article thumbnail

Inventory is Everything with Jeff Flowers

The Logistics of Logistics

Jeff Flowers and Joe Lynch discuss why inventory is everything. Key Takeaways: Inventory is Everything. In the podcast interview, Jeff explains the importance of effective inventory management to supply chains. Inventory is tricky – buy too little and miss out on potential sales, but buy too much and your carrying costs rise.

article thumbnail

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. The Inventory Accuracy “Confidence Gap”.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Warehousing News Roundup: April 22, 2019

Stord

The use of predictive analytics in supply chain operations rose by 76% from 2017 to 2019 , according to survey data. Warehouse construction in the United States finally outpaced demand over the past three months. Warehouse construction in the United States finally outpaced demand over the past three months.

article thumbnail

Trends 2019: Retail

Enterra Insights

Douglas Pitassi ( @DouglasPitassi ) explains, “[During the first part of the 21st century,] thousands of stores were opened across the United States, but in more recent years, the advancement and popularity of the internet have taken these stores into a roller coaster of competition, where it truly has become survival of the fittest.”[1]

Trends 100
article thumbnail

A New Decade: Give Science A Chance

Supply Chain Shaman

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Both companies outperformed their peer groups.

article thumbnail

2019 Supply Chain Logistics Trends

Clear Spider

As 2019 draws to a close, we can begin to celebrate the coming of the new year…but not before reflecting on the 2019 supply chain logistics trends of the past 12 months! 2019 Supply Chain Logistics Trends. Want to learn more about Inventory Management Solutions ? The overall cost of supply chain logistics rose 11.4%

article thumbnail

Why Innovation is the Name of the Distribution Game in 2019

Stord

Meanwhile, the biggest companies in the world continue to invest resources in reducing shipping times even further, ensuring that customer expectations will remain high, and likely increase, in 2019. To meet these high standards, shippers must position inventory near their customers to speed delivery and lower last mile costs.