Supply Chain Shaman
APRIL 9, 2021
Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Sadly, most of it is the wrong inventory. Despite spending 1.1% Alignment Barriers.
EazyStock
OCTOBER 20, 2020
Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? 6 Inventory Control Techniques to Optimize Stock Levels.
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Supply Chain Shaman
FEBRUARY 28, 2021
For example, Vendor Managed Inventory (VMI) systems, a useful stream of customer data, do not connect to planning. Success happens when the right question is aligned to the right analytical technique with a clear definition of what makes a better decision. These definitions are cursory discussions of very complex topics within AI.
Talking Logistics
JANUARY 8, 2015
Two major shifts are changing the face of global transportation management as we know it: Supply chains are becoming increasingly complex, relying on partners and data beyond the four walls of the enterprise; The very definition of global transportation management is broadening and expanding well beyond the traditional TMS scope.
Supply Chain Shaman
MARCH 28, 2016
” The journey for value requires a clear definition and analysis of what is possible. To help, in this post, we provide you with some insights for the period of 2006-2015. In our analysis, only one out of ten companies successfully improves operating margins and inventory turns at the same time. A Look at History.
Supply Chain Shaman
DECEMBER 23, 2014
When your phone rings, and you and your supply chain team is called to the corporate office to talk about the expansion of your ecommerce strategy for 2015, here are my recommendations: 1) Embrace the Each. Get Good at Having a Real-time Perpetual Inventory Signal. No matter where inventory is, put it to work.
Supply Chain Shaman
JULY 19, 2015
Let’s start with a definition. A common definition is essential. Like the definition of benchmarking at the top of this post, we believe that the use of an industry standard is essential. However, for elements like forecast error, customer service and slow-moving inventory self-reported data is not sufficient.
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