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Megatrends Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

Megatrends Shaping Supply Chain Innovation. And what are the key industry trends and innovations? In E2open’s Supply Chain Innovation Report 2021 , 73% of respondents claimed their supply chain is either moderately, slightly, or not at all resilient. Supply chain mapping is key to ongoing innovation.

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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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The Need For Supply Chain Innovation: Why You Should Watch These Four Trends ?

The Logistics & Supply Chain Management Society

The Need For Supply Chain Innovation: Why You Should Watch These Four Trends ? It is prime time for visibility / inventory management tools and outsourcing. Source: US Census Bureau. The Need For Supply Chain Innovation: Why You Should Watch These Four Trends ? 5 Megatrends Shaping Supply Chain Innovations.

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ToolsGroup Named a Leader in Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization

ToolsGroup

BOSTON – (August 25, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a leader in the Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization. Amid continuous disruption and fast-changing consumer demand, inventory agility is crucial.

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ToolsGroup Announces Inventory Hub®, the Single Source of Truth for Real-Time Data Across the Enterprise

ToolsGroup

In a world of too little, too late, real-time data provides the actionable insights companies need to maximize inventory performance and business profitability. The highly scalable platform processes and analyzes data quickly and applies configuration to provide actionable views of inventory.

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2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Logistics and inventory management rounds out the top four focus areas at 82 percent. Sourcing and Procurement In sourcing and procurement, the top focus area for 2024 continues to be supplier/vendor relationship management (SRM).

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Strong Supply Chains Required For an Economic Rebound: Six Steps To Take

Supply Chain Shaman

My first focus was on China sourcing. I firmly believe that the rebound of the economy requires strong supply chains, but to make this happen, we need to turn our backs on historic practices and innovate new ways of working. China was the source of over 90% of PPE.) Evaluate Inventory. Evaluate inventory health weekly.