The Inventory Accuracy “Confidence Gap”

Talking Logistics

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance. And it begins with improving their inventory accuracy.

Spotlight on PROMAT 2019: USA trends in DC Equipment and Digital Consciousness

Logistics Bureau

In this article, I will give you a glimpse of some of the distribution centre (DC) trends and technologies that Australian firms should be aware of. Inventory and network optimisation is forecast to reach 75% adoption over the next two years, and 90% over the next five years.

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Improving Your Manufacturing Operations Using Warehouse Automation  

NC State SCRC

With inventories shrunk to a minimum, any hiccup in deliveries from the warehouse can idle machines and even entire production lines. In the warehouse, this breaks into two areas: automating the physical movement of goods and automating the capture and use of inventory records.

How Adding Ship-from-Store to an Omni-channel Strategy Changes the Retail Network

Talking Logistics

Additionally, ship-from-store improves margins by providing demand to slow moving inventory trapped at a store. Utilizing store inventory to ship e-commerce orders enables the last remaining units for the entire country. In a time when even small retailers are competing with companies such as Amazon, the ability to ship from store can be a differentiator, enabling new points of distribution without the cost of adding a new distribution center (DC).

The Amazon Revolution, Part II: Tuning Your Multichannel Supply Chain to Compete

ToolsGroup

Supply chains inventory pools must be positioned to fulfill a wide item assortment that is customer behavior agnostic, a ccommodating both e-commerce or brick-and-mortar purchases. An Amazon recruiting poster. In the retail revolution, Wal-Mart first brought low-cost goods to the shelf.

How to interpret demand-sensing data

The Network Effect

Demand Sensing is really a call to action for every company because now the capability exists to manage the entire process from demand signal capture to both short-term and long-term forecasting, resulting in increased sales revenues and decreased inventory costs. Nic McPhee/Flickr.

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Exploring the Eight Layers of Matrix Retail

Supply Chain Network

Just a few of the key questions in the Sourcing & Deployment component of Matrix Retail. Sourcing options for products continues to evolve with direct to consumer shipping from offshore sources challenging even established players like Amazon and Walmart.

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Carter’s: A Story of Supply Chain Leadership

Supply Chain Shaman

The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. They include growth, inventory turns, operating margin and Return on Invested Capital (ROIC)). Inventory Turns.

Push vs. Pull in your supply chain…what’s the difference?

The Network Effect

This is a weekly forecast at best, and is from the DC to the store. Only immediate customer requirements are drawn from the protective inventories upstream. The result is an automated inventory policy driven by actual pull requirements at the granular level. Loren Kerns (Flickr).

Distribution in China takes a detour

Supply Chain Movement

China is not only an attractive market in terms of sourcing and manufacturing but also for the sale of goods due to the rapid growth of its middle class. That leads to extra inventory and extra costs and hence necessitates a substantial level of turnover in order to be financially feasible.

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Reader Question: Reducing Sort Lanes to Reduce DC Costs

Supply Chain Digest

Inventory Management/Optimizat. Content Being Accessed: Reader Question: Reducing Sort Lanes to Reduce DC Costs. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information. Search. or Search by TOPIC. Select Topic. Bar Coding/Label Printing. Compliance Networks. Consumer Goods and Retail Supp. Demand Planning/Forecasting. Distribution/Centers. ERP Systems. Global Logistics. Green Supply Chain.

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Things Have Changed: What Do We Do NOW?

Supply Chain Shaman

The work done by Terra Technology, in my opinion, is one of two accurate sources of benchmark data on forecasting in the industry. I do not see the same results from the multitier inventory projects.

Turn your Brick And Mortar Stores into E-Commerce Distribution Hubs!

Supply Chain Game Changer

So how can Brick And Mortar Retailers turn their stores into a competitive advantage plus a source of greater profitability? They can either markdown the goods or they can return the items back to the DC. Inventory Visibility and Omnichannel Availability. Subscribe Here!

Intelleflex Announces Cellular, GPS-equipped RFID Reader & Cloud-based ZEST™ Data Services Platform

Supply Chain Network

To achieve full efficiency, the supply chain needs secure, accurate and timely data on the inventory status and condition of its products. ZEST Data Services makes it easier for Intelleflex partners to develop enterprise-aware applications by pointing to a single data source.

Impact of Macro Trends on Supply Chains: Diversification of Sales Channels

Supply Chain @ MIT

At the 2013 MIT Center for Transportation & Logistics Annual Crossroads conference*, UPS’s Randy Strang described this evolution from single-channel (traditional brick & mortar) to multi-channel (siloed operations) to cross-channel (where some integration of inventory occurs) and finally to omni-channel (where the consumer experience is a blend of all channels). The inventory in the stores is now fair game for fulfillment within other channels. Hard sell.

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Logistics KPIs Case Study: Whirlpool’s Supply Chain and Logistics Success Driven by Effective KPI Implementation

Cerasis

With this varied inventory, plus a large direct sales force in more than 170 countries and an unpredictable sales cycle, effective supply chain management is critical for continued growth.

Efficient Customer Order Routing

Cognira

While there is great variability in order routing techniques, most boil down to applying a set of rules to determine the inventory eligible to use and then selecting the sourcing location with either the lowest shipment cost or shortest delivery time. Overview.

