Retail supply chains are undergoing a major transformation, driven by data analytics, automation, and AI. In a world where demand fluctuates daily, retail forecasting and replenishment have become essential for maintaining the right stock levels while minimizing costs. Effective forecasting helps predict customer needs, while replenishment ensures the right products are available at the right tim...
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In today’s fast-paced global economy, logistics forms the backbone of modern commerce. Every product, from raw materials to finished goods, moves through a network of suppliers, warehouses, and distributors — collectively known as supply chain logistics. Having spent over four decades in the industry, I’ve seen logistics evolve from simple transport operations to a technology-dr...
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The terms Procurement and Supply Chain Management (SCM) are often mistakenly used interchangeably in business discussions. This confusion is more than a simple semantics issue; it reflects a potentially fatal operational disconnect. A modern, successful enterprise must recognize procurement in supply chain as a critical function within the overarching strategy of Supply Chain Management. To put i...
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