Welcome 2019

Supply Chain Shaman

Companies cannot save their way to supply chain excellence with cost-cutting and inventory management — customer back capabilities. In 2019, here are seven trends that I will be tracking: The Horizon? Welcome to a new year. Congratulations. You made it through 2018.

Five Things You Need to Know about Inventory Optimization in the Digital Age

ToolsGroup

With all the buzz around digital transformation, someone peering in from outside supply chain may assume most businesses have already digitized essential tasks like inventory planning. This article will share five things you need to know about optimizing inventory in the digital age.

The Inventory Accuracy “Confidence Gap”

Talking Logistics

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance. And it begins with improving their inventory accuracy.

ToolsGroup to Highlight Service-Driven Supply Chain Planning at Gartner EMEA Supply Chain Executive Conference 2019

ToolsGroup

MANN+HUMMEL to Present How It Partnered with ToolsGroup to Increase Fill Rate and Cut Inventory. Gartner Supply Chain Executive Conference 2019 is the world’s most important gathering of supply chain leaders.

Automated Order Processing and Proactive Inventory Management

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

Companies should have seamless integration between order entry, inventory management, forecasting and supply planning models and purchase order status to sense risk, pull levers to mitigate potential risk, and communicate within and outside the organization. April 3rd, 2019 11.00

Regaining control: Inventory management best practices (Part four)

Kinaxis

by Richard Cushing In part one of my inventory management best practices series I argue that inventory cannot be managed until it is controlled, and present the notion our general willingness to apportion blame upon unreliable data from enterprise resource planning (ERP) systems is misplaced.

Quantum Inventory Theory?

The Smart Software

The post Quantum Inventory Theory? Physics at the quantum level is quite weird – not at all like what we experience in our usual macroscopic life. Among the oddities are “superposition”, “entanglement”, and “quantum foam.”

Regaining control: Inventory management best practices (Part two)

Kinaxis

In part one of “Regaining control: Inventory management best practices” , we talked about controlling inventory, before being able to competently manage inventory. Inventory management best practices all about getting organized. by Richard Cushing.

Top Talking Logistics Posts & Episodes (Q1 2019)

Talking Logistics

Even our most popular post, which dealt with excess inventory and yard management, had a transportation bent to it. Overall, the first quarter of 2019 proves yet again that there’s never a dull moment in this industry. In case you missed them the first time around or want to read/view them again, check out the top posts and new episodes from Q1 2019. Excess Inventory?

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Design, Operating and Situational Inventory Trade-Offs

ToolsGroup

Gartner analyst Paul Lord has developed a framework to better understand inventory trade-offs by categorizing those decisions according to the objectives they are meant to achieve: structural, operational and situational. or “How can we reduce inventory and improve our balance sheet?”.

Key Questions for a Successful Distribution Network

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

If we're going to offer the speed of shipping and variety of inventory that today's customers have come to expect, there are a lot of different questions that need to be asked. January 30, 2019 12:30 PM PST, 3:30 PM EST, 8:30 PM GMT

The Absolut Company: Balancing Service and Inventory Creates a Delicious Mix

ToolsGroup

A key factor was Optilon’s ability to integrate best-of-breed solutions for production planning, demand forecasting, inventory optimization, and replenishment into a seamless process. Blog Demand Planning Inventory Optimization Supply Chain Planning Featured

Regaining control: Inventory management best practices (Part one)

Kinaxis

by Richard Cushing It happens to be axiomatic that you cannot manage your inventory if you do not control your inventory. Managing versus controlling inventory. Inventory management best practices.

Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

There is no logical connection between inventory strategy and logistics optimization or the multiplicity of rules—allocation, ATP, inventory matching, routing—and planning engines. Second Step: Understand the Role of Inventory. Current Levels of Inventory.

This Week in Logistics News (April 8-12, 2019)

Talking Logistics

Therefore, it’s only fitting that the latest deadline for reaching an agreement has been pushed out to October 31, 2019 — yes, Halloween. The post This Week in Logistics News (April 8-12, 2019) appeared first on Talking Logistics with Adrian Gonzalez.

Regaining control: Inventory management best practices (Part three)

Kinaxis

by Richard Cushing In part one and part two of “Regaining control: Inventory management best practices”, we talked about controlling inventory, before being able to competently manage inventory.

Trends 2019: Retail

Enterra Insights

Omnichannel operations only succeed when inventory amounts and locations are known. Cognitive computing platforms, like the Enterra Enterprise Cognitive System (AILA ), can help companies with inventory management as well as myriad other challenges facing today’s retailers. ”[4] Newman adds, “Cognitive computing will grow exponentially in 2019 — and the companies who do it well will move them to the head of the pack.”

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This Week in Logistics News (March 4-8, 2019)

Talking Logistics

This data allows project44 to deliver predictive insights enabling users to eliminate costs related to demurrage fees as well as reduce inventory stock outs and manual workload. The post This Week in Logistics News (March 4-8, 2019) appeared first on Talking Logistics with Adrian Gonzalez.

