Your supply chain is costing you money – Reason #10 Failure to adequately train your supply chain planning staff

Kinaxis

Reason #6 Not effectively managing inventory. A bad decision can result in missed orders, significant inventory, or scrapped materials. By doing this, they could potentially save the company millions of dollars in excess inventory.

Your supply chain is costing you money – Reason #8: Keeping supply chain information in silos (and preventing your users from making the best decisions)

Kinaxis

Reason #6 Not effectively managing inventory. by John Westerveld. Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Over the next several weeks, I’ll outline these issues and discuss some ideas around how to avoid these practices. You can find the previous posts here: Reason #1: Offshoring without getting the full picture. Reason #2 Poorly executed or non-existent sales and operations planning.

8 Inventory Costing Methods That You Might Not Know About

EMERGE App

Inventory costing or valuation is an accounting concept that has a direct impact on your gross profit and thus taxable income. Methods of valuing inventory are simply different cost-flow assumptions about how to allocate your cost of goods available for sale. Retail Inventory Method.

What is Supply Chain Compliance and Why is it Important?

AB&R

By the way, AB&R® will attend the GS1 Connect Conference June 19 – 21, 2019 at the Gaylord Rockies Convention Center in Denver, Colorado. Colorado. When you hear the word compliance , what’s the first thing that comes to mind?

Supply Chain Professional – Protector of Mother Earth

Logility

I care about the environment and do what I can to minimize my impact because living in Beautiful Colorado I benefit from being surrounded by some of Mother Earth’s finest scenery. I grew up in a time when people didn’t think that often about one’s impact on nature.

LeanCor Executives to Present at CSCMP Conference

LeanCor

LeanCor executives – Robert Martichenko (CEO), Roger Pearce (VP of Lean Deployment), and Matt Melrose (VP of Operations) – will be presenting and speaking on panels at the 2013 Council of Supply Chain Management Professionals (CSCMP) annual conference in Denver, Colorado next week.

Using Modeling and Analytics to Design a Resilient Supply Chain

Talking Logistics

Examples: moving inventory to alternate locations, changing supplier relationships. This data can be viewed in time-series reports showing missed orders, inventory levels, total cost and more, as a critical way to evaluate resiliency.

Challenges in the Cannabis Supply Chain!

Supply Chain Game Changer

As a major National Post feature about Colorado’s cannabis boom described last year, a vertically-integrated cannabis operation is a capital-intensive enterprise with lots of risk and regulatory requirements. Subscribe Here! Email Address.

The Battle for Air Cargo Space

Supply Chain Nation

According to the Bloomberg article, Wal-Mart’s Walton Family Backs Startup Trying to Cut Food Waste , the Colorado-based business is creating a marketplace for food that is still good to eat, but has been rejected by retailers for reasons such as packaging mistakes, cosmetic flaws or the inventory is no longer needed. Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date.

Cargo 44

Guest Post: Ignoring this Performance Metric is Risky

TMC

Companies can then prioritize their mitigation efforts based on parameters such as value-at-risk, customer importance, and field inventory. When Cisco saw news of wildfires in Colorado in 2012, it wasn’t concerned, because it had no manufacturing or suppliers in the area.

A Grocery Store You’ve Never Heard of is About to be one of the Biggest in America

Supply Chain Nation

When Uber Technologies used a self-driving truck to run a load of Budweiser beer across 120 miles of Colorado last year, the feat gave the trucking industry a glimpse of a cost-saving driverless future. Inventory is often delivered to warehouses in shipping containers. Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date.

The Impact New Technologies Have on the Supply Chain

Supply Chain Nation

Walmart, for example, used a drone to verify inventory in one of its large distribution centers (DCs). Collins Brewery to Colorado Springs, a 120-mile journey.

DC 73

Activant Anticipates More Virtual Collaboration in B2B Distribution

Supply Chain Network

Activant’s systems are designed to help customers increase sales, boost productivity, operate more cost-efficiently, improve inventory turns and enhance trading partner relationships. Headquartered in Livermore, California, Activant has operations in Texas, Colorado, Illinois, Massachusetts, Pennsylvania, South Carolina, Canada, Ireland and the United Kingdom. Activant Solutions Inc.,

Mid-Market Retailers See Growth, Opportunities with Technology

ITradeNetwork

In a conversation with a procurement manager at another retailer—this one in Colorado—we discovered that many of its processes surrounding produce waste, expiration, and inventory levels were largely manual. There’s a steadily thriving niche of local, mid-market grocers that are integral to their communities.

Mid-Market Retailers See Growth, Opportunities

ITradeNetwork

In a conversation with a procurement manager at another retailer—this one in Colorado—we discovered that many of its processes surrounding produce waste, expiration, and inventory levels were largely manual. There’s a steadily thriving niche of local, mid-market grocers that are integral to their communities.

Top 10 Cities for eCommerce Fulfillment

FLEXE

Denver, Colorado. With inventory closer to customers, they can shorten delivery times and offer one- or same-day shipping on certain products to improve conversion rates and reduce shopping cart abandonment.