Stranger supply chain things: Capacity planning lessons from Stranger Things

Kinaxis

However, it quickly became clear the museum lacked proper capacity planning and wasn’t prepared for 80,000 purple Thunder Lizard hoodie orders in a single day. The post Stranger supply chain things: Capacity planning lessons from Stranger Things appeared first on The 21st Century Supply Chain.

Design, Operating and Situational Inventory Trade-Offs

ToolsGroup

Gartner analyst Paul Lord has developed a framework to better understand inventory trade-offs by categorizing those decisions according to the objectives they are meant to achieve: structural, operational and situational. or “How can we reduce inventory and improve our balance sheet?”.

Is Inventory Waste or an Asset?

Supply Chain Shaman

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. Inventory is both.

Leveraging Your Planning Capabilities to Help with the Capacity Crunch

CHAINalytics

Blog Integrated Demand & Supply Planning Transportation Demand Planning IBP Inventory Deployment Inventory Optimization Logistics S&OP Transportation Capacity

5 pieces to the global capacity management puzzle

Kinaxis

by Bill DuBois Recently I was watching a video interview with David Thomas, the Director of Global Capacity Planning for Ford Motor Company. Among other things, he’s been leading the charge at Ford to deliver a global capacity management solution.

LTL Rates, Capacity, and Fuel: The General Outlook for 2017

Cerasis

Capacity Will Grow Tighter. Capacity was stretched beyond limitations in 2014, and fleets around the country tried to optimize operations through freight reclassification, dimensional pricing models and freight consolidation, explains Jeff Berman of Logistics Management.

Four ways Inventory Optimization can address tighter supply constraints

ToolsGroup

When supplies get tight, inventory optimization can help focus production around the most critical products while reducing requirements for other items. Inventory (both finished goods and materials) can then be allocated to more critical demand. Inventory OptimizationAs the (U.S.)

Where are you on your capacity planning journey?

Kinaxis

by Bill DuBois Balancing capacity can be as challenging as walking a tight rope. Not enough capacity and you lose balance when it comes to delivery and customer satisfaction. Too much capacity and you lose your balance when it comes to costs and margins.

Navigating Ongoing International Transportation Capacity Challenges

Talking Logistics

International transportation is dealing with ongoing challenges of tighter capacity. From import space and export space tightening up and a hot drayage market causing capacity constraints to volatile air freight rates – international transportation has had its share of challenges the last 10-12 months. Import space out of Asia to the US continues to be tight, and thanks to positive retail sales, retailers are having to quickly restock to ensure they have enough inventory.

2017 Warehouse Capacity Economics and Trends Report

FLEXE

In mid-2015, FLEXE conducted a survey of supply chain professionals across multiple industries to identify and understand what key industry trends affect inventory and capacity fluctuations. More businesses are faced with inventory exceeding capacity than they are with excess space.

What’s New in Inventory Optimization?

ToolsGroup

Principal Analyst James Cooke of Nucleus Research just published his 2016 Inventory Optimization Value Matrix which highlights this year’s key trends, including functionality and usability. He reiterates why his firm sees inventory optimization (IO) solutions as so important.

Inventory is our treasure

Supply Chain Movement

Inventory is waste: a statement I still hear far too often. I can not say it often enough: inventory is not waste. Inventory is our treasure, provided that it is available in the right location and in the right amount. Capacity in this case means (temporary) overcapacity.

Five Types of Inventory Optimization You Should Know

ToolsGroup

Inventory configuration is usually the predominant issue in most manufacturing environments. Inventory policy is usually the predominant issue in most distribution environments. This risk pooling approach frequently requires less inventory.

3 Ideas for Finding Air Capacity in the Transatlantic Lane

Transportfolio

3 Ideas for Finding Air Capacity in the Transatlantic Lane | Transportfolio. If you have struggled lately to find available air capacity in the Transatlantic lane, you’re not alone. Capacity is hard to find in this lane, and the busiest time of the year for air shipping is just ahead.

How Lean Warehousing Can Ease Your Carrier Capacity Pain

LeanCor

As a result, it is increasingly difficult to secure capacity in today’s carrier market. Just-in-time delivery – Cross-docking allows for just-in-time delivery of inventory to a customer’s manufacturing facilities without driving up transportation cost by way of postponement.

Lean 245

Don’t Take a Holiday from Inventory Management

Talking Logistics

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Companies that have too much inventory on-hand right now are struggling to clear out space ahead of the season, slashing prices and concerning stakeholders as profit margins creep downward.

Double Inventory Turnover In 9 months!

Supply Chain Game Changer

Check out World Class Inventory Turnover Breakthrough Elements! “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, In that meeting I set the target … we needed to reach double digit Inventory turns within the next year.

Troubling News in Global Ocean Container Capacity Reductions

Supply Chain Matters

Every year at just about this time, ocean container shipments inbound from China and other Asian ports begin to surge as retailers ramp-up inventory levels in anticipation of the Thanksgiving and Christmas holiday buying period. Ever year at this time, Supply Chain Matters features commentaries noting how the ramp-up is progressing. Last year, we raised […].

Three New Ways Retailers Can Improve Inventory Performance

ToolsGroup

By using data to stock items with higher forecasted demand, they can reallocate cash that would normally be tied up in poorly performing inventory, avoid margin erosion from markdowns and dead stock, and increase overall on-shelf availability metrics.

