Seven Misconceptions on Managing Inventory in a Market-Driven World

Supply Chain Shaman

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Digital Supply Chain.

How the Coronavirus is underscoring the relevance of Global Supply Chain throughput: From the Frontlines of Yokohama, Milan, and Southern Florida

ThroughPut

Some are concerned about a pandemic, others about the deceleration of the global supply chain and its effect on their bottom lines, and yet others about their employees, customers and families. Last week, I couldn’t find some backup facial masks in all of southern Florida.

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Supply Chain Risk Management: Could You Face a Category 4 Supply Chain Disaster?

Kinaxis

states, obvious disruptions to supply chains and supply chain risk management were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. The human links of the supply chain were stressed.

The Journey for Excellence

Supply Chain Shaman

As I walked, I reflected on the many discussions that I have recently had with multiple supply chain leaders on Supply Chain Excellence. We are also finishing up quantitative studies on inventory optimization and Sales and Operations Planning. Digital Supply Chain.

El Niño May Have Your Supply Chain Partying Like It’s 1997

Kinaxis

A massive El Niño occurred in 1997-1998, unleashing record rains in California, deadly tornados in Florida, and a brutal drought in Indonesia, thus landing the term firmly on the radar (no pun intended) of millions of people around the globe. Assess Inventory Positions.

Sales and Operations Alignment: Often The Missing Link

Supply Chain Shaman

I first met Shane in 2007 at the beginning of his work with Syngenta’s value chain. Seldom do I see a commercial leader transition to supply chain, and I wanted to gain his insights. Orbit Chart of Syngenta and Monsanto of Progress on Operating Margin and Inventory Turns.

Hurricane Best Practices for Your Supply Chain

Elementum

Hurricane Michael is approaching Florida via the Gulf Coast, threatening to rise from its current Category 1 status before making landfall on Wednesday. W e wanted to remind you of some operational best practices to keep in mind while preparing your supply chain for the worst.

Equipping Your Supply Chain Risk Management Kit

Enterra Insights

You might find then find it surprising that a recent survey, conducted by Verdantix, found more than half of the company representatives who responded indicated “they still use a mix of spreadsheets and paper” as part of their supply chain risk management process.[1] The staff at CAST Software writes, “Supply chain risk management (SCRM) involves monitoring for and identifying potential threats to the supply chain.

What is Supply Chain Compliance and Why is it Important?

AB&R

The great news about supply chain compliance is that AB&R® makes it a breeze. Supply chain compliance may include things such as employee labor laws, hazardous material handling, and environmental concerns. Labels and Supplies. Florida.

Top 10 Supply Chain Innovations of 2018

Material Handling & Logistics

We salute the year’s top advancements in supply chain technology and processes. Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supply chain roles are rapidly being transformed into all-new opportunities.

Building Outside-In Processes

Supply Chain Shaman

On Monday, I would speak in Orlando Florida at the Terra Technology event; and on Wednesday, present the keynote at the Logistic Summit & Expo in Mexico City. I believe that supply chains build economies and save the world. I also believe that supply chains need a revolution.

What is Inventory Management?

EMERGE App

What is Inventory Management? Inventory management, in a nutshell, describes your efforts to manage, assess and report on the flow of your stock of goods. You might be using pencil-and-paper, spreadsheets or sophisticated inventory management software to do this.

Hurricane Best Practices for Your Supply Chain

Elementum

Hurricane Michael is approaching Florida via the Gulf Coast, threatening to rise from its current Category 1 status before making landfall on Wednesday. W e wanted to remind you of some operational best practices to keep in mind while preparing your supply chain for the worst. Create models and scales customized to your supply chain’s potential impact, to help your teams and at-risk supply chain locations better visualize the risk.

SCRC Meeting – Tom Linton’s “Supply Chain Eight” and Golden Winged Warblers : Questions Every New CSCO Should Ask Their CEO

NC State SCRC

Our 40 th Bi-Annual Supply Chain Resource Cooperative meeting was a great success, culminating with the student gallery walk, featuring 27 undergraduate and MBA supply chain projects. Evaluate structural changes in your supply base that could reduce risk exposure.

