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Is Inventory Waste or an Asset?

Supply Chain Shaman

I am sitt ing in seat 4E on an evening flight to San Francisco thinking about my day. 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.

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The Impact of Collaborative TMS on Supply Chains Bottom Line

Turvo

It is a new shipper-carrier collaboration approach to enhance supply chain visibility, reducing transit times, and inventory-carrying costs for retailers and suppliers while improving carrier asset utilization levels. . As a result, there is often excessive inventory and under-utilized carrier capacity. It saves time and labor hours.

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Top 12 New Logistics Startup Companies Making Noise

ShipBob

Think about your most recent purchase. This sequence of events involves many moving parts, including purchasing, packaging, shipping, and transporting materials to distributors to sell to the end customer. Freight forwarding. Inventory management. Warehousing and storage. Handling raw materials. Order fulfillment.

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Walmart: 3 Keys to Successful Supply Chain Management any Business Can Follow

GlobalTranz

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 million employees without a focus on good supply chain management.

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This Week in Logistics News (February 27 – March 3, 2017)

Talking Logistics

Boston startup raises $10M for retail software that predicts inventory needs (Boston Business Journal). Freightos unveils beta launch of international freight price index (American Shipper). 2016 North American Freight Numbers. San Francisco-based Starsky, which has raised $3.75