article thumbnail

This Week in Logistics News (August 4-8, 2014)

Talking Logistics

HighJump Software announced enhancements to its Retail Inventory and Point of Sale Management software, RETAIL vantage. Yes, many stores are still stuck in 2001 when it comes to their IT capabilities, and theyll need more than a flux capacitor to get back to the future. And with that, time to head to the beach.

article thumbnail

Inflation is Back Up – Are you Ready?

Herlitz Inventory Management

Growing up with a father who developed inventory management software for a living spawned some interesting conversations around the dinner table. It hasn’t been lost here at Herlitz Inventory Management! Since 2009, when Herlitz Inventory Management was founded, annual inflation has been below 3 percent in the US. LTCM crisis.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How Demand Planning Influences Supply Planning through Predicting Future Demand Patterns

Vanguard Software

Not too long ago, in 2014, Walgreens had a $1 billion forecasting error that led to the exit of two executives. And before that, in 2001, Nike also had a demand planning blunder that led to a $100 million loss in sales. Whereas supply planning projects and manages inventory or supply to meet consumer demand.

article thumbnail

The ROI Challenge for Supply Chain Projects: Lessons from The Trenches by an Aging Jedi Knight

Arkieva

The director of Supply Chain (or inventory, manufacturing, analytics, customer order fulfillment, etc.) Typical suspects are reduced inventory, increased output, lower cycle time, better on-time delivery, among others. Two of my favorites are Kroeger (2014) and John Milne’s IBM application for central planning (2001).

article thumbnail

This Week in Logistics News (December 9-13, 2013)

Talking Logistics

They have engineered new strategies for jockeying inventory across the country to avoid overstocks and markdowns and to keep customers from defecting to Amazon, a big problem last year. . The WTO is aiming for the General Council to formally adopt the Bali agreement by July 31, 2014. UPS and FedEx. Just saying.

article thumbnail

31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

GlobalTranz

Overall, from 2001 to 2008 average Asian wages increased 7.1-7.8%, Obsolete and excess inventory carriage are more preventable. from abroad (mostly between 2010 and 2014, per Moser). Public opinion is motivating some producers to upgrade standards for off-shore operating and for selecting suppliers. Since 2005, U.S.

article thumbnail

Uh-Oh! Insights On How P&G Failed And What This Means For You

Supply Chain Shaman

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. When we compare the results of P&G to its peer group for 2012-2021, P&G outperforms in inventory turns and margin but underperforms in growth and asset utilization. Was this by design? My reasoning?