Inventory Management

How Will Lotte and Megvii Transform Smart Logistics?
Technology & Innovation How Will Lotte and Megvii Transform Smart Logistics?

In a world where immediacy is not just desired but expected, South Korea's Lotte Global Logistics has taken a decisive step toward revolutionizing the supply chain by partnering with Chinese AI powerhouse Megvii Technology. This strategic alliance is poised to inject a shot of innovation directly

How Is Körber Revolutionizing Supply Chain with New Tech?
Supply Chain How Is Körber Revolutionizing Supply Chain with New Tech?

Amid a dynamic global market, Körber is at the vanguard of supply chain innovation with three trailblazing solutions: Gamification, Slotting.IQ, and the Unified Control System (UCS). These cutting-edge technologies revolutionize supply chain efficiency by fostering workforce engagement, refining

Warehousing Evolution: Harnessing Tech to Boost Efficiency
Technology & Innovation Warehousing Evolution: Harnessing Tech to Boost Efficiency

Warehousing Evolution: Harnessing Tech to Boost Efficiency Warehousing has traditionally been a cornerstone of the global supply chain, playing a vital role in storing goods. However, recent times have seen it evolve dramatically, fueled by major technological breakthroughs. This evolution has

How Can Retailers Effectively Plan for Increased Shopper Demand?
Supply Chain How Can Retailers Effectively Plan for Increased Shopper Demand?

Retailers must navigate the ebbs and flows of customer demand effectively to thrive, particularly during busy periods like holidays or major sales. A robust demand planning strategy is crucial for maintaining high levels of customer satisfaction, ensuring smooth operations, and sustaining

How Can Businesses Overcome Barriers to S&OP Adoption?
Supply Chain How Can Businesses Overcome Barriers to S&OP Adoption?

Sales & Operations Planning (S&OP) is a key strategic process that helps organizations align their operational planning with business objectives. When applied well, S&OP can significantly increase a company's operational efficiency and effectiveness. However, embracing the full advantages of S&OP

How Is Generative AI Revolutionizing Retail Demand Forecasting?
Supply Chain How Is Generative AI Revolutionizing Retail Demand Forecasting?

Generative AI is revolutionizing retail demand forecasting. Unlike traditional methods that rely on past trends, this advanced technology leverages large datasets to predict future consumer behavior with impressive detail. It allows retailers to foresee which products will be in high demand,

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