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. This morning, unexpectedly, I found myself in the middle of a debate between my two panelists on the Planning Benchmarking Panel for the Summit. We feel so strongly about this that we do not have an inventory planning role.” Inventory is both.

article thumbnail

What You Need To Know About The State Of The Retail Worker Shortage

ToolsGroup

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” As per a recent report by CNBC , the labor department in the United States has 5.5

Insiders

Sign Up for our Newsletter

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

article thumbnail

Top 15 Logistics Stories of 2023

Logistics Viewpoints

A week after severe winter weather wreaked havoc on holiday air travel across the United States, other major carriers were back up and running. Most recently, APQC has conducted best practice and benchmarking research on last mile delivery. Not Southwest.

article thumbnail

Throwback Thursday

Supply Chain Shaman

This week, as the east coast of the United States was deluged with rain, I basked in beautiful San Diego sun while attending the Logimed USA event. This was WBR’s first event in the United States targeted for the Medical Device Supply Chain Leader. The shift of inventory without the sharing of data is a mistake.

article thumbnail

Causal Artificial Intelligence and Supply Chain Performance

Enterra Insights

Vigen has shown, for example, that there is an annual correlation between the number of people who have drowned by falling into a swimming pool and the number of films in which Nicolas Cage has appeared and that the divorce rate in Maine correlates to the per capita consumption of margarine in the United States. 6] Joris M.

article thumbnail

Containerized shipping joins modern financial world with CME futures

Freightos

The cost of importing a 40’ container from China to the United States West Coast grew 1,000% from $1,800 in 2019 to over $20,000 in September 2021 according to our Freightos Baltic Index (FBX). Accelerated by lockdowns and increases in the consumption of goods, global trade hit $28.5 trillion dollars in 2021 , up 13% from 2019.

article thumbnail

3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. The goal is to keep inventory levels at a minimum to meet customer needs. Review Inventory turns and Return on Assets. It is the main measurement benchmark in measuring supply chain performance, isn’t it? Read More.