Supply Chain Shaman
APRIL 9, 2021
Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Sadly, most of it is the wrong inventory. Belief in efficient procurement.
Supply Chain Shaman
JULY 30, 2022
However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The decline in inventory turns uses cash. I pulled up my covers to go to sleep four hours later. My question is, “Why?”
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Synovos
NOVEMBER 10, 2023
The assessment focuses on 21 sustainability criteria that are grouped into four themes: environment, labor and human rights, ethics, and sustainable procurement. RS Integrated Supply was introduced by RS Group in 2022 after combining Synovos and IESA, two procurement and supply chain management companies.
Logistics Viewpoints
AUGUST 5, 2021
Schneider Electric has committed to convert its 14,000 fleet vehicles to electric by 2030. If we don’t plan better, efforts in procuring sustainable palm oil, making medicine with less carbon, or delivering to customers with electric vehicles can still be built on top of inefficient processes that waste the savings we made.
Supply Chain Shaman
JUNE 29, 2022
In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements? Focus on right-sizing inventories.
AFFLINK
AUGUST 17, 2022
Unpredictable Consumer Demand Trends Traditionally, organizations got away with loose forecasting and just-in-time (JIT) inventory management to match production to consumer demands. On the road, the American Trucker Association estimates needing more than 160,000 drivers to meet current demand increases by 2030.
Supply Chain Matters
OCTOBER 25, 2022
Trillion by 2030. . It is becoming clearer that supply chain procurement and logistics teams elected to route import shipments thru either U.S. Similarly, WSJ separately reported that trucking freight operators now indicate that the traditional peak shipping season is crumbling as overstocked retailers cancel any new inventory orders.
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