The Logistics of Logistics
JUNE 17, 2022
Jeff Flowers and Joe Lynch discuss why inventory is everything. Quickly moving towards his true passion of operations, Jeff spent 2006-2016 in various roles with the nation’s largest building products Distributor, BlueLinx. Key Takeaways: Inventory is Everything. About Jeff Flowers.
GlobalTranz
NOVEMBER 22, 2017
As the world moved forward, the basic concept of managing warehouse inventory did not change much. The 19 th Century: The Railroad Becomes a Major Player in Transporting Goods. During the 19 th century, the use of railroads to transport goods long distances had increased. Enter the Amazon Elastic Computer Cloud.
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Supply Chain Shaman
JUNE 7, 2018
When we study 600 public companies by peer group, at the intersection of inventory turns and operating margin, only 5% drive improvement. There are many forms of decision support—price optimization, revenue management, transportation planning, spend management, network design. of revenue on IT are we improving inventories.
Supply Chain Shaman
OCTOBER 29, 2020
Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Inventory. My takeaway?
GlobalTranz
MARCH 1, 2018
In 2003, Walmart announced that all of its suppliers would need to have Radio frequency identification (RFID) tags on all pallets and cases by 2006. Instantaneous inventory cycling reduces delays and speeds SCM. appeared first on Transportation Management Company | Cerasis.
Savi
FEBRUARY 5, 2019
Today’s driver shortage is helping to drive transportation costs higher. To put this in perspective, 2018 is the first year since 2006 in which driver shortage is the primary concern of the industry. The chart below (courtesy of Peter Boockvar ) illustrates historical truck transport cost and consumer goods cost movement.
Operations and Supply Chain Management
AUGUST 24, 2020
One landmark in the lean revolution for retailers was Walmart ’s decision in 2006 to thin out inventory by $6.5 billion, a drive that relied on efficient transportation.
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