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Digital Transformation Helps with Corporate Alignment

Enterra Insights

For example, manufacturing may be tasked to fill all orders which requires having inventory on-hand in distribution centers. However, distribution centers may be given the conflicting task of minimizing excess inventory space and cost. An objective function scores an outcome’s utility so the best outcome can be chosen.

Columbus 100
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Supply Chain 4.0: The Supply Chain of the Future

Enterra Insights

Jennifer Overstreet, Director of Digital Content at the National Retail Federation, reports Li & Fung, CEO Spencer Fung, told participants at a 2018 NRF conference, “The supply chain will become faster, digital and more innovative. 2] Staff, “ The Basics of Supply Chain 4.0 ,” Thomas , 3 December 2018. [3]

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Seasonal Inventory and 7 Ways to Manage It Effectively

ToolsGroup

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

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10 Ways IoT Can Improve Supply Chains

IQMS

Blockchain shows potential for increasing the speed, scale, and visibility of supply chains, eliminating counterfeit-goods transactions while also improving batching, routing and inventory control. Improving track-and-trace reduces the need for buffer stock by providing real-time visibility of inventory levels and shipments.

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Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

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3 Stats That Prove the Need for a Digital Control Tower

Talking Logistics

With more complexity being added every day, Digital Control Towers offer a single source of truth about your orders, ensuring real-time events management across all milestones and parties so that you can truly manage by exception. He has a PhD in distributed systems for integral inventory management from Eindhoven University of Technology.

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Seasoned Leadership in Actionâ„¢! An Interview with Skip Boothby!

Supply Chain Game Changer

He works from Boston and Palm Beach, and be reached at bryceboothby@gmail.com. Some parts were manufactured internally and most others were sourced around the world. This drove our decision to enter into sourcing services, vendor management and supplier owned inventories. © Copyright Mortson Enterprises Inc, 2018.