Remove DC Remove Inventory Remove Metrics Remove Shipping
article thumbnail

Until AI Can Solve this One Simple Task, I Wouldn’t Worry About It

Logistics Viewpoints

However, AI’s inability to solve the very limited problem of ensuring that inventory is located in the right place in a warehouse suggests that planners don’t have to worry too much about job security. For fulfillment to be efficient, a warehouse needs the right inventory located in the right slots in a warehouse.

article thumbnail

A New Decade: Give Science A Chance

Supply Chain Shaman

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Now, let’s take consumer products. What can we learn?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supply Chain Leaders, Chained to Tradition, Face the Whip

Supply Chain Shaman

Price of Ocean Shipping Business Continuity. The future inventory fire sale. One of my stark realizations this year is that smaller companies are beating larger and often more established companies on growth metrics, inventory turns, operating margin, and Return on Invested Capital (ROIC). (In Baby formula. Toilet Paper.

article thumbnail

New Year’s Resolution #1 for Supply Chain Planners: Improve Performance Measurement

Demand Solutions

I’m not sure I’ve ever talked to a Demand Solutions customer who wasn’t at least tracking their inventory levels, overstocks, stockouts, and so forth. And let’s say that we have seven line items in stock and can ship them complete. To fill the 8th line item complete we had to ship the product from a DC across the country.

article thumbnail

Mars Wrigley’s Highly Successful Supply Chain Digital Transformation

Logistics Viewpoints

For the largest retailers, short shipping results in fines and penalties. “I’ll The stock rebalancing skill is designed to enable Mars to optimize DC to DC shipments. The algorithms generate recommendations on optimal ways to rebalance inventory based on cost and service level impacts.

article thumbnail

Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Moreover, products can be shipped to stores in-time then lost sales is minimal. The answer is that they use the multi-echelon inventory model to solve the problem. The key ingredients of Dell''s supply chain are the partnership with suppliers, part modularity, vendor managed inventory program, demand management and mass customization.

article thumbnail

What are Reverse Logistics?

Logistics Bureau

This process involves handling returns, which can be due to various reasons, such as damage, defects, seasonal inventory, restock, salvage, recalls, or excess inventory. They may recall inventory from retailers or reprocess it because it has passed its sell-by date or demand is insufficient. Pay for the return not to happen.