It was clear that the stage was set for subsequent discussions on supply chain innovation topics, the direction of the industry in the near future of 2030; and what companies today have to do to stay ahead of the curve. Strength – Inventory Turns & Operating Margin Vector Trajectory (30%). MORE

He relayed how he saw a demo of true shelf-aware systems at a retail location that sends alerts in real-time when a stock out happens directly to a mobile phone. Explore how drones can play a role within your international operations in terms of inventory and goods transport. MORE

This includes the optimal placement of inventory within the supply chain, minimizing operating costs including manufacturing costs, transportation costs, and distribution costs. Inventory control. Supplier inventory management. Inventory management. Leaner Inventory. MORE

This includes the optimal placement of inventory within the supply chain, minimizing operating costs including manufacturing costs, transportation costs, and distribution costs. Inventory control. Supplier inventory management. Inventory management. Leaner Inventory. MORE

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Targets for 2030 Include: Improve freight system efficiency 25 percent by 2030. MORE

While it is nice to envision supply chains in 2020 or 2030 the truth is; for many manufacturing businesses, discussions about future supply chain innovations, often leads to a “yeah.right,” smirk by supply chain executives – this with good reason. MORE

I have to go to the grocery store again today to replenish our inventory (yeah, I don’t shop for groceries online; as the son of a bodegero, I’m old fashioned that way.). Trucking costs to halve by 2030, study predicts (LLoyd’s Loading List). MORE