Better data sharing between retailers and CPG manufacturers can help overcome supply chain challenges, says Inna Kuznetsova, chief executive officer of 1010Data.
For many businesses, the past year exposed the fragility of their cash flow and working capital. The pandemic, coupled with supply chain disruptions and erratic consumer demand, wreaked havoc on companies facing both internal and external pressures.
Ben Ruddell, director and professor in the School of Informatics, Computing and Cyber Systems at Northern Arizona University, offers a perspective on whether we can expect another wave of shortages of essential products on store shelves this year.
Although their storefronts and advertising campaigns may tell a different story, retail organizations are already planning for the 2022 holiday season.
Just-in-time and ad hoc ordering work well while parts are still in production and the supply chain is robust. But once the manufacturing process is disrupted, and supplies become limited or even non-existent, things change drastically.
The latest news, analysis, trends and solutions regarding inventory planning and optimization and its impact on supply chain management. New technologies in inventory planning and optimization are transforming the way companies operate - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using inventory planning solutions for supply chain optimization.
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