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Think Tank
Inventory Planning/Optimization: Page 17
Retailers Left with Excess Inventory Ahead of Holiday Season, Analysts Say
Two-thirds of the 30 retailers analyzed had inventory turnover rates below their peers, which indicates excess stock and/or slow sales.
Transfix Launches RFP Manager Tool
Transfix said that this new feature will allow companies to manage an RFP in just minutes rather than in hours.
ERP Digitization: MRO as a Business Driver
The state of the economy and the mounting push to digitize supply chain processes are driving a creative approach to maintaining the integrity of your company's item master.
Using Drones to Improve Inventory Count Accuracy
Employees no longer spend long, tedious hours doing manual inventory with forklifts, and there is now less likelihood of misplacing product.
Saudia Group Closing in on Order for 150+ Airplanes
Saudia Group is planning on announcing the order before the end of 2023, with the airplanes going to Saudia Cargo as well as Flyadeal.
Airbus Sees Higher Output in 2024 Amid Surging Demand
The European company still has 161 deliveries to go in the final two months of 2023 if it wants to meet its target.
Inventory Distortion at the Store Level: Employees Have More Control Than They Think
By improving processes such as employee training, communication among employees, and also between management and floor staff, retailers can take strides to resolve inventory distortion at the store level.
Australian Farmers Are Giving Sheep Away for Free After 75% Price Plunge
Sheep prices have slumped, with older animals fetching an average of just $22 in October 2023 and some reports of animals selling for less than a dollar a head.
Mastering Omnichannel Fulfillment: 3 Key Strategies for Retail Success
Omni-channel, demand-driven fulfillment using AI and automatic decision-making technologies will give retailers the edge they need to succeed in a very competitive landscape.
IBM Uses AI and Visibility Tools to Boost Efficiency
IBM, a pioneer in the development of artificial intelligence, deploys the ground-breaking technology to make real-time predictions about the status and shipment of sales orders.
Watch: The Big Changes in Supply Chain Network Strategy
Richard Thompson, international director of supply chain and logistics solutions with JLL, reviews the major changes that are occurring in supply chain network strategy in the post-COVID era.
How Starlink's Innovative Mesh Network Principles Can Revolutionize the Logistics Industry
Ultimately, mesh networks can handle fluctuations in supply and demand, optimize routes, and create transparency and accountability in the supply chain.
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