Remove Analysis Remove Eliminating Excel in Purchasing Remove Inventory Remove United States
article thumbnail

Is Inventory Waste or an Asset?

Supply Chain Shaman

It is Labor Day weekend in the United States, and the plane is full. We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. My Insights.

article thumbnail

The Top 15 Retail Trends for 2022

ToolsGroup

Love it or hate it, daily necessities need to be purchased. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition. eCommerce Purchases and “The New Normal” Retail Categories. Data source: eMarketer.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Best Logistics Books to Keep Within Reach

Supply Chain Opz

In the United States, the median wage for a Logistics Manager is around $70,000 annually. It also discusses marketing concepts like advertising, media buying, direct marketing, and market research which is unprecedented. Are you looking for logistics management books? He has an MBA from UCLA. Our Rating: 5/5 4. Our Rating: 4.9/5

article thumbnail

Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Demand forecasting.

article thumbnail

Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Demand forecasting.

article thumbnail

Supply Chain Leaders Prepare For The Long Haul. Caution: It Will Be Gray.

Supply Chain Shaman

The first major polio epidemic in the United States occurred in Vermont in the summer of 1894. The last case of polio in the United States was 1979. The thought of a pandemic killing over 350,000 people globally and over 100,000 in the United States in just three months is mind-numbing. Simulation.

article thumbnail

Surviving the COVID-19 Pandemic and Future Supply Chain Disruptions Through Supply Chain Digital Transformation

Logility

And only advanced planning platforms strengthen user’s decision making capabilities by providing the data and analysis capabilities they need to make decisions during high-pressure disruption situations. Automation of analysis and yes even automation of decision making and action execution. Divert inventory on the fly.