Control Towers: If Only There Was A Clear Definition

Supply Chain Shaman

For example, only 29% of manufacturing companies can access total cost data and 31% struggle to see the impact of business decisions on inventory. Global Supply Chains Inventory Management Market-Driven analytics control tower performance measurement Supply chain excellence visibility

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Stop Leaking Money with Manual Inventory Controls

The Smart Software

An inventory professional who is responsible for 10,000 items has 10,000 things to stress over every day. The post Stop Leaking Money with Manual Inventory Controls appeared first on Smart Software.

Welcome to 2019: 5 Retail Trends You Need to Know Now

JDA software

That means more businesses will be honing their inventory types and levels to drive the right products closer to consumers for faster response times. Expect to see that market share increase in 2019. What are your retail predictions for 2019?

Apparel and footwear: At what point is missed sales better than excess inventory?

Kinaxis

In adidas’s recent earnings call, CEO Kasper Rorsted warned that adidas would miss its 2019 growth target because its supply chain was unable to meet the huge demand for its mid-priced apparel, especially in North America. by Harish Iyer.

QAD Cloud ERP 2019 and Other Solution Innovation Highlights

QAD

As of April 2, 2019, we are pleased to announce the availability of QAD Cloud ERP 2019, the latest version of QAD’s flagship ERP solution that includes the Channel Islands User Experience (UX) and the QAD Enterprise Platform. QAD Cloud ERP 2019 Highlights.

What is Inventory Carrying Cost?

EMERGE App

But while the newly arrived goods sit in your warehouse, did you know that there are also costs associated with keeping inventory? They are collectively called inventory carrying costs because they need to be paid to hold inventory. What is Inventory Carrying Cost?

How to Make Supply Chain Complexity Work to Your Advantage

ToolsGroup

Too many companies get locked into traditional processes and a familiar vicious cycle: unable to reliably forecast an increasing number of SKU combinations, they load up on inventory to accommodate long-tail, erratic demand. Blog Inventory Optimization Supply Chain Planning Featured

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How Demand Forecasting Helps You Manage Inventory

AFFLINK

As businesses scale, they need to investigate the accuracy of their inventory management and forecasting processes. Through better demand, an organization will be able to better manage inventory, increase revenue, and improve customer support.

Trends 2019: The Internet of Things

Enterra Insights

Ask, Nigel Fenwick, Paul Miller, Dan Bieler, Bill Martorelli and Merritt Maxim, predict, “In 2019, the term ‘IoT’ will take a back seat in the marketing lexicon, with vendors of these solutions reverting to language that describes business solutions and outcomes, such as ‘real-time asset performance monitoring’ — a combination of IoT, data, analytics, workflow, business process, and insight with recognizable and quantifiable value.”[2].

Excess Inventory? No Problem. You Have Trailers In the Yard.­­

Talking Logistics

With the national warehouse vacancy rate hovering at record lows and warehouses bloated with inventory pulled in from China during 2018 to get ahead of impending tariffs, companies can combine flexible storage options with advanced technology to create an end-to-end supply chain solution that works. But even as developers have flooded the market with new inventory, some retailers are still having trouble finding adequate, flexible space. The post Excess Inventory?

What Is The Mission?

Supply Chain Shaman

Overall results in business performance on the critical supply chain metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) are declining. Let’s start with a discussion on inventory. In Table 1, we share the comparison of inventory levels by the industry peer groups pre and post-recession. Despite the investment in technology and whiz-bang approaches, inventory levels today are significantly higher than the pre-recession period.

Distribution and Dedicated Transportation Outlooks: 2019

NFI

Guest Blog: William Mahoney, Senior Vice President, Sales at NFI Distribution Outlook Inventory levels in 2019 will continue to grow creating the demand for more third-party warehousing space in the coming year. Inventory.

Key Automotive Attractions and Pit Stops at Explore 2019

QAD

We have a lot in store for you and your colleagues, so please consider this roadmap of key attractions and pit stops for this year’s automotive sessions at QAD Explore 2019. The post Key Automotive Attractions and Pit Stops at Explore 2019 appeared first on QAD Blog.

Excess Inventory? No problem. You have trailers in the yard.­­

PINC YMS

With the national warehouse vacancy rate hovering at record lows and warehouses bloated with inventory pulled in from China during 2018 to get ahead of impending tariffs , companies can combine flexible storage options with advanced technology to create an end-to-end supply chain solution that works.

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The March of the Lemmings.

Supply Chain Shaman

Manufacturing companies are statistically less satisfied with their S&OP processes in 2019 than they were in 2016 at a 90% confidence level. Effectiveness of S&OP Processes in 2019 and 2016. Lemmings are misunderstood. So are supply chain leaders. What is a lemming?

Tackling Item Complexity

Supply Chain Shaman

Stuck, the company struggled with customer service levels and high inventory write-offs. The process helped World Kitchen manage inventories through bankruptcy filing in 2002. Welcome to 2019! Personalization. Market microsegmentation. New product launch.

7 Reasons Panama is the Latin American Supply Chain Capital with Demo Perez

The Logistics of Logistics

Latin American consumers will say the same thing, so we need inventory close to them. [00:20] Opening / Introduction. [00:51] 00:51] Tell us about yourself and what you do in Panama. I was born and raised in Panama and manage a 3PL.

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