Remove Definition Remove Events Remove Procurement Solutions
article thumbnail

The New Definition of Supply Chain Agility and Resilience in an Unpredictable World

Logistics Viewpoints

Geopolitical events. The definition of agility and resilience will continue to evolve. This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. Natural disasters. Tariffs and trade regulations.

article thumbnail

Ecommerce Inventory Management: Challenges & Solutions

Logistics Bureau

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Better Way to Think About Integrated Planning

Logistics Viewpoints

OMP provides supply chain planning (SCP) solutions. Definitions of agility, resilience, visibility, and end-to-end collaboration are all very much tied together. And agility is about reacting quickly and hopefully effectively to the actual disruptive event. But the event might not be disruptive at all if you had planned for it.

article thumbnail

Analytics in Supply Chain Management Becomes Central As Coronavirus Escalates

IoT World Today

These tools will become the foundation on which supply chain managers gain insight into their markets and erratic supply and demand trends. And “it’s a great tool,” but there are more sophisticated, more accurate tools to do sourcing. About 82% that use advanced analytical tools, according to Supply Chain Quarterly.

article thumbnail

Digital Transformation Journey in Supply Chain Planning

Logistics Viewpoints

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Ensure that, somewhere along the way, data diagnostic tools will be used to check for missing and inconsistent data automatically. . Maintaining all past and future promotional events in a database.

article thumbnail

Email Tips for Ecommerce Businesses

Ship Monk

These people are genuinely interested in your product — so much so, that they have purchased your products. Email vs. Other Forms of Communication For many years, email has been the gold standard of communication tools for DTC businesses. They’ve trusted you with their email address and mobile number. The downside?

eCommerce 105
article thumbnail

8 Best Inventory Demand Forecasting Techniques

EazyStock

But first – let’s get a definition: What is inventory demand forecasting? Consider demand forecasting software. Understanding how these seasonal factors affect your customers’ purchasing habits will help you take advantage of peaks in demand and plan for the troughs. Consider Demand Forecasting Software.