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We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. In fact, the logistics space is so broad, we couldn’t give you only the top 10 blog posts of 2014, but we had to include the top 15. Top 15 Logistics Blog Posts of 2014.
But shippers looking to avoid disruptions and ensure that tight inventory levels don’t lead to missed sales opportunities pulled their orders forward. As companies look ahead to the next three to six months, they’re weighing costs, risks, and demand as they plan and adapt their inventory strategies.
Best Pick and Pack Shipping Systems for 2014. Order fulfillment has seen a rise in technology in 2014 and there is now a large offering of advanced products to help make your warehouse function more efficient. Chirag Patel from Fairway Fulfillment & Logistics explores three popular pick and pack shipping systems in 2014.
Despite the evolution of technology, none of the 28 industry segments I follow can drive improvement at the intersection of operating margin and inventory turns. Note the fall in 2014-2019. Figure A: Beverage Industry Aggregate Industry Trend 2014-2023 Figure B. Change is Hard. Unlearning is Tougher. Guess what?
By 2014, the company had purchased the Coupa solution, developed an internal modeling team, and created data extraction and cleansing routines. Interestingly, the inventory analysis often shows that for slow-moving products, centralizing those SKUs in a central storage location increases reliability despite the increase in lead times.
The post Best of the Best Supply Chain Blog Posts of 2014 appeared first on The 21st Century Supply Chain. Control tower General News Inventory management Miscellanea Supply chain comedy Supply chain management 3D printing Carbon footprint Catering Dnata Dubai Efficient energy use Energy Innovation Lagos Supply chain'
Source: “Sustainability and Green Initiatives in Transportation & Logistics,” Jason Mathers, EDF, Ryder Innovate 2014. Inventory (inventory management policies and practices, optimizing inventory flow). The post Insights from Ryder Innovate 2014 appeared first on Talking Logistics with Adrian Gonzalez.
A Hi-Tech Company’s Control Tower Helped It Better Manage Air Cargo During the Worst Days of the Pandemic In 2014, one of the world’s largest high-tech manufacturers started thinking about a digital transformation that would help them better serve their customers while also generating operational efficiencies.
While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management?
Are we fully prepared to tackle Holiday 2014 in a better way? The final delivery capacity problem for Holiday 2014 does not result in a solution to the Holiday 2013 problem. Lack of discipline: There is hope that nationwide parcel carriers have better discipline in 2014 than 2013, but this is not yet clear. The Network Effect'
HighJump Software announced enhancements to its Retail Inventory and Point of Sale Management software, RETAIL vantage. The post This Week in Logistics News (August 4-8, 2014) appeared first on Talking Logistics with Adrian Gonzalez. Boeing, United Technologies stock up titanium parts from Russia ( Reuters ).
Reports 2014 First-Quarter Results. XPO Logistics Announces First Quarter 2014 Results. Enterprise-wide inventory visibility to inventory and orders, coupled with profitable order promising logic to help achieve customer satisfaction without sacrificing margin. . In 3PL news, Con-way reported Q1 2014 results this week.
In 2014, ecommerce strategies grew in importance. Get Good at Having a Real-time Perpetual Inventory Signal. Foundational for ecommerce is a real-time perpetual inventory (PI) signal. If you are going to be excellent at ecommerce fulfillment, you need to have great perpetual inventory capabilities. Details matter.
Dhruv and co-founder Divey Gulati founded ShipBob from their apartment, going to extreme lengths to get the startup off the ground in 2014 – including marathon coding sessions and poaching their first ShipBob customers while they waited in long lines at post offices to ship their packages! Learn More About The ShipBob Story.
Next week, I’ll be speaking at the Ryder Innovate Forum in Chicago and the Elemica reveal 2014 conference in Frankfurt. August 2014 Freight Transportation Services Index (TSI). August 2014 freight shipments were up 3.8 DHL launches freight capacity management program in the light of rapidly increasing trade volumes.
What’s the difference between traditional inventory planning and inventory optimization? Optimizing your inventory is a different beast than simply planning your inventory. They face a complex distribution network and optimizing inventory for each location is challenging. Anyone can come up with a plan.
Wikipedia In 2014, I was exploring methods to publish what is now the Supply Chains To Admire report. The second part of the story is that inventory turns for Lenovo are 10.8, Ranking at #13, PepsiCo outperforms on inventory turns, but performance is declining. but declining. Let’s take a look at PepsiCo.
North American Freight Numbers July 2014. Moving on to omnichannel fulfillment, Manhattan Associates introduced Available to Commerce™ , which gives retailers “the power to offer specific units of inventory available for sale in the most appropriate channel (online, store, same-day delivery, etc.)
2014 is coming to a close and as we herald in the New Year, shippers (manufacturers, retailers, and distribution centers) around the country are busy gearing up for the holiday season and have holiday logistics best practices on the brain. Make your Inventory Omni-Channel. Get out From Behind the Desk.
