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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.

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Analytics in Supply Chain Management Becomes Central As Coronavirus Escalates

IoT World Today

In order to build a correct demand plan, one-off events have to be identified and accounted for,” wrote Ralf W. As they monitor tires’ tread wear and calculate its end of life , they can also send information to manufacturers about inventory needs and alert customers to manage the purchase. And again, data quality is a huge concern.

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A Better Way to Think About Integrated Planning

Logistics Viewpoints

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. Resilience is About Planning for Agility.

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Email Tips for Ecommerce Businesses

Ship Monk

These people are genuinely interested in your product — so much so, that they have purchased your products. Direct mail, while not as eco-friendly and far more expensive, can be used to deliver a coupon to infrequent shoppers, or communicate big events, such as an annual sale or new product drop. How Often This is tricky.

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A Guide to Supply Chain Lead Time 

Logistics Bureau

Here are some examples with their definitions: Upstream lead times: These refer to the activities required to produce and deliver raw materials, components, and finished goods to your companys factories, warehouses, or other supply chain facilities.

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5 examples of the black swan theory

Logistics at MPEPS at UPV

Today we are going to find out what the black swan theory means, how it affects the economy and the society overall and several examples of how the black swan events have changed the words. Even though,the black swan events are often inappropriately rationalised after the fact with the benefit of hindsight.

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Digital Transformation Journey in Supply Chain Planning

Logistics Viewpoints

Maintaining all past and future promotional events in a database. Accurate and timely reconciliation of purchase orders with receipts. Maintaining outlier events that have influenced demand patterns or supply availability . Modeling the impact of weather events. Having accurate stock-out data.