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Which eCommerce Business Model Is Right for You?

Ship Monk

They say labels are for soup cans, but, when it comes to running an eCommerce company, it’s important to know where your business model falls under. Dollar Shave Club, Warby Parker, and Glossier are all standout examples of D2C and the kind of success it can bring. eCommerce Business Models. Let’s get started!

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Notes from the 2020 TWI Summit – Part 2

The Lean Thinker

Compounding this was that, in his example, the training was TWI Job Instruction – how to train. Tyson took a quick show-of-hands poll and informally confirmed his hypothesis that most people who take the TWI Job Instruction 10 hour course are already engaged in training and teaching. And isn’t that the whole idea?

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TWI: Is it Time to Rethink Job Relations?

The Lean Thinker

During the war there was huge growth and turnover within the industrial base as production shifted from civilian products (locomotives, for example) to wartime production (tanks). The challenge, of course, is that nobody owns this material. And, to be clear, this is actually a continuum rather than a bipolar model.

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Companies Improve their Supply Chains with Artificial Intelligence

Logistics Viewpoints

In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Lead times, for example, are a critical form of master data for planning purposes. In process industries the supply chain models used for optimization are much more complex than those used in other industries.

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Invest in These Capabilities to Drive Supply Chain Excellence

AIMMS

In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models. These capabilities include Machine Learning and Prescriptive Analytics , and organizational models like Agile Teams. What to prioritize. Network Design.

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What Georgia-Pacific Is Doing With Causal AI Is Remarkable

Logistics Viewpoints

Causal AI utilizes sophisticated causal models to make decisions on multiple levels. A causal model graph represents a network of interconnected entities and relationships, enabling the system to understand how various factors influence each other to create an optimized outcome. Of course, getting a promise right is vital.

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What Warehouse Modeling Software Should You Use?

Logistics Bureau

Essential Steps to Using Warehouse Modeling Software for Design 1) Understand the Design Objectives and Constraints The first step in your review should be to determine and prioritise the objectives for your warehouse facility and operation. For example, is an SKU typically ordered by the pallet, carton, split carton, or individual unit?