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Efficient Customer Order Routing

Cognira

Current State of the World While there is great variability in order routing techniques, most boil down to applying a set of rules to determine the inventory eligible to use and then selecting the sourcing location with either the lowest shipment cost or shortest delivery time.

DC 52

Your Customer is Going Omni-channel. What is the Impact of Omni-channel on the Supplier?

Supply Chain Nation

All this is changing retailers’ thinking about a range of issues from inventory policies to fulfillment. They want to understand the source market—where it was made, the labor and other practices of the manufacturer, and so on.

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Logistics Industry’s Slow Economic Comeback Continues in Spite of Challenges

Supply Chain Network

The Council of Supply Chain Management Professionals (CSCMP) released its 22nd “Annual State of Logistics Report®,” presented by Penske Logistics, today at a press conference at the National Press Club in Washington, DC. Inventory carrying costs increased 10.3 percent last year due to higher costs for taxes, obsolescence, depreciation, and insurance, which were offset by a further drop in the inventory carrying rate and warehousing costs.

Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies.

Experts Choice Of Top Online Logistics Resources

Freightos

So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. is one of the industry’s most respected logistics sources. DC Velocity. Sourcing Innovation.

Supply Chain Congratulations in Order!

Logility

This year’s 2012 Sailing to New Heights with Logility Award was presented to KGP Logistics, one of the country's largest single-source value-added suppliers of supply chain services, communications equipment and integrated solutions to the telecommunications industry.

Three Benefits of a Resilient Supply Chain

Oracle SCM

When La Niña threatens the ability to source material, manage operations and inventory, or transport it, it becomes a supply chain problem. Supply chain solutions need to be flexible enough to change and powerful enough to help organizations stay online, manage inventory and respond to change. They need to be accessible all the time with real-time inventory data and adaptability to global constraints. Diego Pantoja Navajas , VP WMS Development.

[INFOGRAPHIC] Effective Supply Chain Management In Manufacturing Key to Revival of Industry in U.S.

Cerasis

From the person who sources the original wood from a tree to the company that delivers the finished desk to the store: they all need to effectively fit under the supply chain management umbrella. The more people you add into any project, the more complicated everything gets.

Next-Gen Supply Chain Management

Talking Logistics

Then, and only then, as a category manager or merchant buyer, will a supply chain professional and his or her internal customers be able to get a comprehensive picture of the inventory of the products they are responsible for, including what’s on the shipper’s dock, at the consolidator, on the ocean vessel or stack train or truck, in the DC and on the store shelf.

Managing Warehouse Management Systems (WMS) For Future Growth

IQMS

Relying on a WMS, analytics, BI, mobile and real-time monitoring is decreasing costs associated with under-utilized inventories faster than expected while improving inventory visibility.

The Grocery Supply Chain of the Future – Part 3 of 4

Supply Chain Nation

This blog post will dive deeper into the implications of those shifts on supply chain capabilities, discussing increasingly flexible supply chain models, order processing operations (both in store or in DC), the incorporation of manufacturing as a critical component of an integrated grocery supply chain and the increased emphasis on freshness/quality visibility and management across the supply chain. Preparing for the Marketplace of the Future.

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Case Europris

RELEX Solutions

Its low-cost model relies on optimized sourcing, logistics and distribution. Firstly, it appeared that some stores were carrying significantly more inventory than others. The SC team felt it would be possible to reduce inventory by 10-20% overall.

Preparing Your Supply Chain for the Omni-Channel World (Part 3): Capturing and Reacting (in Nearly Real Time) to Moments of Truth

Supply Chain Nation

Figure 1 shows how various new data sources can enrich the demand-shaping effort. On the supply planning side, various improvements are required as well: The network model and number of stocking points to consider for replenishing inventory have increased exponentially.

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This Week in Logistics News (August 5-9, 2013)

Talking Logistics

Court of Appeals for the D.C. In technology-related news, Oracle announced the new release of Oracle Retail Allocation that helps retailers “to deliver the right product, in the best assortment, for each location using real-time inventory levels along with sales and planning information.”

The Changing Face of Grocery – Part 1 of 4

Supply Chain Nation

The blog series will discuss shifting consumer behaviors, a variety of implications to the supply chain required to provide and scale service, while effectively managing inventory and value add processes, the ability to define and deliver an agile and scalable framework of capabilities that can aggressively respond to emerging trends and more.

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Day 3: Lenovo Goes About Creating the End to End Transparent Supply Chain

NC State SCRC

Planning and Execution (Howard) owns planning, inventory and production, with Logistics (Jerry) owning inbound and outbound. Managing inventory cost is always an issue, and it is often driven by a number of factors. So procurement will buy ahead, and work with suppliers to understand the situation in the market, and that may drive up inventory in one sector. When we are focused on inventory and Excess &Obsolescence (E&O) you know we are not doing well.

Matrix Commerce is Coming Will You Be Ready?

Supply Chain Network

Matrix Commerce describes the complex construct integrating marketing, sales, sourcing, pricing, profitability, service levels, delivery and consumer perceptions. Undoing Thirty Years of DC Network Consolidation.

The Impact of Poor Quality

Pivot88

Excess & Obsolete inventory. Pivot88’s quality software offers the possibility to do easier and faster inspections in all stages of manufacturing from lab tests, T1-T2, incoming, inline, final and DC, in order to have true 360º visibility on your products’ quality.