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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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Körber Elevate 2024: Chart Your Course

Logistics Viewpoints

The theme this year was “Chart Your Course” which Richard Stewart, EVP Americas at Körber Supply Chain pointed out, is all about overcoming supply chain complexities and challenges. Available to sell is the on-hand inventory minus any promised inventory. Available to promise is a reserve against incoming inventory.

Course 212
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6 Ways AI Empowers End-to-End Decision Automation in Supply Chain

Logistics Viewpoints

This ensures the secure, high-capacity, and bi-directional transfer of essential information such as master data on products, customers, production-distribution infrastructure, transactional data on sales, inventory status and position, transportation execution data, external data e.g. competitor pricing, weather, recommendations, action triggers.

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Supply Chain Resilience. Really?

Supply Chain Shaman

This follows the recent announcement by the White House Council on Supply Chain Resilience launching 30 proposed actions to strengthen America’s supply chains and the ASCM recent publication on resilience. Expand the “FLOW” program for logistics information sharing to forecast transportation flow. Yes, I think so.

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Re-valuating The Supply Chain: Transportation Execution Driven By Innovation In Uncertain Times.

PINC

As markets demand not only efficiency but agility and adaptability from supply chains in our current reality, supply chain executives have been heavily investing in automated execution and real-time visibility technologies to continue moving inventory and delivering on customer expectations. The Logistics Industry in the U.S. REGISTER HERE.

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The Coolest Supply Chain Boutique Consultants

Logistics Viewpoints

In SCP, they have one of the largest practices in North America. They have developed a proprietary inventory analysis tool that can not only help companies achieve service level goals with less inventory, but the inventory analysis can also flow into helping design an efficient warehouse layout.

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Will Trucking Challenges Transform JITS in North America?

QAD

JITS is the acronym for “just-in-time-sequence,” a common supply chain practice in the automotive industry that eliminates or significantly reduces the need to maintain parts inventory at the assembly plant. Needing to carry only a few hours worth of inventory, thereby savings on inventory carrying costs and working capital.