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

Assess your Inventory Optimization Process with This Quiz

AIMMS

Inventory management has always been challenging. The supply chain shocks of 2020 brought this challenge into focus. Too often, inventory is viewed from an aggregate position, likely driven by finance, who are concerned about working capital implications. How does your inventory optimization process score?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Beware the Swinging Pendulum on Supply Chain Inventory Practices

Logistics Viewpoints

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?

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
article thumbnail

10 Huge Benefits of eCommerce Businesses for Retailers & Buyers – LogiSYM August 2020

The Logistics & Supply Chain Management Society

No Inventory Cost. Inventory cost is from minimal to zero in online businesses. For business owners who has inventory in hand, it is important of having the sales turnaround so that cash flow can now be more fluid, holding the stock in hand and not selling them are liabilities to the business.

Retail 248
article thumbnail

How Do You Plan for the Unpredictable? Advice for Supply Chain Planners in 2020

ToolsGroup

Inventory (and therefore customer service level attainment) has faced unprecedented stress this year. This requires companies to make faster proactive decisions across all of their SKUs and locations in order to make the best use of available inventory given the new constraints of supplier performance and demand variability.

article thumbnail

[PODCAST] Inventory Forecasting Lessons for Improved Supply Chain Network Optimization

GlobalTranz

Listen to “Inventory Forecasting Lessons for Improved Supply Chain Network Optimization” on Spreaker. The post [PODCAST] Inventory Forecasting Lessons for Improved Supply Chain Network Optimization appeared first on Transportation Management Company | Cerasis.