BlueYonder
OCTOBER 12, 2017
Do you know how many boxes of raspberry gourmet coffee Kroger should keep at their store in rural Georgia? Handling inventory of fast movers, items that are sold quickly and in large amounts, is very well understood. However, many open questions still arise when it comes to the other part of inventory: Slow movers.
BlueYonder
OCTOBER 12, 2017
Do you know how many boxes of raspberry gourmet coffee Kroger should keep at their store in rural Georgia? Handling inventory of fast movers, items that are sold quickly and in large amounts, is very well understood. However, many open questions still arise when it comes to the other part of inventory: Slow movers.
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Operations and Supply Chain Management
FEBRUARY 28, 2024
Last year, I attended a three-day conference in Las Vegas conducted by the Reverse Logistics Association, a trade group whose members deal with product returns, unsold inventories and other capitalist jetsam. Most online shoppers assume that items they return go back into regular inventory, to be sold again at full price. Zachary said.
Cathy Roberson
JANUARY 9, 2023
The biggest retail challenges from the NRF and Appriss survey include the following: Self-service returns Damaged returns or policy abuse Re-processing goods at a warehouse on digital returns Indeed, a lot of work still needs to be done in reverse logistics. Subscribe for free to receive new posts and support my work.
RELEX Solutions
MARCH 29, 2019
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. The Right Inventory at the Right Time.
Supply Chain Shaman
JULY 21, 2022
To help, we analyze business results each year to understand which companies outperform on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) over the past ten years. They used the work built together in 2004-2009 to build a course with Georgia Tech for executive training.)
Logistics Viewpoints
APRIL 14, 2023
Yum Brands – parent company of KFC, Pizza Hut, Taco Bell and The Habit Burger Grill – recently announced a new packaging policy prioritizing more sustainable options. In a blog post, Yum noted it is transitioning away from plastics and developing new packaging solutions as part of that policy. And now on to this week’s logistics news.
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