Remove Freight Remove Inventory Remove Shipping Remove St. Louis
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What Are the 5 Biggest Supply Chain Issues Today?

Stord

While the rest of the world adopts cloud technologies to help them break down silos and integrate communication, companies continue to use disparate applications and tools for managing orders, evaluating inventory, and shipping goods. The COVID-19 pandemic only highlighted and exacerbated those issues.

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Improving Truck Load Optimization with Better Supply Chain Planning

New Horizon Supply Chain Blog

Supply planners routinely plan purchasing, manufacturing, and outbound shipments based on detailed parameters relating to inventory levels, purchasing lead times, and manufacturing capacity. Source: Data from the Federal Reserve Board of St. Low transportation capacity utilization results in higher costs per unit shipped.

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The Top Dozen Supply Chain Innovations of All-Time

Operations and Supply Chain Management

The Kiva Robotic Picking System: The idea for the orange AGV-like robots that bring inventory to order pickers was first conceived in 2003 by CEO Mick Mountz, and with the help of some MIT professors Kiva brought the technology to market less than two-years later. The LCC is now of course a standard logistics practice today.

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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. Louis, M.S.

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Tidbits from Russ Aborn - Operating Authority Enigma

Freight Plus

The rail car might be pulled offline in St. Louis and shunted to a new train going to direct to Boston. Companies often carried as much as six months of inventory of a given item due to long transit times. The new highways enabled manufacturers and distributors to ship between states far quicker if not more economically.