Logistics Viewpoints
OCTOBER 26, 2023
So why are so many still falling short of OTIF targets (and other key metrics)? But to verify the “in full” part, your real-time transportation solution needs to be connected to warehousing, inventory, fulfillment and order management. He lives in Chicago. That covers “on-time.”
ShipBob
NOVEMBER 6, 2023
Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory — whether it’s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?
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Supply Chain Shaman
JULY 22, 2019
It is not as simple as trading-off inventory, cost, and customer service. In the Supply Chains to Admire analysis, the focus is to understand the relative performance of a company within a peer group of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). Celebrating Success. Target Setting.
Supply Chain Shaman
OCTOBER 8, 2019
Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability.
Supply Chain Shaman
AUGUST 7, 2019
In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. inventory turns. for inventory turns define best-in-class performance? for inventory turns define best-in-class performance?
Supply Chain Shaman
JUNE 19, 2013
It comes in many flavors–increase in inventory, changes in sales policies, new product lines– all add to the complexity. The only industry that has made progress in inventory management is consumer electronics. The only industry that has made progress in inventory management is consumer electronics.
Supply Chain Shaman
JULY 12, 2013
Focus the organization on understanding the “probability and patterns of demand” and how to design push/pull decoupling points, supplier networks and inventory buffers to improve agility (focusing on form and function of inventory in the supply chain). This morning I am in Chicago helping a client to become market-driven.
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