There’s no crying in supply chain… and other lessons from Kinexions ‘19

Kinaxis

There’s no crying in supply chain. Despite all that, this past week at Kinexions ’19 in Orlando, Florida, I was reminded once again how enriching, inspiring and fun (yes, fun!) Supply chain is a team sport. Supply chain is about eliminating waste.

Peeling Back The Orange Juice Supply Chain! (Video)

Supply Chain Game Changer

Check out Food Waste and World Hunger – The Food Supply Chain is Broken! While Oranges and Orange juice are common and usually easily found it is still curious as to what the Orange juice Supply Chain is. The Orange Juice Supply Chain.

New Survey from JDA and KPMG Highlights Top Drivers and Inhibitors of Supply Chain Investment

Supply Chain Nation

Last week JDA hosted more than 2,000 customers and partners at FOCUS in Orlando, Florida. The survey found that trying to keep up with customer expectations is driving retailer investment in the supply chain, while agility and innovation is driving manufacturer investment.

New Survey from JDA and KPMG Highlights Top Drivers and Inhibitors of Supply Chain Investment

Supply Chain Nation

Last week JDA hosted more than 2,000 customers and partners at FOCUS in Orlando, Florida. The survey found that trying to keep up with customer expectations is driving retailer investment in the supply chain, while agility and innovation is driving manufacturer investment.

Who said supply chains are boring?: Disney 'Imagineers' a Supply.

Supply Chains Rock

Who said supply chains are boring? Whenever I tell a friend, colleague or family member about my job as soon as the words "supply chain" are muttered I immediately see glassy eyes followed by a yawn or two. Little do they realize that every time they discard or recycle a carton of milk they are completing the end of the supply chain cycle. Without supply chains consumers would be stuck using products that they had to make or grow with their own two hands.

This Week in Logistics News (October 8-12, 2018)

Talking Logistics

The VP of Supply Chain and Logistics at our house (aka my wife) has been out of the country this week. I have to go to the grocery store again today to replenish our inventory (yeah, I don’t shop for groceries online; as the son of a bodegero, I’m old fashioned that way.).

Merchants Market Group Implements Blue Ridge Supply Chain Planning Technology

Blue Ridge

Enables leading Caribbean food service distributor to accurately forecast seasonal demand patterns and precisely align inventory levels at every distribution center. The post Merchants Market Group Implements Blue Ridge Supply Chain Planning Technology appeared first on Blue Ridge Global.

Off to a Healthy Start, Logistics M&A Activity Could be on Hold

Logistics Trends and Insights

Kuehne + Nagel’s businesses, which is headquartered in Switzerland, include inbound and outbound distribution, reverse logistics management and inventory management. A report from Supply Chain Dive also predicts increased opportunities in niche markets. by Amy Wunderlin .

Retail Leaders: Shift from a Static to a Dynamic Supply Chain

Supply Chain Nation

When discussing the biggest disruption hitting retail today, a super-session panel of leading retailers at FOCUS 2013 in Orlando, Florida agreed it was….the Meet the panel: Robin Bornkamp, Vice President, Inventory & Demand Planning, Lowe’s. From Static to Dynamic Supply Chains.

7 Pitfalls of Amazon FBA (Fulfillment By Amazon)!

Supply Chain Game Changer

While FBA sellers weren’t held directly liable for this failure, thousands of FBA sellers were severely impacted when Amazon enforced last minute changes to their inventory storage policy just before the holidays. Amazon FBA Inventory Woes. Amazon FBA Inventory Swap.

Who said supply chains are boring?: Reader Email

Supply Chains Rock

Who said supply chains are boring? Whenever I tell a friend, colleague or family member about my job as soon as the words "supply chain" are muttered I immediately see glassy eyes followed by a yawn or two. Little do they realize that every time they discard or recycle a carton of milk they are completing the end of the supply chain cycle. Without supply chains consumers would be stuck using products that they had to make or grow with their own two hands.

