article thumbnail

Inventory and Inflation

Enterra Insights

The irony of excess inventory. Reporters from Bloomberg explain, “A nationwide inventory glut has led to unexpected bargains for U.S. Excess inventory was also caused by the Bullwhip Effect. ” Optimizing inventory. .” However you define inflation, the world has entered an inflationary period.

article thumbnail

The Disastrous Response of the Federal Government to the COVID-19 pandemic

NC State SCRC

A recent paper published in the PAR Journal, written by myself, Andrea Patrucco, Zhaohui Wu, Christoper Yukins, and Tanner Slaughter, reveals some insights into the reasons for failure of the federal government response to COVID-19 pandemic. Typically, the state and local governments are responsible for disaster management.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Best Way to Set Inventory Targets?

ToolsGroup

Source: Gartner, Cover Considerations—How to Optimize Retail and Consumer Product Inventory Targets, 2017. But I have to differ with the conclusions of a recent report, “ Cover Considerations — How to Optimize Retail and Consumer Product Inventory Targets.”. Frequency of placing orders - Connecting order frequency to inventory needs.

article thumbnail

Managing and Reporting Inventory in a Foreign-Trade Zone

QAD

Given the long list of FTZ benefits, including saving on Merchandise Processing Fees (MPF), reducing or eliminating duties, taxes, and tariffs, and allowing for tax-free storage of inventory while in the zone, it’s natural to wonder why more companies aren’t taking advantage of FTZs. In other words, what’s the catch?

article thumbnail

Three New Ways Retailers Can Improve Inventory Performance

ToolsGroup

Editor's Note: There will be no blog post next week. By using data to stock items with higher forecasted demand, they can reallocate cash that would normally be tied up in poorly performing inventory, avoid margin erosion from markdowns and dead stock, and increase overall on-shelf availability metrics. Future-proof Replenishment.

article thumbnail

Real-Time Inventory Management: 5 Ways Advanced Computer Analytics Will Transform Traditional Inventory Management

GlobalTranz

Manufacturers have always struggled to obtain the most accurate inventory levels possible. A need for real-time inventory management has arisen, but until now, we didn't have a way to make it a reality. Let’s take a closer look at why such systems have the power to radically change standard inventory management operations.

article thumbnail

Blog Series: The Ultimate Guide to Supply Chain Resiliency, Part 2 – Planning

Resilinc

This is Part 2 of our four-part blog series based on Resilinc’s Ultimate Guide to Supply Chain Resiliency. If your company has a mature and well-function SCRM program, then these blogs can help you validate what you’re already doing and provide ideas for fine-tuning your program. Reduced inventory levels. Event Related.