Katie Fowler

Modern inventory strategies grapple with the dichotomy between "just in time" and "just in case", particularly due to supply chain disruptions: https://lnkd.in/e-qarigS Companies are leaning towards a more conservative model to mitigate risks associated with supply chain obstacles, employing tactics such as making bulk purchases upfront to secure necessary inventory without compromising working capital​. While this approach may neutralize interruptions, it can also cause unintended consequences with regard to cash flow and business agility. Rather than “just in time” or “just in case”, Productiv aims for a “just right” approach to inventory management. With our advanced solutions that integrate seamlessly with existing operations, we help streamline processes from warehousing to real-time inventory tracking. By employing sophisticated data analytics and leveraging technology such as RFID systems and automated warehousing, Productiv offers companies the tools they need to maintain accurate stock levels, optimize warehouse space, and improve overall operational efficiency. Don’t just get close to your goals, Get Productiv! https://lnkd.in/giBtjjUE

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This article dives into the Jabil 2024 Supply Chain Resilience Survey. They point out that 96% of the 200 supply chain decision makers interviewed stated that market intelligence is used to “navigate supply chain challenges”. It then goes a step further to highlight how organizations can better integrate technologies into their data driven strategies by focusing on three areas: visibility, optimization and sustainability. The common theme between these three areas is preparedness. Before deploying any technologies into an organization’s ecosystem a game plan must first be created. A question to ask is what is the end result of implementing this new technology? As stated in the article “… companies can start by assessing the capabilities of the technologies they already use and performing a gap analysis to determine what other technologies may need to be added”. Here are IMPACT Management Services we work with our client partners to help them understand their data and work with them to create strategic plans for the future. It has been stated in previous posts, but it is important to say it again here. While implementing new technologies into an organization can see big rewards for that company, unless they also simultaneously retrain, upskill or just train their employees they can potentially lose them. Employees in today’s market do not want to be left behind when it comes to the latest technologies. If an organization can reinvest in their existing employees their employee retention will go up and their overall costs of replacing employees will decrease. Reach out to us today to learn more about the market trends in your industry including what new skills sets employees are saying they want to learn. As always follow us to learn to get more industry insights. #Logistics #Manufacturing #Employeeretention #Optimization    https://lnkd.in/gVqZvBRA

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The upcoming webinar outlining the research from the SAPinsider report "Building Resilient and Agile Supply Chains Leveraging Data, Analytics, and Automation" is tomorrow, May 22nd at 2pm ET. Please join Mark Vigoroso, MBA as he leads the discussion and showcases the outcomes. CloudPaths is proud to have contributed to this research and report. https://lnkd.in/gSJvfmk3 #SAP #supplychainplanning

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Designing your #supplychain isn't a yes or no decision. ☝️ If you don't intelligently design your supply chain, it will design itself, and that could be catastrophic for your business. Supply chain executives today must have the capacity to envision and design future supply chains for the long-term viability of your company and your career. Explore this insightful ebook, co-authored by Optilogic Founder Donald Hicks and Maria Villablanca, founder of Villablanca Consulting and Future Insights Network and Co-founder of Transform Talks Podcast. Together, they uncover: --Supply chain design is more crucial than planning --AI isn't going to drive your #supplychaindesign --What's driving leading #manufacturers and #retailers to redesign supply chains in 2024 --Why it's imperative to design for outcomes of #2024elections now --And much more! Get the guide for free: https://hubs.li/Q02wxHSV0

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Interesting article on distractions in #supplychain management from Jon Kirkegaard about actionable demand and supply balancing + advocating for a reset to address a lag in adapting supply chain #strategies to current demands, highlighting the importance of #proactive and #transformational thinking https://lnkd.in/gBx_xJuw

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Inaugural “State of Source-to-Pay” Benchmark Report Uncovers Gen-AI and Innovation-Powered Future for Procurement Despite Data Disconnect https://ow.ly/Kec950SmnSg Ivalua #B2Bsales #B2BTech #B2B #salestech #B2C #B2B

