Inventory Optimization: How to Handle Slow Movers

Supply Chain Nation

Do you know how many boxes of raspberry gourmet coffee Kroger should keep at their store in rural Georgia? You may be wondering why the number of raspberry gourmet coffee boxes Kroger has in their inventory at their store in rural Georgia even matters, but it does and here’s why: Inventory management is a critical part of every company’s supply chain and is a large part of the operating costs in all industries.

MIT Research: The Effects of Dynamic Safety Stocks on Inventory and Service Levels

RELEX Solutions

A firm that manages items with varying importance throughout the year can use dynamic service levels to have the right inventory at the right time. To build trust in an inventory policy, the insights and experience of key stakeholders should be used in developing the policy.

Checklist for working capital management

Supply Chain Movement

Working capital management revolves around inventory, debtors and creditors. Georgia. South Georgia and The South Sandwich Islands. Visuals cash checklist earn x turn finance inventory inventory days raw material risk Slimstock suppliers working capital

Operational Excellence: Streamlining the Warehouse Layout Process

Talking Logistics

Understand how the inventory moves. The first step in the process is to dig into the data on your current operations to determine the “behavior” of your inventory. This includes characteristics like: The volume of inventory on pallets vs. cartons. Can inventory be racked?

What is Supply Chain Compliance and Why is it Important?

AB&R

Georgia. Asset Management Blog Inventory Management Managed Services Manufacturing RFID Transportation & Logistics asset management barcode verification compliance labeling GS1 harsh environment labeling UDI

Critical Questions to Analyze Total Cost in Your Inbound Logistics Strategy

LeanCor

Inventory management and associated carrying costs. Are the purchasing discounts and incentives designed to motivate large shipments resulting in high inventory levels? Do we calculate inventory carrying costs? Georgia Tech Supply Chain and Logistics Institute | Savannah, GA.

Florence Et Al.

Supply Chain Shaman

North Carolina, South Carolina, Virginia and Georgia sit squarely in the storm’s path. It is now closed at the start of a busy shipping season as companies prepare for holiday inventory builds. This morning the Washington Post rang.

Live Webcast – Supply Chain Transformation: Avaya’s Journey

Kinaxis

He holds Bachelor’s and Master’s degrees in Industrial Engineering from Auburn University, and is an APICS Certified Fellow in Production and Inventory Management (CFPIM). Director, Global Operations, Sales, Supply and Inventory Planning. He earned his Bachelor’s Degree from the University of North Carolina and Master’s in Industrial Engineering from Georgia Tech. CSCP certified in 2010, Benji has broad experience in demand, supply, inventory, and financial risk planning.

On-Demand Webcast – Supply Chain Transformation: Avaya’s Journey

Kinaxis

He holds Bachelor’s and Master’s degrees in Industrial Engineering from Auburn University, and is an APICS Certified Fellow in Production and Inventory Management (CFPIM). Director, Global Operations, Sales, Supply and Inventory Planning.

A Brief History of the Founding of the Supply Chain Resource Cooperative (SCRC)

NC State SCRC

As you know, we lost Cecil last year, and I still miss his whistling and Georgia drawl in the hallways. And every project we do here, although they may all look at things like market intelligence, cost modeling, inventory analysis, business process analysis, or whatever is unique.

Breaking Down Perception Barriers to Women in Leadership

JDA software

My work allowed me to touch and gain experience in sourcing, inventory management, manufacturing and fulfillment operations. Most recently, I joined the board of TAGed, the non-profit arm of the Technology Association of Georgia (TAG).

KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Inventory stock turns in Days. Inventory management. Inventory levels. Supply Chain KPIs are Essential – The Right Ones! The information on this page WILL help you get it right.

KPI 100

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

Kinaxis

Lowe’s also had distribution centers in Florida, Georgia and North Carolina with extra supplies ready and waiting. This involved in some cases, diverting some inventory bound for other regions. Up to date inventory status.

Blue Ridge Recognized as a Leader in the 2016 Gartner Magic Quadrant for Supply Chain Planning System of Record

Blue Ridge

Cloud supply chain planning and inventory optimization provider moves from the “Niche Players” quadrant to “Leaders” quadrant. ATLANTA, GEORGIA (PRWEB) JANUARY 22, 2016. Steve Allgeier, Inventory Control Manager of Home Hardware, has seen the results of working with Blue Ridge.

[INFOGRAPHIC] The Evolution and History of Supply Chain Management

Cerasis

The computerization of this data opened the door to a huge opportunity for innovations in logistics planning, from randomized storage in warehouses to optimization of inventory and truck routing. History of Supply Chain Management.

31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

Cerasis

Obsolete and excess inventory carriage are more preventable. Caterpillar also returned about 1,900 jobs to Texas and Georgia to build construction equipment. This is the first post in a two part series on our update on Reshoring.

What is an Outside-In Supply Chain?

Talking Logistics

Companies no longer have excess material inventories at a time when prices fall, or a shortage of inventories at a time of increased demand. Mr. Katz earned a Bachelor’s Degree in Electrical Engineering from the Georgia Institute of Technology. . If you want to stay ahead of your competition, take the step beyond the traditional approach to supply chain.

Updated IT Subway Map: Major acquisitions in SC software

Supply Chain Movement

Georgia. South Georgia and The South Sandwich Islands. Such a system enables those companies to fulfil orders flexibly by dispatching the goods from various inventory points (e.g. The supply chain software industry is in a considerable state of flux.

