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Transportation pricing grows faster than capacity again in May

Freight Waves

Transportation metrics saw little change in May as capacity, utilization and pricing remained in expansion territory, according to a monthly survey of supply chain professionals. Inventory costs (78.4) percentage points even as growth in inventory levels (51.5) slowed by 5.5 Upstream firms (56.5) Warehouse utilization (62.5)

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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. Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. 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.

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February LMI Report Points to Inventory Surges

Supply Chain Matters

Supply Chain Matters highlights indications providing added evidence that manufacturers and retailers are front loading inventory management actions in attempts to initially hedge against added U.S. We cited indications of the post Lunar New Year ramp-up of global production levels to replenish inventories, more so than in prior years.

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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. In today’s competitive manufacturing environment, the only metrics that count are how a change impacts the company’s goals. Reason #3 Not having end-to-end supply chain visibility. Reason #4 Making key decisions by modelling the supply chain in Excel. I’ll tell them what they are getting.”This

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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. This post is credited to Dr. Yossi Sheffi.

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Using Modeling and Analytics to Design a Resilient Supply Chain

Talking Logistics

You can use network design models, company KPIs and other metrics to get a holistic look at your supply chain. Examples: moving inventory to alternate locations, changing supplier relationships. This provides high-level metrics for evaluating risk in the supply chain.

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Global Supply Chain Volatility Continues to Moderate But Not Inventory and Warehousing Costs

Supply Chain Matters

The Logistics Managers Index Report® , compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP) , reported a September value of 61.4,