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By earning the #APICS "Certified in Planning and Inventory Management" (CPIM) designation, you’ll develop competencies to successfully work across all functions of the supply chain. including planning of demand, inventory and manufacturing management. Learn more and inquire at https://lnkd.in/e44-yQfS #CPIM #SUPPLYCHAIN #SUPPLYCHAINMANAGEMENT #PRODUCTION #Demand #Supply

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By earning the #APICS "Certified in Planning and Inventory Management" (CPIM) designation, you’ll develop competencies to successfully work across all functions of the supply chain. including planning of demand, inventory and manufacturing management. Learn more and inquire at https://lnkd.in/e44-yQfS #CPIM #SUPPLYCHAIN #SUPPLYCHAINMANAGEMENT #PRODUCTION #Demand #Supply

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Three Key Actions Procurement Can Take to Increase Supply Chain Visibility

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An interesting point of view in this article. In the recent Econmist Impact study https://buff.ly/45TNmcc into procurement its interesting to see the continued importance of category management in procurements digital transformation agenda, it has been in the top 3 or 4 areas that drive digital transformation for the last 3 years. One of the findings over this time has been the need to increase digitisation in the category management process, a finding that each of the over 400 CPO identified as a primary way to improve Category Management via technology. The automation of process will then allow the concentration on methods other than simple sourcing programs as the execution arm of categiory strategies. The death of category management? - Procurement Leaders

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Great article by Sasha Pailet Koff on Supply Chain Management Review Magazine exploring how AI is reshaping supply chain management: https://lnkd.in/dUwhUZRp "𝘊𝘰𝘮𝘱𝘢𝘯𝘪𝘦𝘴 𝘢𝘳𝘦 𝘮𝘰𝘷𝘪𝘯𝘨 𝘢𝘸𝘢𝘺 𝘧𝘳𝘰𝘮 𝘴𝘪𝘭𝘰𝘦𝘥 𝘵𝘢𝘴𝘬-𝘴𝘱𝘦𝘤𝘪𝘧𝘪𝘤 𝘢𝘤𝘵𝘪𝘷𝘪𝘵𝘪𝘦𝘴 𝘵𝘰𝘸𝘢𝘳𝘥 𝘢 𝘮𝘰𝘳𝘦 𝘪𝘯𝘵𝘦𝘨𝘳𝘢𝘵𝘦𝘥 𝘢𝘱𝘱𝘳𝘰𝘢𝘤𝘩 𝘵𝘰 𝘥𝘦𝘤𝘪𝘴𝘪𝘰𝘯-𝘮𝘢𝘬𝘪𝘯𝘨." #SupplyChain #ArtificialIntelligence #AI

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“Guidance for Procurement Leaders in Recovering Supply Chains - with Edmund Zagorin of Arkestro and Len DeCandia of Johnson & Johnson” https://lnkd.in/d_MacVm Today’s guest on the ‘AI in Business’ podcast are Arkestro Founder & Chief Strategy Officer Edmund Zagorin, and former Johnson & Johnson Chief Procurement Officer Len DeCandia. Arkestro, recognized for its pioneering AI-driven solutions in procurement, collaborates with industry giants such as Johnson & Johnson and Koch Industries, emphasizing the importance of innovative partnerships in the automotive, construction, and manufacturing sectors. Together with Emerj Artificial Intelligence Research CEO and Head of Research Daniel Faggella, the trio examine the multifaceted challenges faced by procurement leaders, from scaling operations and retaining talent to navigating the aftermath of the pandemic on supply chains. Their insights provide a deep dive into the strategic and operational approaches necessary for building resilient and agile procurement functions in today’s volatile market. #ProcurementLeadership #SupplyChainRecovery #AIinBusiness #StrategicProcurement #OperationalResilience #LeadershipInsights #IndustryCollaboration #InnovationInProcurement #TalentRetention #PostPandemicChallenges #Arkestro #JohnsonAndJohnson #KochIndustries #AutomotiveIndustry #ManufacturingInnovation

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Sustainable manufacturing: Trying to save the planet while also making sure your products don't turn to dust. Go green at www.supplychainreport.org. #EcoEfficientEpic #Supplychainnews #Supplychainreport #Globalsupplychains

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