Back in March 2024, NPR’s Planet Money featured a fascinating episode called “Is Dynamic Pricing Coming to a Supermarket Near You?” It highlighted REMA 1000, a Norwegian grocery chain that’s doing ...
The success of a supply chain business often relies on the effectiveness of its inventory strategy. Without a strong plan in place, companies may run shortages or end up with surplus inventory on hand ...
Analyst Insight: AI revolutionizes initial inventory planning and stockpiling by estimating demand even when historical data is missing. This optimizes procurement, reduces costs, and prevents ...
Due to the global disruption of the pandemic, heated discussions persist around moving from “lean” supply chains that only focus on cost and efficiency, to more resilient and agile supply chains that ...
Getting inventories right is hard—but why? In this age of advanced technology, ERP systems, and AI, one would expect companies to leverage these tools as a competitive advantage or, at the very least, ...
RUNNING an efficient supply chain system comes with countless challenges, but few are as persistent as inventory management challenges. RUNNING an efficient supply chain system comes with countless ...
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