Remove Eliminating Excel in Purchasing Remove Procurement Analytics Remove Supply Chain Disruption Remove Warehousing
article thumbnail

Raw Material Inventory Management: Manufacturer’s Guide

Unleashed

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. This is achieved through accurate demand planning and effective warehouse management.

article thumbnail

10 Wholesale Distribution Industry Trends for 2022 and Beyond

Unleashed

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. That said, as we’ll see in the other trends in this report, COVID-19 has also been a transformational turning point.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. By how much?

article thumbnail

The Annual State of U.S. Logistics Report – Added Candidness and Need for More Synchronization

Supply Chain Matters

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. business logistics costs for 2021. .

article thumbnail

Managing Excess Inventory Needs a New Profitable Approach

BlueYonder

Recent reports have highlighted the challenges many retailers are having with excess inventory. With supply chain disruptions continuing, purchasing more stock in advance to meet the forecasted upturn in demand made perfect sense. For many retailers, the first thought to reduce unsold items is to simply buy better.

article thumbnail

Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

Inventory analytics can go a long way in understanding and improving the inventory performance and often done by an inventory manager. Key Pillars of Supply Chain Inventory Optimization. Accurate demand forecasting is an important element of supply chain inventory optimization solutions. DEMAND FORECASTING.

article thumbnail

The Impending Ocean Carrier War on Last Mile Fulfillment

Freightos

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases.