Challenge: A fragrance and flavor company wanted to create a foreign trade zone (FTZ) in which it could perform both manufacturing and distribution functions. Due to its many product formulations — and ingredients coming from the U.S. and around the world — tracking inventory was complex. Some incoming ingredients also skipped manufacturing and were sold raw.
Accuracy in demand forecasting Is critically important to good supply-chain management, but how do you achieve that? Visibility is key, according to several supply-chain experts, who walk us through the planning process.
The final mile or outbound shipping function has been an area of strong focus for businesses in recent years with the relentless growth of ecommerce and changes in consumer buying patterns. But the COVID-19 pandemic has now highlighted both the fragility and the importance of international supply chains, the 'first mile', where technology focus has lagged in the past.
Join us to hear how a global network platform is critical for effective international freight management, and how the global network model can improve final mile operations, without the need to rip-and-replace existing TMS solutions.
You will learn:
How to prioritize TMS investments today?
How to assess your logistics maturity for tech fit?
Should you blend inbound and outbound freight operations?
What recent changes in logistics are likely to be permanent?
Monica Truelsch, Senior Director, Solution Strategy for Transportation, Infor