Get Your Supply Chain Back on Track in the Wake of the Hurricanes

Material Handling & Logistics

The ripple effect of these delays will be felt up and down the supply chain, from these port closures delaying shipments in and out of the country, floods leading to lost inventory and general destruction keeping companies closed for days or weeks at a time.

Miami 63

Omni-channel Emerging as Top Retail Logistics Issue

Supply Chain Network

December is now upon us and before we know it we’ll be starting off 2014 right, which means it won’t be long until we’re all gathering in San Diego Feb 23 rd to 26 th for RILA Supply Chain 2014. Last year in Florida at RILA Logistics 2013, the topic of multi-channel was discussed with 5 related presentations delivered where the challenges of the coming omni-channel revolution were laid down. Speaker(s): Debbie Fortnum, Senior Vice President, Supply Chain, Belk, Inc. ? , ?

Time for Value Chain 4.0?

Supply Chain Shaman

Globally, why is there not a vision for Supply Chain 4.0? Stuck today, nine out of ten companies struggle to improve performance at the intersection of operating margin and inventory turns. Today’s supply chains do not sense.

It’s time to revolutionize planning

Kinaxis

Google’s value was re-emphasized to me just the other day as I returned to Ottawa after a great week of sun and sand on the Florida treasure coast. You might end up with long queues of inventory in limited space, clogging up work spaces. Miscellanea inventory planning

Pull Your Own Upset

Creating Supply Chain Excellence

I thought it would be interesting to see how these lessons learned translate to our world of supply chain. Florida Gulf Coast made Georgetown uncomfortable in a 2013 game. To attack the strong but slower Georgetown, Florida Gulf Coast ramped up the pace of the game.

JDA FOCUS 2017: That’s a Wrap!

Supply Chain Nation

More than 2,000 attendees traveled to JDA FOCUS 2017, which was held at the MGM in Las Vegas, to get the latest insights from thought leaders and key players across supply chain management to help them deliver the seamless customer experience. FOCUS Supply Chain FOCUS 2017

Escaping the Cold

Logility

The weather, even here in Atlanta, has been crazy and the thought of Spring and its warmer temperatures makes me long for my childhood home in South Florida. So, it is no wonder the idea of Florida right now is quite enticing.

Hurricane Harvey & Irma's Threat on the Product Economy

Elementum

According to the Caribbean Disaster Emergency Management Agency’s estimate, 90% of Anguilla’s power infrastructure was damaged, 90% of government buildings damaged, and that the island suffered “significant damage to [its] main water supply. ”. Florida’s economy may also be affected.

ScottsMiracle-Gro Improves Distribution System in Sustainability and Customer Service

Supply Chain Network

We are excited to extend our improved distribution model to the Northeast because it will provide quicker service to our large retailers and benefit consumers in this key market,” said Dave Swihart, senior vice president, Global Supply Chain, ScottsMiracle-Gro. “In Improve inventory turns at retail by reducing fertilizer order minimums. A new 100,000-sq. warehouse will be added to The Scotts Miracle-Gro Company’s operation in Lebanon, Conn.

JDA FOCUS 2017: That’s a Wrap!

Supply Chain Nation

More than 2,000 attendees traveled to JDA FOCUS 2017, which was held at the MGM in Las Vegas, to get the latest insights from thought leaders and key players across supply chain management to help them deliver the seamless customer experience. appeared first on Supply Chain Nation Blog.

With LTL Fuel Surcharges on the Rise, What Are the Expectations and Projections of Higher Fuel Costs on LTL Shipping?

Cerasis

In other words, they will increase per-barrel pricing to create a cushion for future economic change, but as businesses continue to operate with more inventory and protections in place, says Freight Waves, the risk of sudden spikes in fuel surcharges in the only climb.

This Week in Logistics News (March 23-27, 2015)

Talking Logistics

With my son’s travel baseball team scheduled to begin its season next weekend, the coaches are employing some field maintenance tools you don’t normally see at a baseball field: For all of you who play baseball in California, Texas, and Florida, you have it so easy my friends.