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Inventory Management: We Can Do Better

Supply Chain Shaman

So, let’s start with the data. Yes, am that geeky kind-of-gal that likes to ground discussions in data.) In Table 1, I share research collected for the Supply Chains to Admire analysis on the average days of inventory by industry across the period of 2004 to 2019 by increments to match economic shifts.

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Pet Food Experts Selects HIMPACT by Herlitz Inventory Management

Herlitz Inventory Management

Pet Food Experts Selects HIMPACT by Herlitz Inventory Management to Manage Daily Forecasting and Purchasing Solutions for its 4,500 Retail Partners in 34 States. Pet Food Experts signed with Herlitz Inventory Management to deliver more efficient and more profitable solutions for its forecasting and purchasing process.

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

Supply Chain Shaman

The details: 2001-Acquired Clairol for 4.9B$ 2002-Divestiture of Jif and Crisco to Smuckers–813M in Stock 2003-Acquisition of Wella for 7B$ 2005-Merger with Gilette for 57B$ 2008-Purchase of Nioxin for 300M$ 2009-Purchased Art of Shaving for 60M$ 2009-purchased ZIRH for 40M. Discontinued in 2011. My learning? We cannot assume.

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Supply Chain Optimization for Consumer Packaged Goods Inventory

Logility

Between 2000 and 2009, the average profit for this industry grew by over 10% year on year, but over the next decade, annual profit growth fell to just 3.2%. Robust Inventory Management. Inventory management. Data analytics to gather insights on seasonal behaviors and demand volatility.

Modeling 130
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BASF: A Story of a Supply Chain Leader

Supply Chain Shaman

Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” (The Note in Figure 1 that BASF drove great improvement in the period of 2009-2013, but then slowed in 2014-2015. Companies passing these two tests are then analyzed against the performance factors for 2009-2015: Growth.

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Welcome 2019

Supply Chain Shaman

The teams in these seats did not experience the down market in 2007 or the start of the market run in 2009. Companies cannot save their way to supply chain excellence with cost-cutting and inventory management — customer back capabilities. Machine learning will redefine master data management. The teams are new.

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This Week in Logistics News (January 28 – February 3)

Logistics Viewpoints

The company’s purchases continue to add new wind and solar projects on the grids that power operations, including Amazon Web Services (AWS) data centers, Amazon fulfillment centers, and physical stores around the world. Verity’s system then delivers that information to the client’s existing warehouse management system (WMS) software product.