Inventory Management

LeanCor

Inventory management, network infrastructure, and labor deployment are all critical components necessary to meet this intense customer demand. Inventory Management Strategy. This leaves us with one option: pushing the boundaries of current inventory management practices.

This Week in Logistics News (August 19-23, 2013)

Talking Logistics

I went to Home Depot earlier this week to return a purchase, and the customer in front of me wanted to exchange a defective power tool with the same model, but he couldn’t find any on the shelf even though the store’s inventory system said 5 units were in stock.

This Week in Logistics News (October 7-11, 2013)

Talking Logistics

Meanwhile, the annualized turnover rate at large truckload fleets rose two percentage points to 99 percent in the second quarter of 2013, according to the latest edition of American Trucking Associations’ Trucking Activity Report. There’s lots going on today, so let’s go straight to the news.

This Week in Logistics News (November 4-8, 2013)

Talking Logistics

XPO Logistics Announces Third Quarter Earnings 2013. NAFTA Trade in August 2013 than in August 2012. JDA is targeting Grocery, Hardline, and Fashion/Apparel retailers with this solution, which will be generally available December 26, 2013. Forget cloud, social, and mobile.

This Week in Logistics News (June 24-28, 2013)

Talking Logistics

NAFTA Trade in April 2013. Menlo Worldwide Logistics and Temasek Polytechnic Establish Scholarship Programme, Announce 2013 Winners. Tweet The post This Week in Logistics News (June 24-28, 2013) appeared first on Talking Logistics with Adrian Gonzalez.

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

Talking Logistics

NAFTA Trade in September 2013 than in September 2012. 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. . Same-day delivery (or is it shipping?)

Japan 180

This Week in Logistics News (November 11-15, 2013)

Talking Logistics

Tweet The post This Week in Logistics News (November 11-15, 2013) appeared first on Talking Logistics with Adrian Gonzalez. Lots of interesting news to discuss today, so let’s go straight to it. Descartes Unveils Same-Day Delivery Optimization Technology.

This Week in Logistics News (July 15-19, 2013)

Talking Logistics

SAP Announces Second Quarter and First Half Results 2013. industrial economy drove revenue and operating profit below expectations [in Q2 2013],” said the company in the press release. “In

This Week in Logistics News (August 5-9, 2013)

Talking Logistics

In technology-related news, Oracle announced the new release of Oracle Retail Allocation that helps retailers “to deliver the right product, in the best assortment, for each location using real-time inventory levels along with sales and planning information.”

This Week in Logistics News (September 23-27, 2013)

Talking Logistics

Adrian Gonzalez (@talkinlogistics) September 24, 2013. Finally, according to a Bloomberg article, it seems like Walmart is having some inventory management issues. Tuesday night, I went to Staples with my daughter to buy some printer ink.

Top Warehouses in North America 2013

The Logistics of Logistics

In lean consulting, you would often find excess inventory, rework, over processing and other wasteful practices inside a warehouse. The warehouse business is made up of the following 7 service offerings: pick and pack , cross-docking , fulfillment , distribution center management , vendor managed inventory , sub-assembly and site location. The post Top Warehouses in North America 2013 appeared first on The Logistics of Logistics.

This Week in Logistics News (October 14-18, 2013)

Talking Logistics

Years from now, when we look back at 2013, we might say this was the year where logistics truly became a strategic weapon for companies. Simply put, retailers and others are taking a fresh look at their supply chain networks (and those of their partners) to better balance inventory and transportation costs with service levels that are becoming more stringent. Tweet The post This Week in Logistics News (October 14-18, 2013) appeared first on Talking Logistics with Adrian Gonzalez.

This Week in Logistics News (June 3-7, 2013)

Talking Logistics

In this week’s news… UPS Freight Announces 2013 Rate Adjustment. Cass Freight Index Report for May 2013. The rate adjustment will take effect on June 10, 2013, and applies to minimum charge, less-than-truckload (LTL) and truckload (TL) rates, and accessorial charges.”. In related news, according to the Cass Freight Index Report for May 2013: Freight payments in May were virtually unchanged from April, coming in 2.6 Welcome to June.

Why?

Supply Chain Shaman

Early 2012 marked the end of the third decade and 2013 finds us into the fourth. It comes in many flavors–increase in inventory, changes in sales policies, new product lines– all add to the complexity.

What Do We Do Now?

Supply Chain Shaman

The research that we are doing strongly supports that companies that are good at planning are better able to balance costs, inventory and customer service. Supply chain talent is a growing gap for leaders. The impact is great. The biggest issues are in mid-management roles.

Public Markets Reward Supply Chain Alignment

Supply Chain Shaman

This work will continue throughout the summer and culminate in the release of the Supply Chain Index for 36 Industry Sectors at our Supply Chain Insights Global Summit at the Phoenician in Scottsdale, Arizona on September 11-12, 2013. Today, I am proud to launch the Supply Chain Index.

How Is Your Supply Chain Chutzpah?

Supply Chain Shaman

Sometimes, in this process, they have cut muscle, not just fat, limiting the potential of the supply chain to balance costs, inventory cycles and complexity. Chutzpah: A personal confidence or courage that allows someone to do or say things that may seem shocking to others. Merriam Webster.

