass $75bn in revenue.

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2025 Warehouse Automation and Robotics Trends

Locus Robotics

Home October 14, 2024 2025 Warehouse Automation and Robotics Trends Mary Hart , Senior Content Marketing Manager As I look at the interviews I’ve conducted for the Warehouse Automation Matters podcast over the past months, it’s clear that the warehouse automation landscape is constantly evolving and changing. Across multiple episodes, my guests — industry leaders at the forefront of warehouse automation — shared valuable insights into the latest trends shaping the future.

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Boeing to Cut Workforce by 10% as Strike Eats Into Reserves

Supply Chain Brain

Boeing has already initiated a range of cost-cutting plans as it grapples with dwindling reserves and low output.

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Smart Fashion Allocation & Replenishment for Better Full-price Sellthrough

Supply Chain Management and Analytics

Fashion retailers face an uphill battle. Short product lifecycles, constantly changing trends, and the need to stock multiple sizes and colors create a logistical nightmare. In the United States alone, retailers are sitting on $740 billion in unsold goods. The post Smart Fashion Allocation & Replenishment for Better Full-price Sellthrough appeared first on Solvoyo.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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Turkey Turns to World Bank to Finance $4B Railway Project

Supply Chain Brain

The railway would cross the Yavuz Sultan Selim suspension bridge, one of the longest and widest of its kind in the world.

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Solvoyo Named a Representative Vendor in the 2024 Gartner Market Guides

Supply Chain Management and Analytics

Solvoyo was named a Representative Vendor in the 2024 Gartner® Market Guide for Retail Assortment Management Applications: Long Life Cycle Products and the 2024 Gartner® Market Guide for Retail Assortment Management Applications: Short Life Cycle Products reports. Using the Solvoyo Digital Platform, our customers have increased planner productivity by 8x and achieved 90% decision automation.

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Buying and Selling Through Rebate Programs? Here’s How to Evaluate Them

Supply Chain Brain

Without detailed tracking, you won’t know how well they work and what might need to change.

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Delivery Driver Retention Will Make or Break the Holiday Season

Supply Chain Brain

Driver turnover is worse than ever. Notwithstanding the state of the market, it’s critical to retain drivers heading into the holiday season.

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11 KPIs for Measuring Innovation Success

Measuring innovation success is critical yet challenging for organizations, often leading to confusion over which KPIs to use. Many rely on inappropriate metrics borrowed from other departments, wasting resources and overlooking valuable opportunities. This guide outlines why innovation metrics are hard to track and offers a framework for creating effective KPIs.