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Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

The subway system is the lifeblood of New York City, pre-COVID carrying an average of 5.5 Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. The basic approach to inventory optimization.

Modeling 270
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Inventory and Inflation

Enterra Insights

The irony of excess inventory. In the grocery sector, for example, correspondents from the New York Times observe, “[Grocery shoppers] doing their weekly runs to grocery stores [are finding] some items that used to be plentiful have been missing for months.”[2] Excess inventory was also caused by the Bullwhip Effect.

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Top 15 Logistics Stories of 2023

Logistics Viewpoints

If you haven’t attended recently, it is an unmatched display of warehouse automation, robotics, and software systems. Supply Chain Shortages Hit the Customer Where it Hurts ; Chris Cunnane According to the Federal Reserve Bank of New York, nearly three years after Covid-19 was declared a pandemic, supply chains are back to normal.

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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

I have often written about legal issues and battles in California, as the state has been in the news for its warehouse and trucking emission rules, independent contractor rules for gig workers, and union disagreements at ports. Well, this week, I saw a new story about a bill in California that is turning heads.

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This Week in Logistics News (October 1 – 7)

Logistics Viewpoints

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. Walmart in the news: Walmart, suppliers continue sustainability collaboration. Small businesses getting squeezed out in push for warehouse space. Walmart to buy Alert Innovation.

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The New Reality of Amazon FBA with Ephraim Ausch

The Logistics of Logistics

Ephraim started his career at a bulk candy company that had retail locations in New York. Tactical is an end-to-end provider of supply chain logistics that specializes in freight forwarding, warehousing, distribution, and domestic transportation. Tactical has warehouses in both Chino, California, and Elizabeth, New Jersey.

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Your Expert Guide to Inventory Audits: Best Practices & Tips 

ShipBob

Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory — whether it’s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?