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What Do You Mean By Supply Chain Visibility?

Logistics Viewpoints

FourKites CEO, Matt Elenjickal One of the two leaders in the real-time transportation visibility market is FourKites. The interview occurred during athe FourKites Visibility 2023 user conference on September 7th in Chicago. I attended my first Visibility conference in 2020. That is fast growth. The network has grown in size.

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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Sadly, most of it is the wrong inventory. Belief in efficient procurement.

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5 Key Insights From the 2022 Automotive Logistics and Supply Chain Conference

BlueYonder

I just returned from the Automotive Logistics and Supply Chain Conference in Detroit. To combat inflation, CSCO are launching supply chain improvement initiatives such as inventory reduction, improved operational efficiency, cost control, working capital reduction, and cash flow preservation.

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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. We feel so strongly about this that we do not have an inventory planning role.”

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Just-In-Time Management – How to Manage Inventory in 2024

ThroughPut

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

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Elevating the Heavy Building Materials Supply Chain (Takeaways from Command Alkon ELEVATE 2017 Conference)

Talking Logistics

Last month, I attended and spoke at the Command Alkon ELEVATE 2017 conference , where I learned many things about the Heavy Building Materials (HBM) industry. The elevation journey actually began the day before the conference officially started. Streamline, automate, and compress Order-to-Cash and Procure-to-Pay processes.

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No Time Like the Present

Supply Chain Shaman

I love the stories but question the fit of the metaphor(s) for a supply chain conference. The gap between logistics and procurement; and logistics and customer service increases process latency. Inventories increased by 44% due to supply chain volatility. Inventories grew year-over-year by 43%. The reason?