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.

Top Talking Logistics Posts & Episodes (Q1 2019)

Talking Logistics

Based on the top Talking Logistics posts and videos this quarter, it’s clear that transportation management remains a hot topic of interest — everything from how to navigate the twists and turns of the market to how to leverage transportation management systems (TMS) and emerging technologies to drive continuous improvement. Even our most popular post, which dealt with excess inventory and yard management, had a transportation bent to it. Excess Inventory?

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

Talking Logistics

If you’re a robot looking to write a guest commentary for Talking Logistics, please contact me. Therefore, it’s only fitting that the latest deadline for reaching an agreement has been pushed out to October 31, 2019 — yes, Halloween. Today’s post was written by a robot.

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

Talking Logistics

And with that, here’s the supply chain and logistics news that caught my attention this week: Walmart Toughens Delivery Demands for Suppliers (WSJ – sub. P&G and Wayfair: More Shippers Taking Direct Control of Logistics Operations.

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?”.

Freight Data Trends for 2019 and How a TMS Will Grow in Value

Cerasis

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause.

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Number-one Talking Logistics post of 2018!

PINC YMS

In the very last days of 2018, we received a very flattering note from Adrian Gonzalez informing that our CEO's guest article landed the number-one position on the Top 10 Talking Logistics posts of 2018 ! Talking Logistics digital inventory digital supply chain inventory robotics

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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.

PINC is a Food Logistics’ FL100+ Top Software and Technology Provider

PINC YMS

Leader in digital yard management and inventory solutions recognized as critical for companies in the global food and beverage supply chain. food logistics fl100 digital yard management yard management system inventory robotics

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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?

Supply Chain Visibility: Beyond “Where’s My Truck?”

Talking Logistics

How are companies leveraging supply chain visibility to deliver business benefits not just in transportation but across other supply chain and logistics functions? Now customer service can log into our system and see what is happening [without having to call logistics],” says Matt.

Transportation in 2019 and Beyond: Key Factors Impacting Supply and Demand

Talking Logistics

As we begin 2019, what are the key lessons learned from last year, and what trends and factors should shippers keep an eye on to make sure they’re able to respond effectively to whatever happens in the transportation market in the weeks and months ahead? Robinson , in a recent episode of Talking Logistics. But what also came out of the session was a feeling that with new capacity now coming on-line, we should see better balance in 2019. What to watch for in 2019.

3 Supply Chain Trends to Keep on Your 2019 Radar

Logistics Bureau

3 Supply Chain Trends to Track in 2019. Source : Logistics Management 2018 Distribution Center Survey. . Adoption of the latter two solutions is gaining momentum as logistics operators seek to make warehouses work smarter rather than harder.

The Digital Transformation in Logistics: Technologies, Barriers and Predictions!

Supply Chain Game Changer

The path to increased operational efficiency and customer satisfaction lies in the digitalization of logistics workflows. Emerging Technologies in Logistics & Their Potential Impact. trillion on logistics and supply chain within the next five years. Subscribe Here!

Ingredients of a Successful Supply Chain: Transparency, Visibility, and Traceability

Talking Logistics

Imagine a world where real-time order confirmations, inventories, schedules, material origins, material properties, properties in transit, proof-of-delivery, quality assurance, invoices, and payments all come together to form an end-to-end digital story.

Examining LogiPharma 2019 – Top 3 symptoms you caught the life sciences supply chain bug

Kinaxis

With LogiPharma 2019 in the books, a big congratulations goes out to all the organizers, speakers, vendors and attendees for a successful event. LogiPharma 2019 featured a strong lineup of speakers and life sciences supply chain industry experts who delivered valuable and relevant content, spurring attendees to participate with passion while host (and former Premiership Rugby match official) David Kurk injected a good dose of energy and humor to keep things moving. by Bill DuBois.

How Artificial Intelligence and Global Economic Factors Affect Inventory Optimization

ThroughPut

Through the targeted use of Artificial Intelligence (AI), Machine Learning and other technologies, leading global innovators are constantly trying to enhance the effectiveness of their inventory management.

Peak Shipping Season: A Review of Trends from the 2018 Holiday Peak Season

Cerasis

We will delve into what will set third-party logistics providers apart in the coming year, and what to expect as e-commerce continues to merge with brick-and-mortar retail. We will turn over each stone and consider how innovative technology will shape the future of shipping and logistics.

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How GST (Goods and Services Tax) Has Affected Logistics in India!

Supply Chain Game Changer

Over time it was understood that this was much needed and it actually helped in organizing and setting up different logistics and transport sectors to speed up their overall processes. From the movement of trucks to managing a good economic supply chain, GST affected logistics in a great way.

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For Cummins, PINC Yard Management System is a Game Changer

PINC YMS

Bridget McCrea, editor at Logistics Management Magazine, brings to life an very interesting story about how trailer yards have become a vey important part of inventory visibility across the supply chain.

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26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Logistics can be traced all the way back to the Greek and Roman empires , but it’s undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. ” Meet Our Panel of Logistics Pros: Brian Jessup.

