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This Week in Logistics News (June 11-15, 2018)

Talking Logistics

In the meantime, here’s the supply chain and logistics news that caught my attention this week: Home Depot Sets $1.2 Driver pay has surged so far in 2018, NTI reports, with gains expected to continue (CCJ). Capstone Logistics acquires LoadDelivered, Logistical Labs (CCJ). Billion Supply-Chain Overhaul (WSJ – sub.

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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. Types of Seasonal Demand.

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Supply Chain Planning Solutions are Not Just for the Big Boys

Logistics Viewpoints

At Dow, Mr. Baker had Purchasing experience in raw materials, and logistics for their plastics supply chain. There was limited demand planning that tied back to our actual manufacturing capabilities,” Mr. Baker explained. That meant Myers had limited capabilities when it came to sales & operational planning (S&OP).

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Megatrends Reshaping Supply Chain Management

Logistics Viewpoints

Companies are beginning to explore on-demand manufacturing rather than traditional manufacturing models, meaning they can keep less physical inventory on-hand. billion in 2018. Last mile logistics challenges is not just about ecommerce, it is also about urbanization. Its list of accomplishments is staggering.

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What’s the Difference Between Logistics and Distribution?

Supply Chain Game Changer

Check out What’s The Difference Between Logistics and Supply Chain Management? What is the difference between Logistics and Distribution? Without consulting a dictionary both Logistics and Distribution suggest imagery involving the movement of goods. Subscribe Here! Email Address. Infographic). ” [link].

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Supply Chain Talent Matters More than Ever

Logistics Viewpoints

AGCO Logistics Team Accepts Prestigious Supply Chain Award. Greg Toornman – vice president global materials, logistics and demand planning at AGCO – told more of this story in a panel at ARC’s Supply Chain Forum. They soon saw that by repositioning inventory they could solve all their problems except for one.

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Observations on Artificial Intelligence in the Supply Chain Market

Logility

billion by 2025, growing at a CAGR of 46% between 2018 and 2025. Machine Learning has been used to improve demand forecasting since the early 2000s. Demand Planning applications rely on a series of algorithms to take historical shipment data and turn it into a forecast. The answer is yes. Why the slow uptake?