article thumbnail

The Value of Logistics and Supply Chain Education!

Supply Chain Game Changer

Supply Chain Education and Certification – What’s Missing? Even though supply chains have been around since the beginning of time, the field of Logistics and Supply Chain education has only recently been considered in depth. Let’s discuss the value of Logistics and Supply Chain education. Subscribe Here!

article thumbnail

Just Jump

Supply Chain Shaman

We explore the concept of holistic inventory strategies focused on the form and function of inventory. In the process, we learn that only 15-20% of inventories are safety stock and that the current APS frameworks do not enable a holistic analysis of the form and function of inventory. Education and leadership.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Target’s Acknowledgement and Plan to Address Excess Inventory

Supply Chain Matters

In our Supply Chain Matters commentaries focused on online customer fulfillment and especially the 2021 holiday fulfilment period, we cautioned retail and consumer goods supply chain management teams to be watchful for the bullwhip effect in inventory planning and replenishment needs to support expected customer demand.

article thumbnail

Securing the Pickleball Supply Chain

Logistics Viewpoints

Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. This warehouse provides inventory storage for goods not yet ordered that will ship later. Mr. Jordan oversees a team of eight that does the demand, inventory, and production planning.

Security 198
article thumbnail

Strategy. Strategy. Wherefore Art Thou Strategy?

Supply Chain Shaman

The techniques to improve agility are improving data transparency/insights, use of attribute-based planning, design of push-pull decoupling points, pooling of inventory, and configure-to-order/make-to-order manufacturing. Inventory as Waste. Manage inventory as a liability. Inventory as a Buffer. Frustration.

article thumbnail

A New Decade: Give Science A Chance

Supply Chain Shaman

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. As error increases, there is a need for additional capacity.

article thumbnail

Top 5 Logistics Challenges and Solutions for the Manufacturing Industry

GlobalTranz

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. Supply Chain Management and Maintaining Inventory. Facing inventory challenges is common in the manufacturing industry. Inventory management software is an important solution.