Why I No Longer Believe in the Gartner Supply Chain Top 25

Supply Chain Shaman

The research tries to establish “ who did supply chain best ” by looking at a weighted formula of Year-over-Year Growth, Return on Assets (ROA), and Inventory Turns for the Fortune 500 companies. Inventory Turns values are based on an average of quarterly reporting for the past year.

What About the Supply Chain Index?

Supply Chain Shaman

We used the period of 2006 to 2012 to build the model and we used the formula to attempt to predict 2013. We have found that nine out of ten organizations are stuck on their ability to make improvements on both operating margin and inventory turns in the same year.

Ariba: At the Intersection of Social and Business Networks

Talking Logistics

Last week at the Ariba LIVE 2013 conference, I led a discussion session titled “At the Intersection of Social and Business Networks” with about fifty senior executives in supply chain and procurement. Why Ariba is looking to expand into supply chain, logistics, and inventory management.

What Makes a Mature Planning Organization? (Part 2)

Supply Chain Shaman

More advanced supply chain leaders model the role of complexity (product and customer), the impact of risk, and opportunity of innovation as well as product shipping and manufacturing locations, and inventory policies. Yesterday, I finished a post on supply chain planning maturity.

How Can I Move Forward if I Cannot Align?

Supply Chain Shaman

Focus the organization on understanding the “probability and patterns of demand” and how to design push/pull decoupling points, supplier networks and inventory buffers to improve agility (focusing on form and function of inventory in the supply chain).

What Should Be the Role of the Store?

Supply Chain Shaman

More and more companies are struggling to make progress in operating margin and inventory cycles. I love retail research. While some gals would call it retail therapy, I actively converge my days of shopping with supply chain research. Let me give you an example.

Colgate: A Closer Look at Supply Chain Excellence

Supply Chain Shaman

We have significant opportunity to strengthen inventory management. Recently, I wrote a blog post that contrasted Colgate and Unilever.

CSCO Forum / 3PL Summit 2013

Supply Chain Movement

Date: 12-14 november 2013. Key Topics to be Discussed at the 2013 CSCO Forum. This year’s topics will include: Expand Your Omnichannel Retail Capabilities to Optimize Inventory & Increase Sales – Prepare your business for this retail revolution by improving network efficiency, and collaborating with your distribution partners. Chief Supply Chain Officer Forum/ 3PL Summit. Venue: Steigenberger Airport Hotel, Amsterdam. Organisation: Eyefortransport. URL: [link].

3PL 73

Infographic: The Struggle for Inventory Visibility

Supply Chain Movement

An infographic describing the struggles companies are facing trying to improve inventory visibility up and down complex, global supply chains, including highlighting actions that industry leaders have taken to improve visibility. Visuals global supply chains infographic inventory visibility

7 Supply Chain Lessons from Steve Jobs - SupplyChainOpz

Supply Chain Opz

In literal meaning, Jobs eliminated the unnecessary components which led to the reduction of inventory and smoother production process. NAVIGATE. Basics. Case Studies. Graphics. All Posts. About. Copyright. Privacy. Blogroll. 7 Supply Chain Lessons from Steve Jobs.

Logistics Company

LeanCor

2 Key Inventory Metrics Your Logistics Company Should Be Measuring. ADOH represents how much inventory a process has stored expressed in terms of how many days that process could sustain activity by consuming the stored inventory. Inventory Carrying Cost.

Logistics and Supply Chain Management

LeanCor

The seven types of waste in manufacturing are well known: overproduction, waiting, conveyance, processing, inventory, motion, and correction. Space – in lieu of processing, space becomes a value factor and excessive space for storing inventories is waste.

Inventory Optimization Maturity Curve: A Walkthrough

Logility

As I talk to customers and practitioners from all corners of the supply chain world, I find that Inventory Optimization has different meanings between companies, departments and even people within the same organization.

7 Traits of Great Supply Chain Leader: A Case Study of Tim Cook

Supply Chain Opz

The company held $500 million of inventory which was about 2 months coverage, much more than those of the other technology companies. Cook reduced number of warehouses, from 19 to 9 and slashed inventory level from 2 months to 1 month.

Things Have Changed: What Do We Do NOW?

Supply Chain Shaman

Companies that have successfully implemented demand sensing to improve the forecast at the warehouse DC have reduced inventory on the balance sheet by 10% within two years. I do not see the same results from the multitier inventory projects.

Be Part of the Solution

Supply Chain Shaman

Align incentives to focus jointly, and across the organization, on revenue, margin, inventory turns, and customer service improvement. Nine out of ten companies are stuck. They are not stuck in a good way like a label to a case. And, it is not in a minor way, like food on a plate that cannot be easily removed for the dishwasher. Instead, they are stuck in a way that cannot easily be undone. It is like gum on your shoe or a car in a snow storm.

Why It Matters

Supply Chain Shaman

A company that is effectively working a supply chain strategy will have a nice, neat pattern at the intersection of operating margin and inventory turns. While Sonoco Products is losing margin (in large part due to a tough market), they are making improvements in inventory turns.

Is Apple Supply Chain Really the No. 1? A Case Study

Supply Chain Opz

Inventories can become obsolete or exceed the anticipated demand. Inventory Turnover. Inventory Turnover is a traditional financial measure to determine how efficient company uses its financial resources to create sales, the higher number is the better. NAVIGATE. Basics.