Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

The 21st Century Supply Chain

by Jeswin Philip The Food Packaging Trends and Advances report from PMMI forecasts that the US Food and Beverage industry will experience a 2.9 % CAGR through 2022. What is vendor-managed inventory? Let’s take a closer look at a vendor-managed inventory case study.

How to Change Your Inventory Management Strategy in the Omnichannel Era

Elementum

e-commerce market has nearly doubled in size since 2011, and is forecast to grow to $737B by 2022. As recent losses by H&M and other major brands illustrate, poor inventory management can be a major cause of financial distress. The U.S.

The Interrelated Issues Facing the Trucking Industry

PLS Logistics

The American Trucking Association projects that the trucking industry is poised for serious growth by 2022. The forecast suggests that overall revenue for the industry will rise almost 66% and tonnage will increase 24% by 2022.

Yowza! A Nine-Step Decision Process to Help Guide Supply Chain Planning Selection

Supply Chain Shaman

This client was using an excellent forecasting technology, but it was not a good fit for their business; and as a result, was causing degradation of the forecast by 14%. Even worse, the combination of process and technology degraded the forecast by 33%.

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

This newfound visibility allows participants in a supply chain to proactively optimize components of their processes (like inventory management, staffing decisions, and a thousand more) to support an efficient and agile product path. Democratizing purchase orders or predictive analytical data such as Point of Sale information can dramatically improve demand visibility, while reducing the negative consequences of poor forecasting such as the Bullwhip Effect.

[INFOGRAPHIC] Industry 4.0: Powered by the Internet of Things & Digital Manufacturing

Cerasis

Companies will be able to do predictive maintenance to reduce downtime, better manage their inventories, and also to become more flexible and responsive to changes in market conditions.