Digital Transformation Helps with Corporate Alignment

Enterra Insights

For example, manufacturing may be tasked to fill all orders which requires having inventory on-hand in distribution centers. However, distribution centers may be given the conflicting task of minimizing excess inventory space and cost. Louis Columbus ( @LouisColumbus ) suggest ten way cognitive technologies can help companies achieve successful digital transformations.[4]

Machine Learning and the Business of Tomorrow

Enterra Insights

Louis Columbus ( @LouisColumbus ) explains, “Enterprises are striving to find greater meaning in the massive amounts of data they generate and save every day. Columbus asserts, “Machine learning makes it possible to discover patterns in supply chain data by relying on algorithms that quickly pinpoint the most influential factors to a supply networks’ success, while constantly learning in the process.”[5]

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Manufacturers, Technology, and the Digital Age

Enterra Insights

Louis Columbus ( @LouisColumbus ), a Principal at IQMS, explains, “Going into 2020, manufacturers are at an inflection point in their adoption of analytics and business intelligence (BI). Columbus writes, “Cycle Time quantifies the amount of elapsed time from when an order is placed until the product is manufactured and entered into finished goods inventory. ” Columbus makes an important point about improving performance over time.

Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

Our customers overcome demand volatility and supply chain complexity for outstanding service levels with reduced inventory. Founded in 2002, Spinnaker has offices in Boston, Columbus, Denver, Houston, Memphis, Pittsburgh, London, and Singapore. PRESS RELEASE.

Study 170

Artificial Intelligence and Omnichannel Operations

Enterra Insights

Inventory Optimization. “Inventory optimization is a complicated thing that touches many aspects of the consumer goods supply chain, and often requires close coordination among manufacturers and distributors. They are: 1) meeting expectations and minimizing the cost to serve; 2) maximizing omnichannel fulfillment capacity; 3) using inventory at its most profitable price point; and 4) making dynamic adjustments as circumstances change.

Conquering the Explosion of Supply Chain Planning Data

Logility

and up to date transaction data (order status, inventory positions, shipment tracking, etc.) 1 Louis Columbus. Companies across all industries and sizes struggle to make sense of and value from the available mountains of data.

The Internet of Things and the Supply Chain: Serious or Just Flirting?

Enterra Insights

” Louis Columbus ( @LouisColumbus ), a Principal at IQMS, believes another technology, blockchain, will make the IoT/supply chain even stronger. Blockchain shows potential for increasing the speed, scale, and visibility of supply chains, eliminating counterfeit-goods transactions while also improving batching, routing and inventory control. 4] Louis Columbus, “ Top 10 Ways Internet Of Things And Blockchain Strengthen Supply Chains ,” Forbes , 13 January 2019. [5]

It’s Turkey Time!

Kinaxis

They can be held in inventory until the second biggest holiday for these big birds – Christmas, which is only a couple of months away. Forget Columbus Day this year and come celebrate Thanksgiving with us instead!

Turkey 207

California Freight Heats Up, Spurred By Hanjin Collapse

DAT Solutions

Even if they didn’t have cargo on Hanjin ships, big retailers are starting to shift inventory from West Coast distribution centers to other DCs farther east. Spot market activity often ramps up in the West during the fall season, but there's added pressure this month.

Retail Industry Leaders Discuss the Value of Assortment Planning – Part I

Supply Chain Nation

Jon Beck, CEO, Columbus Consulting. But you can’t afford to carry a lot of inventory in the stores. So we have to assort to the local customer and look at how we leverage inventory across the enterprise. To learn more about DSW’s assortment planning process, view this video interview of Linda Canada by Retail TouchPoint’s Alicia Fiorletta: Category Management Inventory Retail assortment inventory retail

What to Do Now Before the Panama Canal Expands

CH Robinson Transportfolio

Shippers in Columbus, OH, will be in the battleground region of the United States, with ports on the East and West Coasts vying for their business. First, more inventory would be in transit at any given time. The Panama Canal expands in 2016. What will it mean for U.S. logistics?

Agile retailing: new ways to manage uncertainty, disruption and innovation

RELEX Solutions

We are delighted to welcome Charlotte Kula-Przezwanski from Columbus Consulting (CCI) as our guest blogger. CCI is renowned for its expertise in retail business processes and systems delivering practical solutions to optimize sales, margin and inventory across all channels of operation.

Retail Industry Leaders Discuss the Value of Assortment Planning – Part II

Supply Chain Nation

Jon Beck, CEO, Columbus Consulting. Linda Canada: Mike McAbee: All-Channel retail Inventory Omni-Channel Retail Supply Chain Planning assortment customers merchandising social media

Predictive Analytics: Supply Chain’s Cloudy Crystal Ball

Enterra Insights

”[4] Some of the benefits provided by predictive analytics include: Inventory management : Griffith notes predictive analytics provide store owners “a sixth sense” when it comes to ensuring shelves are stocks, prices are updated, and when products may have to be ordered in bulk from vendors. Myers adds, “Retailers and distributors can prepare months in advance to help their suppliers plan to inventory and shipments based on customer demand and buying behavior.”

5 Future Applications of the Industrial Internet of Things in Manufacturing & Logistics

Cerasis

Additionally, overall maintenance costs have dropped by 30 percent, and predictive maintenance has reduced machine-specific failures by 70 percent, reports Louis Columbus of Forbes magazine.

