The pandemic has inflicted serious damage in the last two and a half years, but there may be a silver lining for companies smart enough to take advantage of the opportunity to develop a more resilient supply chain.
Mark Garland, president and chief executive officer of 4R Systems, describes the company's Vendor Order Optimization (VOO) product, which optimizes and prioritizes retailer orders from vendors.
There's been a a dramatic leap in awareness of the importance of supply chain management, one that will come with many opportunities for both employees and employers.
Overcoming the challenges of supply chain disruptions means retailers need to go deep into their supply chains, fostering relationships with suppliers and service providers in order to get timely data about potential problems, says Jenny Roman, director of solutions consulting with e2open.
Reduced inventory and optimized logistics are just a few of the benefits to be realized in implementing Integrated Tactical Planning, says David Goddard, principal at Oliver Wight.
The latest news, analysis, trends and solutions regarding supply chain planning and optimization. New technologies in supply chain 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 planning tools and solutions for supply chain optimization.
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