Inventory Management

LeanCor

Inventory management, network infrastructure, and labor deployment are all critical components necessary to meet this intense customer demand. Inventory Management Strategy. This leaves us with one option: pushing the boundaries of current inventory management practices.

Vendor Managed Inventory Model for Supply Chain Cost Reductions

Cerasis

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan.

Is it time to integrate your supply chain design with execution?

JDA software

its inventory management and where and how well it deploys inventory to optimize customer service levels and profitability. its transportation management and how well it continually procures, plans, executes and monitors freight. Inventory management.

Distribution Network Optimization: Modeling Tools Won’t Give You the Answer

Consumer Goods Logistics

Warehouse optimization modeling exercises examine the upside of being closer to customers versus the downside of carrying more inventory in more locations. Supply Chain Challenges Logistics Systems Warehouse Operations 3PL Outsourcing Freight Transportation

An Inventory Audit Guide for Wholesalers and Distributors

EMERGE App

However, we shall soon see why an inventory audit is critical for businesses dealing with physical stock. You shouldn’t confuse an inventory audit with two popular means of tallying your stock: physical stock takes and cycle counting. What is an Inventory Audit.

The 5 Point Last Minute Black Friday Supply Chain Checklist!

Supply Chain Game Changer

Is Your Inventory In Place? You can’t complete customer orders unless you have your inventory on hand. You may also want to do some last-minute Inventory counting, especially on your high value, or high volume, goods. Subscribe Here! Email Address.

[INFOGRAPHIC] Supply Chain Planning: 4 Essential Year End Questions to Ask Yourself

Cerasis

We will also include a bonus portion of the post to include what is the outlook for the freight marketplace in 2016 and what to consider as you start to plan for better transportation management in 2016. . BONUS: Freight and Transportation Costs Must be Considered in Supply Chain Planning.

8-Step Importing Guide For First Timers

EMERGE App

You could do it manually but why do it when smart inventory management systems , such as EMERGE App , can automatically calculate landed costs for you? Exercise common sense and order a few pieces of each size, color or variant. Introduction.

How Bad Weather Can Take Supply Chains by Storm—and How You Can Prepare

CH Robinson Transportfolio

Conduct a procurement exercise at the same time of year, every year. But before you choose, measure how much freight your carriers are actually hauling, compared to what they promised. Can they step in and move additional freight volumes in a pinch?

5 Supply Chain Mistakes that Handicap Business Performance

Logistics Bureau

Strange as it may seem, many business leaders don’t have the answers to these questions , because they’ve never conducted an exercise to understand the costs involved with supplying their customers. Increases in obsolete and/or excess inventory. Reduce freight costs.

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.

How Resilient is Your Global Supply Chain?

3rdwave

Node visibility is essential are at the source (suppliers factories) and inventory (consolidators, manufacturing facilities, distribution centers). Positioning assets effectively require visibility into the contract obligations so that meaningful options and actions can be exercised quickly.

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.

Risk Management: Is 2018 the Year of Living Dangerously?

Enterra Insights

Monahan and Gott note, “It takes a broad suite of tools to effectively manage a supply chain today, including everything from software and systems specializing in logistics, data analytics and inventory management to tools enabling demand forecasting, freight management and ensuring security and beyond.” to a more resilient ‘trade-game-theory’ and ‘scenario planning’ exercise to prepare for increasingly prominent political risks.”

Supply Chain and Logistics Predictions for 2016

Talking Logistics

And more companies are treating Supply Chain Design as a continuous business process instead of a standalone project or a once-a-year exercise (see Supply Chain Design: Growing Scope, Community, and Collaboration ). How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Like oil prices, interest rates impact supply chain policies and decisions, especially with regards to inventory.

This Week in Logistics News (March 30 – April 3, 2015)

Talking Logistics

January 2015 North American Freight Numbers.

7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. Moving to a vendor-managed inventory model wherever it was possible to do so.

Guest Blog Part 2: Start Your eKanban Implementation with Value-stream Mapping and Engaging Your Suppliers

synchrono

With eKanban implementations, this can be any number of problems including excess materials on hand, slow inventory turns, too much scrap and more. If you’re not using a manual Kanban system, map the current inventory replenishment process.) Freight costs. by Jim Shore.

What is 4PL and 5PL? – Everything a Wholesaler Should Know

EMERGE App

The logistics function also includes inventory management. Using inventory management software will mitigate most of the work in managing and recording the flow of goods in the company. It can exercise far more control over the fulfillment process than with an external party.

3PL 77

What is SCM and Why is it Important?

Oracle SCM

By giving an organization end-to-end visibility from developing products to fulfilling orders, through planning and managing inventory, sourcing, manufacturing, and delivery SCM systems provide the competitive advantage for companies to innovate, connect and simplify their business.

SCM 125

How Bad Weather Can Take Supply Chains by Storm

CH Robinson Transportfolio

Conduct a procurement exercise at the same time of year, every year. But before you choose, measure how much freight your carriers are actually hauling, compared to what they promised. Can they step in and move additional freight volumes in a pinch?

Supply Chain Career Changes – How to Get In, Get On, and Get What You Want

Logistics Bureau

One person’s supply chain career might be focused on the specific area of freight forwarding, for example, whereas another person’s might encompass end-to-end operational management from raw materials management to customer invoicing.

Collaboration at the Logistics Sharp End – Can It Work?

Logistics Bureau

Two freight forwarders might work together to achieve better geographical coverage by combing their two fleets and driver workforces. Cost savings or sharing may be imperative for 3PLs or freight brokers to access certain transport resources for their clients.

3PL 52

Business Continuity Affects All Your Supply Chain

Logistics Bureau

Taken to extremes, reckless spending on business continuity might even make your business go bankrupt, which would defeat the point of the exercise. For example, a flexible transport strategy could use different freight forwarders or use rail and road in parallel.

Lean 52

Collaboration at the Logistics Sharp End – Can It Work?

Logistics Bureau

Two freight forwarders might work together to achieve better geographical coverage by combing their two fleets and driver work-forces. Cost savings or sharing may be imperative for 3PLs or freight brokers to access certain transport resources for their clients.

3PL 52