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Inventory Management in a High Inflation Environment

Logistics Viewpoints

Inflation’s effects on inventory management policies are likely far from top of the mind of Logistics Viewpoints readers in today’s challenging times. However, today’s elevated rate of inflation warrants a closer look at optimal inventory policies. 1] Bierman, H., and Thomas, J.,

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Editor’s Choice: It’s time for traditional inventory management to evolve!

Logistics Viewpoints

Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. appeared first on Logistics Viewpoints.

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Better Inventory Management Requires International Suppliers To Step Up to Digital Transformation and Collaboration

Logistics Viewpoints

Some of the world’s biggest retailers and their partners are once again feeling the sting of “ the bullwhip effect ” – a term of art amongst supply chain professionals that describes how changes in demand at the retail level can reverberate and amplify issues throughout the supply chain. What’s in manufacturing?

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Inventory Management vs. Warehouse Management

The Logistics of Logistics

Inventory Management vs. Warehouse Management. Original article: Inventory Management vs. Warehouse Management. That may be because a company might already have an inventory system and wonders what additional capabilities they will get with a new WMS. Check out The Logistics of Logistics on Youtube.

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Supply Chain Resilience. Really?

Supply Chain Shaman

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Background The Council of Supply Chain Resilience met for the first time this month. What is supply chain resilience? The reason?

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Digital Transformation in Logistics

Logistics Viewpoints

“Leading companies take a strategic approach, integrating digital technology throughout their value chains. The majority of time when people are discussing digital transformation, they are not directly referring to the digital transformation of supply chains. Let’s take a deeper look at a few technology areas.

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The Role of AI in Inventory Management

ThroughPut

Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management. It is the converging point of all the elements of the supply chain, which means that in the absence of proper control, the entire supply chain can unravel.