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Omnichannel Retailers Leverage Optimization for Order-Promising

Logistics Viewpoints

Historically, omnichannel software solutions were not capable of optimization. A customer can of course buy goods in a store. For an online order that needs to be delivered within 24 hours, for example, the rule might state that the goods should be shipped to the consumer from the closest location. That is changing.

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9 Barriers to Optimal Inventory and How to Break them Down

Logistics Bureau

Before we look at the barriers to optimal inventory and the possible ways to eliminate or overcome them, let’s be clear on what inventory optimisation means—because misconceptions do abound. For example, you can optimise for cost, profit, or service, but not for all of them. Service as a Barrier to Optimal Inventory.

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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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Supply Chain AI: 25 Current Use Cases (and a Handful of Future Ones)

Logistics Viewpoints

Optimization is used in supply planning, factory scheduling, supply chain design , and transportation planning. In a broad sense, optimization refers to creating plans that help companies achieve service levels and other goals at the lowest cost. More recently, many other cases have emerged.

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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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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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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.