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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?

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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?

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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
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Editor’s Choice: It’s time for traditional inventory management to evolve!

Logistics Viewpoints

This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. According to recent statistical data, vacancy rates for industrial real estate across North America have been declining since 2020 and reached an all-time low in the third quarter of 2022.

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Using Technology to Integrate Your Return Management Strategy

GlobalTranz

Supply chain leaders have faced significant challenges in the past, and in 2020, the coronavirus pandemic spotlighted the need for supply chain resilience and integration. Among these, an integrated return management strategy can make or break successful operations. Use Real-Time Data to Inform Your Returns Management Strategy.

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2021 Strategies for Inventory Management and Supply Chain Recovery

EazyStock

You already know the biggest supply chain disruption of 2020: the COVID-19 pandemic. The prevailing effects of COVID-19 are uncertainty and disruption; the key to planning ahead for 2021 will be to analyze the effects of 2020. Supply Chain Performance: Reviewing 2020. Optimize Inventory. But ‘back to normal’?

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What are the best Supply Chain Strategies for 2021

ivalua

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? At the time, this article is being drafted, COVID-19 Cases have topped 59M, underscoring how much the world has endured in 2020. As we began to study supply chains, it became obvious why the supply chain strategies have evolved in this fashion.