Dark Stores: Revolutionizing Quick Commerce Operations
The world of e-commerce is rapidly evolving, and one of the most significant trends driving this change is the emergence of…
Best Supply Chain Analytics Software in 2024: Features and Scope
The market for supply chain analytics software is expanding rapidly as more companies recognize its ability to provide a competitive advantage…
Digital Twins in Supply Chain Analytics: Benefits and Challenges
In the rapidly evolving world of supply chain management, staying ahead of the curve requires embracing cutting-edge technology. One such advancement,…
Best Practices for Risk Pooling in a Multi-echelon Supply Chain
In today’s global and interconnected market, managing risks within the supply chain is more critical than ever. One highly effective strategy…
How to Become Supply Chain Analyst: A Step-by-Step Guide
Supply chains are the backbone of almost every product you use. From the moment raw materials are sourced to the time…
Planning and Demand Forecasting in Supply Chain Analytics
Demand Forecasting in Supply Chain Analytics: Imagine you’re running a shop that sells clothes. Some days, you might have more customers…
AI and Machine Learning in Supply Chain Optimization
Introduction In the fast-paced world of global commerce, Artificial Intelligence (AI) and Machine Learning (ML) are becoming pivotal in optimizing supply…
Understanding Inventory Optimization in Supply Chain Analytics
Explore inventory optimization in supply chain analytics, from cost reduction to efficient stock management.
How to account for the Hidden or Indirect Inventory Carrying Cost?
Inventory carrying cost is a crucial aspect of inventory management that often goes unnoticed. Understanding and accounting for these hidden or…
How can you address discrepancies found during inventory audits?
Inventory audits are critical for ensuring the accuracy of stock records. Discrepancies found during these audits can lead to stockouts, missed…