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MRO Inventory: What It Is & The 10 Best Practices to Manage It

Unleashed

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

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Piecing Together the SIOP Process

The Logistics & Supply Chain Management Society

Sales, Inventory, Operations Plan (SIOP) is a process within many successful supply chain organizations that recognizes the integral relationship between all departments in the company, but how do you piece together an SIOP process? SIOP stands for “Sales, Inventory, Operations Plan”, not to be confused with “S&OP”.

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Reverse Logistics: What is it, and Why is it So Important?

Unleashed

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. What steps make up the reverse logistics process?

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One Multinational’s Supply Chain Transformation Journey

Logistics Viewpoints

For some customers, they manage the inventory using a vendor managed inventory program. In some case they manage inventory at the customer’s site. “We The company also needs to drive cash efficiency and improved productivity. This year’s Kinaxis user conference, Kinexions, is May 9-12, 2022 in San Diego. .

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What is Lead Time? Definition & How to Shorten It

Unleashed

It includes everything from the procurement of raw materials to production, inventory management, and shipping. Managing and optimising production lead time involves balancing factors like production capacity, inventory levels, and operational efficiency to achieve the desired lead time while delivering items of high quality.

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The State of the Trucking Market in 2021

GlobalTranz

The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? Capacity Constraints Continue to Arise. Capacity constraints continue to come under microscope as shippers look for a better understanding to the state of the market.

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5 Reasons Why Data for Supply Chain Is More Important Than You Think

Elementum

For supply chain, accountability has two main venues: Internal Accountability: Supply chain is almost always (much) more decentralized than other functions, like planning, manufacturing, logistics, etc. For every business, there’s now an existential connection to continuous improvement. Want to Learn More?