After months of speculation, a large new piece of the tariff picture came into focus, and it’s already impacting companies (and their supply chains) in major ways. Here, we’ll look at how these new tariffs may affect sourcing decisions, transportation…
The COVID-19 pandemic exposed vulnerabilities in global supply chains. Demand surged. Inventory management systems struggled to keep up. Logistics faced unprecedented challenges. Businesses were forced into reactive crisis management. Now that we’re moving into a post-pandemic world, the focus has shifted…
Balancing customer demand while optimizing inventory levels can feel like a never-ending challenge. – Too much stock? You tie up capital and risk obsolescence. – Too little? You lose sales and disappoint customers. – The good news? Advanced inventory planning software—especially with AI-driven…
Launching a new product is exciting—but if your forecasting demand for new product is off, it can quickly become a supply chain nightmare. Get it wrong, and you’re either stuck with excess inventory tying up capital and warehouse space or…
In today’s fast-paced and data-driven business environment, inventory management is the backbone of operational efficiency. With inventory management software features like artificial intelligence (AI), automation, and real-time data analytics, you can now optimize your inventory strategies like never before. AI-powered systems…
Global supply chains in the current business world still lack transparency. What’s more, business leaders often deal with prolonged delays in reporting cycles. There is no surprise considering the supply chain is usually spread across multiple manufacturing and logistics entities…
Supply chain management is the process of organizing and overseeing supply chain activities with the goal of achieving a competitive advantage. The core of any company’s operations, supply chain management involves everything from the acquisition of raw materials through to…
Let’s dive into why safety stock optimization matters, The risks of not getting it right, and how you can easily calculate Safety Stocks to keep your business running smoothly and profitably. ‘Availability’ is the golden word for any business. Every…
Watch the latest Lets Talk Supply Chain with Sarah Barnes-Humphrey. TransImpact CEO Berkley Stafford shared his unbiased, behind the scenes approach to current industry challenges. The two chatted about why complexity leads to opportunity, and why the industry as a…
When it comes to business forecasting, people typically think first of the quantitative type of forecast. This takes historical, time series, or correlation data and extrapolates from it to project what is likely to happen. However, qualitative forecasting can also…