23 warehouse pros reveal the best ways for warehouses to control & reduce fulfillment costs

6 River Systems

Choose software that facilitates the valuation and control of permanent inventories based on inputs or outputs, with automated stock alerts, that is versatile and independent of the type of business. Define normal parameters and fine-tune the physical inventory system.

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. ATLANTA, GEORGIA April 20, 2016.

Mindmap for the Fashion & Luxury Goods Market

Supply Chain Movement

Adequate demand planning and accurate inventory investments are key to successful supply chain management in this fast-moving industry. Georgia. South Georgia and The South Sandwich Islands.

Complex costs of transportation

Supply Chain Movement

To anticipate and respond to high customer demand, a modern Transportation Management System (TMS) needs to optimize inventory allocation. A TMS with inventory allocation enables shippers to monitor shipments down to the package level. Georgia.

Hurricane Florence: What We Know About the Year's First Major Storm

Elementum

Hurricane Florence’s path may affect over 4,000 manufacturing and distribution facilities in the Carolinas and Georgia, potentially impacting suppliers to multiple sectors. The alarming track of Florence led Georgia’s governor to declare a state of emergency Wednesday afternoon for all of the state’s 159 counties, home to 10.5 Mitigate this as much as possible by moving at-risk inventory to strategic locations.

Ace Hardware International Implements Blue Ridge Supply Chain Planning

Blue Ridge

ATLANTA, GEORGIA ( BUSINESS WIRE )-- June 7, 2016. Blue Ridge provides a complete solution, with extensive multi-echelon inventory optimization capabilities, enabling us to increase service levels by efficiently and effectively aligning inventory across our worldwide supply chain.”.

Three Blue Ridge Executives Named 2016 Supply Chain Pros to Know

Blue Ridge

ATLANTA, GEORGIA ( BUSINESS WIRE ) February 17, 2016. We enable our customers to increase revenue at lower costs by delivering an unprecedented level of precision and accuracy to forecast, plan and purchase inventory.

Hurricane Florence: What You Need to Know About the Year's First Major Storm

Elementum

Hurricane Florence’s path may affect over 4,000 manufacturing and distribution facilities in the Carolinas and Georgia, potentially impacting suppliers to multiple sectors. The alarming track of Florence led Georgia’s governor to declare a state of emergency Wednesday afternoon for all of the state’s 159 counties, home to 10.5 Mitigate this as much as possible by moving at-risk inventory to strategic locations.

Mindmap for Global Logistics Integration

Supply Chain Movement

Georgia. South Georgia and The South Sandwich Islands. Finally, the system should enable intelligent inventory location management to ensure optimal on-shelf availability for the end customers.

Blue Ridge Named to Supply & Demand Chain Executive’s SDCE 100 Top Supply Chain Projects for 2016

Blue Ridge

Recognized for increasing inventory turns and improving working capital at major food service distribution company. ATLANTA, GEORGIA ( BUSINESS WIRE )-- June 28, 2016. Blue Ridge ensures products are available at the right time, without incurring excess inventory cost.

10 questions about the benefits of S&OP for your organisation

Supply Chain Movement

Georgia. South Georgia and The South Sandwich Islands. Management at the helm. Some companies have a well-developed sales & operations planning (S&OP) process as a safeguard for structured decision-making.

Clorox Successfully Implements a Program for Value Chain Segmentation

Supply Chain Shaman

In this period, Clorox was acquiring products with significantly higher margins and lower inventory turns. While retail companies improved inventory, they lost ground on growth and operating margin. At the time, 40% of inventory of the Clorox company were these wipes.

Hurricane Harvey & Irma's Threat on the Product Economy

Elementum

In Georgia, operations at the Ports of Savannah and Brunswick will be closed for three days slated September 9. Price spikes haven’t been seen yet because companies are still burning through existing inventory.

3PL Subway 2015: Strategic movements among logistics providers

Supply Chain Movement

Georgia. South Georgia and The South Sandwich Islands. After years of declining revenues in European logistics services, the business started to stabilise in 2013/2014.

3PL 101

Insights from Ryder Innovate 2014

Talking Logistics

According to a 2012 study by The Georgia Center of Innovation for Logistics , the logistics industry is expected to create 270,200 job openings per year through 2018 (not only in trucking, but in warehousing and distribution labor and other areas too).

‘Best in Class’ Supply chain from a Road warrior perspective – Part 4

Kinaxis

When I refer to supply chain technology, I am talking about software to support the fundamental supply chain business processes — Demand, Supply, Inventory Planning, and Sales and Operations Planning. You inventory is in the wrong place at the wrong time.

The New Silk Road: Have You Evaluated Your Freight Options?

TMC

suppliers of frozen chicken to Kazakhstan began shipping product via the Black Sea and onward through Georgia, Azerbaijan, and across the Caspian Sea, to bypass trade restrictions imposed by Russia.

The New Silk Road: Have You Evaluated Your Freight Options?

TMC

suppliers of frozen chicken to Kazakhstan began shipping product via the Black Sea and onward through Georgia, Azerbaijan, and across the Caspian Sea, to bypass trade restrictions imposed by Russia.

Freight Gathers Strength in Early November, Led by Western Region

DAT Solutions

Pacific Northwest to Florida and Southern Georgia - up 16¢ per mile. Hanjin bankruptcy , resulting in supply chain disruption and increased amounts of inventory transfers, to prevent stock-outs. We look at national trends every week, but sometimes the detail can get lost.