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Embracing the Supply Chain as A Complex Non-linear System

Supply Chain Shaman

No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. The supply chain has two important buffers–inventory and capacity.

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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down. This leads to lower inventory carrying costs and thus better case flow. Demand forecasting should be tightly integrated to an inventory optimization application.

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November U.S. Logistics Manager’s Index- Noteworthy Trending

Supply Chain Matters

The report specifically indicates : “ November’s dip was largely triggered by a decline in Inventory Levels (-9.1) The authors added: “ Essentially, November’s decline seems to have come because firms are selling off inventories quickly. The report authors context these moves as a return to just-in-time inventory management practices.

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U.S. Logistics Manager’s Index Drops to an All Time Low in May

Supply Chain Matters

Noted was a late May decline, largely driven by a more pronounced shift in inventories in the second half of May, reflecting a higher rate of expansion in the first half. Further, the report indicates that many consumer goods firms reportedly achieved the inventory wind down they strove for throughout 2022.

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Five Tips on Sourcing Products From China

EMERGE App

So to find success in importing goods from China, just apply the same business instincts as before, use plenty of common sense and be sensitive to the cultural and language differences. There are also other regional trade fairs that focus on specific categories, such as consumer goods and gifts.

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This Week in Logistics News (January 7 – 13)

Logistics Viewpoints

Walmart, along with its partner DroneUp, now operates drone delivery hubs in seven states, including Arizona, Arkansas, Florida, North Carolina, Texas, Utah, and Virginia. December marked the lowest level for seaborne imports since June 2020, just before a pandemic-driven rush to restock depleted inventories triggered a surge in imports.

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Which Metrics Matter? Interview with Philippe Lambotte

Supply Chain Shaman

When I sat down to write the book, Bricks Matter, I believed that companies had used supply chain technologies to reduce operating margin and improve inventory turns. Resiliency: The pattern or reliability of results at this intersection of operating margin and inventory turns. I was surprised to find that I was wrong. I want to help.

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