article thumbnail

Probabilistic Forecasting: Right Fit for Your Business?

Supply Chain Shaman

Customers include Qantas, Air France, Lufthansa, and Malaysia Airlines. To meet the need, the Spairliners planning team knew they needed help in inventory planning. To provide one billion yearly components flying hours, manage over $200M inventory, and guarantee with 95-99% target for on-time delivery for their customers.

article thumbnail

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. Bed Bath & Beyond is also implementing inventory reduction strategies and is on track for a 5% reduction year-over-year by the end of the current fiscal year.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Top 13 Asian eCommerce Marketplaces

Vinculum

billion in 2017 to $200 billion by 2026. Digitization in the last decade and a half has also witnessed the emergence of Singapore, Malaysia, Thailand, Philippines, and Indonesia as other major forces in the Asian marketplace. The website focuses majorly on bulk orders that are delivered to retailers looking to stock up.

article thumbnail

7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. The only option was to try to reduce levels of inventory, which, up to that point, had been kept very high to support a nine-week order cycle.

article thumbnail

Navigating the Future in an Uncertain Political and Regulatory Environment

NC State SCRC

” In February, the GDP forecast for 2017 was 3.4% – and in April, it is 0.5%. After the US dropped out of the TPP, the other 11 countries met in March 2017 to look for a 12-1 scenario. But as he noted, “Expectations – Reality = Disappointment!”

article thumbnail

How CFOs Are Leading Manufacturing Digital Transformation

OptiProERP

Financial Controller Maxim Fisun joined Xiris , an industrial equipment manufacturer for vision systems, in 2017, and was tasked with the search for an ERP system. . They have an office in Germany, with sales agents in India and China, and are adding representation in Malaysia. Currently, Xiris is expanding its business globally.