Remove 2005 Remove Information Remove Inventory Remove Manufacturing Procurement
article thumbnail

6 Manufacturing Trends to Watch Out for in 2016

GlobalTranz

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. Manufacturers will seek custom (or specifically tailored) e-commerce solutions.

article thumbnail

Last Mile Carrier Tracking: 5 Tips for eCommerce Merchants

Ware2Go

Last mile carrier tracking shows the status and often location of a package from the moment the shipping information is sent to the carrier. According to a new survey by UPS Capital, 74% of consumers expect accurate tracking information for online purchases. What Is Last Mile Carrier Tracking? Department of Commerce.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Getting Ready for 2017: Reflections on Telling Lies

Supply Chain Shaman

This research, released in 2005, gives a compelling view of a metrics hierarchy. In a nutshell, the research states there is a correlation between cost, inventory, and forecast performance. This is especially true in an Information Technology department. This does not mean I think forecasting is an unimportant process.

article thumbnail

How Did the Digital Supply Chain Evolve?

Supply Chain Game Changer

Accepting or submitting orders via email allowed companies to have electronic paper trails to maintain accurate inventory counts and keep clients satisfied. Such information streamlined transactions and improved decision-making, but the ERP data did not initially permit connecting and compiling cross-functional data sources.

article thumbnail

8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. In 2017, the company began to look at new options for warehousing, knowing it would need to start placing inventory closer to customers if it wanted to compete in the challenging omnichannel retail space.

article thumbnail

The History of Supply Chain Management! (Infographic)

Supply Chain Game Changer

The computerization of this data opened the door to a huge opportunity for innovations in logistics planning, from randomized storage in warehouses to optimization of inventory and truck routing. The communication capabilities have fundamentally changed the way we think about communications and information sharing.

article thumbnail

Justifying Investments in Risk Avoidance

MIT Supply Chain

In my 2005 book The Resilient Enterprise: Overcoming Vulnerability for Competitive Advantage (MIT Press, 2005) I wrote that continuous security, resilience and risk mitigation efforts can be hampered by their own success. This supported an extremely lean build-to-order operation with minimal inventory.