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Using Digital Supply Chain Planning to Respond to Market-Changing Disruptions like COVID-19

ToolsGroup

Examples of this include expediting with LTL and air freight and costly in-network transfers from warehouse to warehouse–all of which erode profit margins. Use demand modeling to fine-tune demand forecasts. One US-based ToolsGroup manufacturing customer sources parts from several Chinese and Italian suppliers.

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The New Normal: Predictions for Retail in 2021

ToolsGroup

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. Check out the video below. Or listen and follow on Spotify. Transcript.

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This Week in Logistics News (July 20 – 26)

Logistics Viewpoints

and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. consensus forecast. And now on to this week’s logistics news. billion from $9.4

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Food Supply Chain Issues

Elementum

The COVID-19 pandemic, Brexit in Europe, and the Russian invasion of Ukraine have further exacerbated current food chain problems, but a solid supply chain should be equipped to withstand this pressure to a certain extent. The post Food Supply Chain Issues appeared first on Elementum.

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ZF’s Transition from Lean to Supply Chain Resilience

Logistics Viewpoints

ZF sends the call-off, along with the forecast, not just to their suppliers, but to their carriers and 3PLs. Sobeck explained, forecast accuracy had been declining as product sales became more volatile. Decreasing forecast accuracy makes it more difficult to run a lean supply chain. Sobeck explained, are even more important. “We

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Realities Impact the Global Ocean Container Industry

Supply Chain Matters

The invention of the ocean container as a means for inter-modal sea and surface transportation movements have orchestrated the march toward lowest cost global based sourcing of components and materials. Europe and Asia , stood at $9,304 per 40-foot container, a 110 percent increase from the same index at the close of 2020.

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Molex Prizes Agility

Logistics Viewpoints

The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe. There was no air freight possible then into Europe,” added Gerald van den Eijnden. The data from Infor Nexus also helps the transportation teams do better carrier sourcing.