October 2014 Freight Transportation Services Index (TSI). Pentant also helps customers meet UK Revenue & Customs requirements for imports and exports to be managed through an approved inventory control system for the ports of Dover, Portland, Poole, Plymouth, Teignmouth, Bideford and Scrabster, as well as London City and Warton airports.
I also continued to work on the manuscript for the book Metrics That Matter to publish in the fall of 2014. The average client that has implemented demand sensing technologies has reduced inventory by 11%. Demand demand planning demand sensing inventory management inventory reduction' It makes a difference.
P&G did not appreciate the work Gilette accomplished on form and function of inventory and using market signals. As a result, the company’s performance at the intersection of margin and inventory turns was circular for the past decade. One of my favorite case studies was Campbells in 2014. So, bear with me.)
The impact of complexity on inventory is not quick. To help, today I want to share some of the insights from our recent Inventory Optimization study. Inventory management is a hot issue. Companies invest in project after project, yet inventory levels remain the same. What Drives Inventory Effectiveness?
What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits.
‘SCM World, Innovative Approaches to Supply Chain Risk, Geraint John, July 2014′ SCM World has published a report (login required) ‘Innovative approaches to Supply Chain Risk’ authored by Geraint John, Senior Vice President, Research that outlines an approach to bring your supply chain risk management to the next level of maturity.
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?
This trend was certainly evident at GT Nexus’ Bridges 2014 User Conference last month. Driving towards an In-transit Inventory Allocation Model. Social Media Supply Chain & Logistics Trends Supply Chain Technology Trends Bridges 2014 Greg Johnsen GT Nexus Hewlett-Packard HP social networking social supply chain'
ARC Advisory Group began conducting formalized research on the global warehouse automation market in 2014. In my own defense, things kind of took off after 2014. Inventory Management in a High Inflation Environment ; Clint Reiser. Opinions of just-in-time (JIT) as a practice has taken a battering and inventory is rising.
At the same time, companies have been forced to pull forward inventory purchases, creating a squeeze where carrying costs are up while cash flow is tight. Until a trailer is unloaded and the warehouse records that inventory, it’s not reflected in the companys warehouse management systems.
It is a quest and the subject of my next book, Metrics That Matter , that will publish in September, 2014. 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. Why Does It Matter? However, the research has taught us a lot.
In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. In the research for my inventory optimization report, the lowest level of satisfaction with multi-tier inventory optimization is with clients of the SAP inventory solution (previously purchased from SmartOps).
Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Inventory. My takeaway?
Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. Orbit Chart for SanDisk for 2006-2014. This included monthly reviews between business units and central operations teams and adaptive inventory segmentation policies.
Amidst ongoing uncertainty caused by COVID-19 lockdowns in Asia, war in Europe, scarce raw materials and steep inflation, companies are stockpiling inventory as never before in the hopes of mitigating future supply chain shocks. As soon as inventory hits the yard, it gets lost in a shuffle of trailers.
” Hau Lee, October 2014. Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Harvard Business Review. What did we find? To take action focus on these ten processes: Balanced Scorecard.
Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. Recently, I spoke to a major European retailer that lost 5% of their grocery revenues to Amazon in the first quarter of 2014. They are slow to adapt.
To keep a healthy inventory level, you don’t want to cast rare steel grades too frequently. The goal of campaign planning is to find the optimum balance between productivity, inventory and customer satisfaction. We’re conducting a research study with steel and aluminum companies for our 2014 Campaign Planning Report.
percent annually between 2010 and 2014. trillion in 2014. Changes in transportation and storage of inventory costs made up significant portion of the 2016 SOL. Inventories are a major issue analyzed by the 2016 SOL as well. Yet, the inventory cost increased in 2015 by 5.1 Slow Growth Rate and Low Percentage of GDP.
This week, I have been reviewing supply chain strategy documents for companies planning their 2014 strategies. 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. It starts with leadership. Cross Train.
On September 9–11, 2014, 110 supply chain visionaries will gather in the desert at the Phoenician Hotel in Scottsdale, Arizona to think differently and define the future of supply chain. Today, 90% of publicly-traded companies are stuck at the intersection of operating margin and inventory turns. It is needed.
According to a survey by Deloitte from 2014, 79% of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. Supply Chain Strategy In 2014, a survey by Tompkins Consortium delivered a shocking revelation. The Top 7 Supply Chain Points to Address for Business Success 1.
It is tough for me to see that nine out of ten companies are stuck, and not making progress, at the intersection of operating margin and inventory turns. The book publishes in December 2014. Join us next week for our webinar on Supply Chain 2020.
It is 2014. Nine out of Ten Companies are Stuck at the Intersection of Operating Margin and Inventory Turns. The investment in supply chain planning is growing by 55% in 2014, yet 56% of supply chain leaders report that it is focused on the work with their strategic vendors which are most often the ERP provider.
By 2014 there were some 800,000 item-locations in its core bearing business, in some 40 installations of five+ different ERP systems around the world. Establish the digital twin The next step was bringing the supply chain network map to life by adding operational data: details like open customer orders, goods-in-transit, and inventory levels.
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