Trends Shaping Industry 4.0

Enterra Insights

Louis Columbus ( @LouisColumbus ), a Principal at IQMS, asserts, “Machine learning algorithms, applications, and platforms are helping manufacturers find new business models, fine-tune product quality, and optimize manufacturing operations to the shop floor level.”[2] 2] Louis Columbus, “ 10 Ways Machine Learning Is Revolutionizing Manufacturing In 2018 ,” Forbes , 11 March 2018. [3] Industry 4.0

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People, Processes, and Technology All Required for Supply Chain Transformation

Enterra Insights

Louis Columbus ( @LouisColumbus ) goes so far as to insist, “Analytics will revolutionize supply chains in 2018.”[7] For example, some companies are exploring how drones using machine learning can perform real-time inventory counts in warehouses, and others are considering how self-driving vehicles can be used for deliveries.” 7] Louis Columbus, “ Analytics Will Revolutionize Supply Chains In 2018 ,” Forbes , 15 January 2018. [8]

Omni-channel in 6 steps: how to build a practical, effective plan of action

RELEX Solutions

We are delighted to welcome Charlotte Kula-Przezwanski from Columbus Consulting (CCI) as our guest blogger. CCI is renowned for its expertise in retail business processes and systems delivering practical solutions to optimize sales, margin and inventory across all channels of operation.

Port Logistics Group acquires e-commerce tech firm Whiplash

EFT

The acquisition comes on the heels of the company's recent expansion into new facilities and markets, including its opening of a 305,000-square-foot facility in Columbus, Ohio, strategically located for D2C fulfillment to much of the US population. The ecommerce platform provides full visibility and control of fulfillment operations, including products, customers, inventory and orders and features integrated, discounted parcel shipping.

Executing on time, all the time: apparel executive’s guide to competitive advantage

RELEX Solutions

We are delighted to welcome Charlotte Kula-Przezwanski from Columbus Consulting (CCI) as our guest blogger. CCI is renowned for its expertise in retail business processes and systems delivering practical solutions to optimize sales, margin and inventory across all channels of operation.

End of Quarter Adds 11% to Van Demand

DAT Solutions

Outbound rates edged up in Los Angeles, Dallas, Philadelphia and other major freight markets, however, as shippers rushed to move inventory before the quarter ended on Wednesday. TriHaul: Columbus - Philadelphia - Pittsburgh.

New Panama Canal Options: Running the Numbers with a TMS

TMC

The preferred amount of inventory held on ships and trucks depends on constraints such as the value of the cargo. If high-value items are being shipped, it’s important to minimize inventory levels. New Panama Canal Options: Running the Numbers with a TMS.Connect by TMC.

Supply Chain Optimization 101: How to Best Harness the Power of Big Data

AFFLINK

Writing for Forbes, big data expert Louis Columbus notes that more than 60% of supply chain executives view big data as “a disruptive and important technology, setting the foundation for long-term change management in their organizations.”

RELEX to bring innovation and 100% customer referenceability to NRF 2017

RELEX Solutions

Working with RELEX, Marimekko has been able to better manage inventory management and assortment planning, resulting in a 22% reduction in DC inventory and a 22% increase in company-level turnover. Read PDF. Retail’s BIG Show | January 15-17 2017 | Booth 830.

7-Week Streak of Higher Rates Ends – For Now

DAT Solutions

While inbound rates were generally up in Buffalo, the lane from Columbus to Buffalo dropped 33¢ to $3.09/mile. Van spot market rates moderated last week, especially on the backhaul lanes where rates spiked two weeks ago.

Planning and managing the critical aspects of a full merchandising season

RELEX Solutions

Automated replenishment can then handle ongoing inventory transfers to stores and, eventually, ramp-downs. Partner, Columbus Consulting. Author: Charlotte Kula-Przezwanski, Partner at Columbus Consulting. Partner, Columbus Consulting.

Retail Shipments Keep Truckload Capacity Tight

DAT Solutions

The Memphis to Columbus lane paid 14¢ better at $2.19/mile, with shippers adjusting warehouse inventories. Volumes for the top van markets rebounded 5% last week, as shippers moved freight out the door before month’s end.

6 Recent Trends in Manufacturing Technology to Increase Agile Responsiveness, Continuous Improvement & Customization

Cerasis

Customization Will Replace Traditional Inventory Management. According to the Global Dispatch, traditional inventory management operations will change in 2017. Inventory management will become more reliant on advanced computer analytics systems to manage inventory in real time.

Want to Help With FEMA Loads? It's Complicated.

DAT Solutions

After the storm has passed, there will be a lot of stores and warehouses that need re-stocking, because inventory was either sold out or ruined by the floods. First there was Harvey, then Irma. Clean-up and emergency relief efforts are still underway in Texas, Florida and surrounding regions.

Cargo Ship Woes Still Affecting Spot Market Rates

DAT Solutions

The bankruptcy of the world's 7th largest container carrier, Hanjin Shipping , has led to shippers re-adjusting inventories in the past couple of weeks in order to avoid stock-outs as we head into retail season. to Columbus were also the highest they’ve been in a year, at $1.59/mile.