Billions of dollars of deals signed by international companies with Iran are under threat after President Donald Trump announced he was pulling out of a “rotten” nuclear deal with Tehran.
Challenge: A company's engineering and sourcing departments were siloed and lacking access to historical information and accurate market data (pricing, availability and risk). The engineering department partially designs based on performance, but the bills of materials (BOMs) sent to the sourcing department were not procurable. The company needed access to the right data to increase contract negotiating power and reduce product launch risks due to inventory and manufacturing issues.
Truck maker AB Volvo beat first-quarter expectations thanks to strong demand for trucks and construction equipment across most markets but cautioned that its supply chain was coming under pressure.
Supply chains are under tremendous pressure to perform better. The average consumer now spends considerable time researching the best prices for the products they want, they’re comfortable ordering online, and they expect swift delivery at a time that suits them.
Maersk and Rockstart, a European startup accelerator, have partnered in an initiative called FoodTrack to foster startups with ideas for tackling global food loss.
DHL and IBM have released a joint report on the development of artificial intelligence (A.I.) technology and its potential to change the logistics industry — noting that, in many ways, A.I. is already making profound changes to the retail environment, not all of which are positive.
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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