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Another Reason to Expand Definition of Supply Chain Visibility

Talking Logistics

For several years now I’ve been arguing that the scope of end-to-end supply chain visibility must go beyond the tracking of orders, shipments, inventory, and assets in motion. Read more The post Another Reason to Expand Definition of Supply Chain Visibility appeared first on Talking Logistics with Adrian Gonzalez.

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The New Definition of Supply Chain Agility and Resilience in an Unpredictable World

Logistics Viewpoints

The definition of agility and resilience will continue to evolve. This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. There are Also Commercial Reasons. The Road to Agility and Resilience.

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Inventory Turnover Ratio: Definition & Improvement + Calculator

Unleashed

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover is expressed as a financial ratio.

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The Renewal Logistics Story with Courtney Folk

The Logistics of Logistics

Courtney Folk and Joe Lynch discuss the Renewal Logistics story. Courtney is the Co-Founder and CEO of Renewal Logistics , a full-service apparel fulfillment company that is the largest independent apparel restoration company in the US. They are the definitive industry experts in the world of apparel fulfillment.

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Lead Time Definition – How to Calculate & Reduce it?

SCMDOJO

To make things simpler, having a clear lead time definition helps in making sure orders are fulfilled on time and customers are satisfied. With this in mind, we will explore in this blog the definition of Lead Time, its impact, and how mastering it can be your competitive advantage. Cost Savings: Reduction in inventory holding costs.

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Inflation in 2022: Is the Bullwhip Effect to Blame for Retail Inventory Glut

Logistics Viewpoints

I did a little digging to find out the specifics about excess inventory, the stated causes, and the potential implications. Retailers’ Inventories – Just Keep your Returns? Unfortunately, I am unsure about the order of magnitude or the duration of these inventory mismatches. Here’s my take on the topic.

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Supply Chain Resilience. Really?

Supply Chain Shaman

Expand the “FLOW” program for logistics information sharing to forecast transportation flow. We are not clear on definition. So, if you use the Supply Chain Insights definition, you might ask, how are we doing commercially against this goal? I am currently doing research on inventory management. The reason?