Retail 208

Why inventory management should be a company-wide conversation

Kinaxis

by Alexa Cheater Don’t get caught having your company’s inventory management conversation alone! Re-evaluating your inventory management practices can help you overcome rising supply chain costs, increasing customer demand and the growing complexity of global operations.

[Webinar] Inventory Planning Methods & Tips for Optimizing Your S&OP Process Today.

Arkieva

Join us as we discuss how to use inventory or supply planning to properly calculate and project future inventory taking into consideration capacity constraints. Webinar] Inventory Planning Methods & Tips for Optimizing Your S&OP Process Today. was first posted on February 8, 2018 at 7:50 am. ©2017 ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

Best Practices to Get More Throughput and Capacity Out of Your Distribution Centers

Cerasis

While expanding capacity with new construction is certainly one solution, other ways exist to get more throughput and capacity in distribution centers without major overhauls to existing operations. Before you break ground on a new building/annex, hire and train new workers, or invest millions into new software, consider some other proven ways to get more throughput and capacity in distribution centers.

Taking a Holistic View on Inventory May Lead to Change in Strategy

Talking Logistics

Inventory optimization has always been a challenge while designing and planning a supply chain. A variety of barriers can impact an effective inventory strategy, such as working in functional silos and demand/supplier volatility¹. Asking the Right Inventory Questions.

Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency

Cerasis

Today we will talk about the flow of strategy as pertains to inventory flow and driving warehouse efficiency. Staying Strategic in the Warehouse with Better Inventory Flow. Throughout the entire order fulfillment process, companies have a duty to ensure optimum warehouse efficiency by appropriately controlling inventory flow. Companies must also consider the potential impact of returns and warehouse capacity. Transaction-Based Movements Inventory Flow.

Lost Warehouse Inventory? What to Do and When to Write It Off

Cerasis

No one wants to think about lost warehouse inventory, and it can be organizationally frustrating to determine the best process to find, research, and rectify inventory discrepancies. One of the primary reasons a company implements a warehouse management system (WMS) is to know the exact location of their inventory; if the inventory is not there, one might think it is easy to just write that inventory off the books. Automate Inventory Control to Reduce Errors.

The key ingredient to optimizing your beer production capacity (it’s not what you think)

Quintiq

While customers are becoming increasingly demanding, the beer industry has seen a trend of consolidation between brewers, thus reducing their capacity over the years. S&OP requires data from all fronts: Sales, inventory, product master data, cost and price information, and the like.

Using Analytics to Manage Inventory

Silvon Software

It’s true that inventory management is a challenge for both manufacturers and distributors. For example, excess inventory can cause a decrease in product turnover and a loss of profits, while stock-outs can cause backorders, unhappy customers and lost sales. Inventory Surplus.

2017 Warehouse Capacity Economics and Trends Report

FLEXE

In mid-2015, FLEXE conducted a survey of supply chain professionals across multiple industries to identify and understand what key industry trends affect inventory and capacity fluctuations

Expert Interview: Inventory Optimization

Logility

Inventory Optimization (IO) is a loosely used term in the industry. You’ll see it used to describe tactical inventory management, warehouse operations and strategic network assessments as well as used to describe single stage as well as multi-echelon environments.

Pilot Chemical Company: Capacity Assurance and Being a Dependable Supplier

Talking Logistics

We all know that there are ebbs and flows in the transportation market, but one thing that always remains the same for transportation and logistics executives is their focus on managing costs and making sure they have the capacity they need, when they need it.

Shaw Industries implements Collaborative Forecasting and Inventory Optimization

Supply Chain Movement

Shaw Industries, a carpet manufacturer and floorcovering provider, has recently decided to implement the Central & Collaborative Forecasting and Inventory Optimization solution from OM Partners within its Hard Surfaces division. ” Cases capacity distribution integrated planning interface Inventory Optimization itsubwaymap Manufacturing Melissa Crawley planning production scenario scheduling Shaw Industries

Lessons from the Festive Season: Key Factors Affecting Inventory Management During Seasonal Peaks

Unleashed

These seasonal peaks are one of the major recurring factors affecting inventory management. With that in mind, the start of 2019 provides an opportunity for SMEs to consider how they might improve on peak season inventory management during the year to come, especially as consumer expectations of peak season performance require faster delivery and better service than ever before. Ensuring capacity and flexibility within the fulfilment system.

Are Inefficient Practices Affecting Your Supply Chain?

CHAINalytics

If not properly analyzed and corrected, these pain … Blog Service Supply Chain Supply Chain Operations Fact-based solutions Inbound Material Inventory visibility Warehouse capacity Warehouse Efficiency Warehouse Operations Warehouse performance Warehouse utilization| By Jacqueline Quirk | Consultant, Supply Chain Operations | Chainalytics | Accelerated growth and expansion of your portfolio are often considered factors of success for your business.

Sales, Inventory & Operations Planning (SiOP) – Part One

Arkieva

I pride myself on being an expert in designing and implementing Sales, Inventory and Operations Planning. For A-products we may define higher service levels and carry more inventory. The introduction of new products consumes capacity and requires inventory.

Shippers of Consumer Products Impacted Most by Capacity Crunch

Cerasis

Most all shippers have felt the recent tightening in capacity. Today, with omnichannel pressures and a drastically different retail environment, stores are working hard to eliminate excess inventory and penalize vendors for early (and late) deliveries. The Great Capacity Crunch: The Current State, Future Outlook, & How Shippers Can Thrive in Any Capacity Crunch. Capacity Crunch