Remove Events Remove Innovation Remove Inventory Remove Sourcing
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2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Logistics and inventory management rounds out the top four focus areas at 82 percent. Sourcing and Procurement In sourcing and procurement, the top focus area for 2024 continues to be supplier/vendor relationship management (SRM).

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Build Supply Chain Resilience with a Diverse Sourcing Strategy 

Logility

But considering how supply chains have responded and overcome high-impact global and regional events over the past couple of years, Mark Balte, Logility’s executive vice president of supply chain innovation, believes that resilience ultimately comes down to planning. Developing Diverse, Resilient Sourcing Strateg ies.

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Conquer Inventory Challenges in the Era of Supply Chain Disruption

Logility

It’s a complex problem, but you can successfully optimize inventory levels with the right approach and technology. With all of today’s supply chain disruptions, and new ones no doubt lurking around the corner, companies without optimized inventory are risking overpaying and underperforming. Supply chain disruption is a complex issue.

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ToolsGroup-IHL Group 2022 Retail Inventory Study Shows Diminishing Customer Loyalty Due to Out-of-Stock Concerns

ToolsGroup

Improving inventory position can help retailers secure consumer loyalty and capture impulse spending. Across other retail sectors, customers have increased their trust in inventory availability from 1-7%. In July 2022, IHL and ToolsGroup surveyed U.S. consumer trust in retailers over the last two years as a result of out-of-stocks.

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Save The Supply Chain Leader From Groupthink

Supply Chain Shaman

Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. My take away?

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Robots Take Center Stage at MODEX 2024

Logistics Viewpoints

MODEX 2024, held in Atlanta, Georgia, from March 11 to 14, attracted more than 35,000 attendees and featured over 150 educational sessions, keynote speakers, and networking events. The robots can perform various tasks, such as transporting goods, picking orders, sorting items, and replenishing inventory.

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Blue Yonder’s Chief Product Officer Shares Insights Into Innovative Solutions to Revolutionize Your Supply Chain Performance

BlueYonder

Following ICON 2023 in Las Vegas, Blue Yonder’s Chief Product Office Gurdip Singh shared the key product innovation takeaways from the event during a Blue Yonder Live session. It is no longer okay for an event to occur and there to be significant latency before a supply chain is able to respond to it.