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Inventory Management vs. Warehouse Management

The Logistics of Logistics

So, as an example, the IMS tracks and reports that there are 30 widgets in Warehouse A, 25 in Warehouse B, 48 in Manufacturing Plant A, and so on. The first is what may be called “soft inventory allocation,” which means as orders are placed, the system will reserve the needed quantities of inventory in each node (warehouse, etc.)

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Announcing the Launch of ShipChain Mainnet

Shipchain

Its mainnet provides one of the highest levels of functionality available in the freight and logistics business today; and its exciting capabilities provide public tools for the supply chain industry to improve itself. Becoming a ShipChain Validator / Node Operator. While ShipChain Inc. Robust document management.

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Active Supply Chain Design: A Key Imperative for De Risking Supply Chains

Logistics Viewpoints

The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream. Table 1 describes a few examples of these types of risks. Examples of disruptive risks are suppliers going out of business or shipwrecks that result in the loss of cargo containers.

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Intelligence…Sometimes Artificial

AIMMS

An interesting example of this is the capability AIMMS has provided in the utility grid business for the last 15 years. Tens of thousands of demand nodes, 2,000 supply nodes and industrial pricing are all synchronized to best effect every 15 minutes. What about Configure, Optimize & Respond?

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Getting Started with AI in Supply Chain

Logistics Viewpoints

Consider a planner in Brazil working with the previous lead time prediction example, who has forgotten how to update the parameters. Sometimes hilarious examples of its “hallucinations” illustrate its failure to understand ( My Dinners with GPT-4 by Justin Smith-Ruiu is one of my favorites).

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Polycrisis, Antifragility, and What’s Missing from Digital Transformation

Logistics Viewpoints

of supply chain professionals found that their number one wish to increase work satisfaction is better, integrated tools. Transparency into the inter-relationships of actions clarifies their systemic impact, not just the effect on a single node. Climate change is biggest crisis of all, the ultimate example of interconnected systems.

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Addressing the “White Spaces” in Supply Chain Planning

Talking Logistics

Not surprising, companies have been filling in the “white spaces” of their existing planning tools and processes with (you guessed it!) Companies have been stuck on a world of heuristics for a long time and using those heuristics just isn’t cutting it any more,” added Fowler. Excel spreadsheets.