Remove Freight Remove Inventory Remove Inventory Management Remove Minneapolis
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The Great Store Redo

Cathy Roberson

In four of its Minneapolis test stores, Best Buy reduced the shoppable square footage to 15,000 square feet to provide more space for fulfillment. Supply Chain Implications Smaller stores typically mean less inventory. Hence, investing and utilizing a good inventory management system will be critical.

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This Week in Logistics News (May 8-12, 2017)

Talking Logistics

Target to test next-day delivery service in Minneapolis (Reuters). March 2017 Freight Transportation Services Index (TSI). Could it develop the necessary technology to manage inventory and shipments across many disparate partners and get the warehouses to use it? Amazon cuts free shipping minimum to $25 (Reuters).

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28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.