article thumbnail

Inventory Everywhere, But Not the Right Product to Ship

Supply Chain Shaman

Bloated inventories. Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. The larger the number of days of inventory, the greater the cash drag.) Changes in Inventory Year-end inventory values by industry from Y Charts. The story continues. Rising inflation. Next steps?

article thumbnail

Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. When it comes to inventory management, each piece must operate as a part of a global integrated system to be most effective.

Modeling 270
Insiders

Sign Up for our Newsletter

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

article thumbnail

Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

A clear definition of purpose and alignment of business process to corporate strategy is an apparent characteristic of companies that outperform. The broader the definition of end-to-end strategy and the alignment of supply chain processes drives value. It is not as simple as trading-off inventory, cost, and customer service.

article thumbnail

Five Inventory Optimization Secrets for Aftermarket Parts

ToolsGroup

It’s notoriously difficult to optimize inventory for aftermarket parts. Read on for our five inventory optimization secrets for aftermarket parts. Five Inventory Optimization Secrets for Aftermarket Parts. Sporadic demand and escalating SKU counts challenge distributors’ ability to economically carry the right inventory.

article thumbnail

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. This webinar will cover: Strategies for making high-level decisions about your network design and inventory distribution.

article thumbnail

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. ”[3]. Cognitive computing. ” Automation.

Trends 100
article thumbnail

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