article thumbnail

Getting Ready for 2017: Reflections on Telling Lies

Supply Chain Shaman

New Year’s Eve is a time for parties. They were largely driven by my ignorance (at the time) and situational learning. As a result, each time someone uses the word, you should ask for a definition. In a nutshell, the research states there is a correlation between cost, inventory, and forecast performance.

article thumbnail

Embracing the Supply Chain as A Complex Non-linear System

Supply Chain Shaman

However, writing it is a great time to get into industry patterns and think. However, writing it is a great time to get into industry patterns and think. With surgery, I just never got to the report finished. The report was scheduled to publish in the summer of 2023, but life got in the way. The full report publishes this week.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Top 6 Trends in Logistics Impacting Shippers in 2017

GlobalTranz

The election is over, but the race is just starting for logistics providers. Although rate volatility is expected to stabilize in 2017, organizations must do more with fewer resources to survive. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers.

article thumbnail

The Top 10 Supply Chain Blog Posts from 2017

GlobalTranz

We will feature over the next 4 business days each category's most viewed posts over the course of 2017. These will only contain posts written in 2017. These will only contain posts written in 2017. There were approximately 220 blog posts in 2017, and over 360,000 page views on those posts alone. Share This: Read More.

article thumbnail

This Week in Logistics News (September 24 – 30)

Logistics Viewpoints

The adult themed boxed meal will be available for a limited time from October 3 – 30. And for those of you that care about more than just collecting the toy figures – customers can choose between a Big Mac or a 10-piece McNuggets meal that comes with medium fries and a drink. And now to this week’s logistics news….

article thumbnail

Real-Time Inventory Management: 5 Ways Advanced Computer Analytics Will Transform Traditional Inventory Management

GlobalTranz

Manufacturers have always struggled to obtain the most accurate inventory levels possible. A need for real-time inventory management has arisen, but until now, we didn't have a way to make it a reality. Let’s take a closer look at why such systems have the power to radically change standard inventory management operations.

article thumbnail

Retail Inventory Shrinkage Remains a Problem

Enterra Insights

For the last few years, inventory shrinkage has annually cost U.S. retailers just under $50 billion combined. ” Regardless of how inventory is lost, shrinkage costs retailers a lot of money. To reduce shrinkage, retailers need to have a strategy to address each of the ways inventory can be lost. Human errors.