A Holistic Approach to Freight Savings with Mike Eberl

The Logistics of Logistics

02:44] What was your first job in logistics? My first logistics job was at an airport. The holistic view of shipping compelled us to engage with every stakeholder touched by the logistics function. [11:44] [00:21] Opening / Introduction. [00:42]

Supply Chain Management Trends 2019

EazyStock

What are the primary supply chain management trends for 2019? Let’s dig into the future supply chain trends that could transform your supply chain and logistics operations! Distributed Inventory. Are you ready for 2019?

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Improve Your eCommerce Inventory Control by Avoiding These Common Mistakes

Unleashed

Inventory is the necessary part of any business and proper eCommerce inventory control is one of the essential components for business growth. A crucial element of this inventory control is ensuring consistency of stock across all sales channels. With the 24/7 shopping convenience of online stores, eCommerce inventory control is more significant than ever before. eCommerce inventory mistakes. Improper inventory tracking. No inventory transparency.

Seeking Logistics Perfection

Enterra Insights

Logistics professionals could adopt that statement as their motto. Half-a-decade ago, Apptricity analysts wrote, “In the world of supply chain and logistics management, perfection remains an elusive goal. ”[1] Between then and now, logistics has become a focal point in today’s e-commerce environment; but, the perfect order remains the elusive ideal. “Logistics companies cannot afford not to be innovative,” he explains.

Omni-Channel Logistics Leaders: 5 Key Insights to Improve Inventory Performance

Supply Chain 24/7

This joint research study, conducted by LEGACY Supply Chain Services and Adrian Gonzalez of Adelante SCM, examines and provides insight into leading inventory management challenges, opportunities and best practices

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How Setting Par Levels Can Help Improve Your Inventory Control

Unleashed

Interestingly, par is also applied to inventory management. Par represents a level of inventory stock that is normal to have on hand to prepare you for any given circumstance. If your inventory stock levels go below the determined par level, this is a sign that more inventory stock is needed. The par level is ideal for maintaining a healthy balance of inventory stock. Business Tips inventory classification inventory control inventory management safety stock

Predictions for 2019: What Will the Year Have in Store for Global Shipping?

Transportfolio

With the continued increase in supply chain complexity and greater pressure to keep inventories lean and accelerate shipments, is your supply chain ready for what 2019 has in store? Visibility will help overcome major disruptions to supply chain logistics.

Centralised Inventory Management: Is it right for you?

Unleashed

Inventory management is a game changer when it comes to retail profitability. When your inventory is managed well, other parts of your business reap the benefits. However, the importance of inventory management isn’t always appreciated and can be overlooked by business owners. This is interesting because, from a financial point of view, inventory is one of your greatest assets. If you overstock your inventory, this becomes a liability.

Applying Lean 6 Sigma Principles to the Supply Chain

Logility

As Director of Logistics and Planning, part of my responsibilities were to manage our relationships with outsourced manufacturing partners including quality. To many supply chain professionals, minimizing waste equates to removing inventory.

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The Journey to Global Supply Chain Visibility

Talking Logistics

Those are just some of the questions I discussed with Julian Duerschmidt, VP Global Supply Chain Optimization at GEODIS , in a recent episode of Talking Logistics. Anyone who has been in the logistics industry for a while knows that achieving global supply chain visibility is the ultimate promised land, but few, if any, companies have reached it. Julian comments, “When you have visibility to your inventory, your planning can become more robust.

Executives see AI, Cognitive Analytics and Cloud as the Path to Innovation and Speed to Market

JDA software

In fact, end-to-end visibility and traceability was the top investment objective of surveyed retail, manufacturing and third-party logistics CXOs for the second year in a row. Logistics Manufacturing Retail Thought Leadership 3PL manufacturing retail

Is Your Supply Chain Customer-Centric?

DynaSys

Successful salespeople tend to sign contracts without worrying about the logistical aspects affected by the conditions of the contract, which is a thorn in the foot for logistics who must comply with the terms of the contract.

How vehicle customization will drive the supply chain of the future

Kinaxis

Second, the bespoke world of customization is a challenge to the supply base from concept development, to production costs amortization, to validation in a short and at times a one-piece production run, to logistics costs. Planning and managing inventories.

Mid-market companies leapfrogging supply chain planning maturity stages

ToolsGroup

Here are some examples of mid-market companies that have made the leap to high maturity levels: Automotive importer Lubinski had a simple policy of holding 100 days of inventory for every item, augmented by classic ‘ABC’ modeling that proved complex and time-consuming.

Deliver On-Time and In-Full with a Retail Consolidation Program

Talking Logistics

Robinson , in a recent episode of Talking Logistics. No industry is going through as much turmoil and change as retail, with the possible exception of the logistics industry that must serve the ever more demanding retail requirements. I therefore began our discussion be asking Linus to share his thoughts on the retail logistics scene. This requires managing upstream inventory in very different ways than previously.

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Automation in the supply chain to get major boost in 2019

EFT

A new report and industry survey from eyefortransport finds that automation is the top investment priority for retailers and manufacturers in 2019, particularly within the warehouse. To find out more about the state of retail in 2019, download the free report now.