Inventory Replenishment Underway

Logistics Trends and Insights

Census Bureau inventory data, for June, indicates the need for inventory replenishment as the seasonal-adjusted sales to inventory ratio declined to 1.37 Total business inventories declined 2.3% for June/May while inventories declined 5.8% Inventory Replenishment.

The Inventory Accuracy “Confidence Gap”

Talking Logistics

Note: The following is an excerpt from “ Omni-Channel Logistics Leaders: 5 Key Insights to Improve Inventory Performance for 2019 ,” based on research conducted by Adelante SCM and LEGACY Supply Chain Services with input from nearly 100 supply chain professionals from retail, manufacturing, and logistics service providers companies in the United States and Canada. And it begins with improving their inventory accuracy. The Inventory Accuracy “Confidence Gap”.

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Design, Operating and Situational Inventory Trade-Offs

ToolsGroup

Gartner analyst Paul Lord has developed a framework to better understand inventory trade-offs by categorizing those decisions according to the objectives they are meant to achieve: structural, operational and situational. Many companies struggle with decisions such as “How many days of sales or inventory turns per year should we target? or “How can we reduce inventory and improve our balance sheet?”. Structural inventory is a direct result of design choices.

Port Logistics Group acquires e-commerce tech firm Whiplash

EFT

Port Logistics Group , an omnichannel logistics services provider, has acquired Whiplash Merchandising, Inc. The move comes just over a year after Port Logistics Group took an ownership interest in Whiplash: since February 2018, Port Logistics Group has fulfilled more than 1.5 This brings Port Logistics Group’s warehouse space up to 6.3 Port Logistics Group is investing in the technology and software to further drive innovation.

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Practicing Social Distancing while Keeping Inventory Moving during COVID-19 pandemic

PINC

While social distancing rules, shutdowns, and high demand for certain product groups are top-of-mind right now, employee and driver safety should also be factored into an organization’s overall pandemic response. While safety is especially important now, it should be a key issue for logistics leaders at all times,” West continues. live/drop, type of inventory, type of equipment, load status, etc.).

The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

Cerasis

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model. We never ran out of or had too much inventory.

Vendor Managed Inventory Model for Supply Chain Cost Reductions

Cerasis

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. A means of optimizing Supply Chain performance in which the manufacturer is responsible for maintaining the distributor’s inventory levels. The distributor maintains the inventory plan. Now the group analyzes each idea.

This Week in Logistics News (September 29 – October 3, 2014)

Talking Logistics

The MetaPack Group Acquires U.S. Menlo Logistics Announces Launch of New Brand and Website. Moving on to omnichannel fulfillment, Manhattan Associates introduced Available to Commerce™ , which gives retailers “the power to offer specific units of inventory available for sale in the most appropriate channel (online, store, same-day delivery, etc.) Note: Descartes, enVista, Kewill, and Manhattan Associates are Talking Logistics sponsors.

Speed up your eCommerce Business with Inventory Management Software

Vinculum

Inventory management plays a vital role in building a sustainable, scalable and profitable eCommerce business. No matter how expert you are, how bigger or smaller your business may be, what products you sell, or who do you serve, lack in your inventory management can bring bigger challenges in your business success. Thus, inventory Management Software is really an essential tool for your business to gear itself up. What is Inventory Management System?

Broman Group Chooses RELEX to Automate its Replenishment Processes

RELEX Solutions

Broman Group , a Finnish automotive spare parts and accessories company, has chosen RELEX to improve its supply chain processes. The family business has 62 stores, one established logistics center and another one opening in 2020. By using RELEX’s automated replenishment tools, the company will be able to release more time and resources to business development and reduce capital tied up in inventory. Broman Group chose RELEX to reduce the amount of manual work around ordering.

Is the “shared economy” changing logistics?

Kinaxis

A popular subject in several expat Facebook groups is checking to see who’s planning on flying back to their origin country, and whether those individuals would mind taking along a little extra cargo. I’ve been part of a few of these groups. The post Is the “shared economy” changing logistics? General News Inventory management capacity management Capacity planning Logistics shared economy

The New Value Equation in Contract Logistics

Talking Logistics

With all of the changes happening in the supply chain and logistics realm — whether it’s technology, regulations, mergers and acquisitions, new business models and competitors — is the value equation in contract logistics changing too? That was the main question I addressed with Greg Boring, VP of Sales at Kenco Group , in a recent episode of Talking Logistics.

How to Optimize Reverse Logistics!

Supply Chain Game Changer

What Exactly Is Reverse Logistics? Optimize Reverse Logistics article and permission to publish here provided by Raanan Cohen at bringg.com. If you think reverse logistics isn’t relevant to your business, think again. How can you optimize reverse logistics? Subscribe Here!

What’s new in the automotive supply chain? (Hint: Inventory Replenishment Policies)

The Network Effect

Today I want to explore how automobile suppliers are improving their operations via inventory replenishment policies. Effective inventory replenishment policies in use today include the 830/862 converted to a delivery release, KanBan, Min/Max, and Sequencing. Improved technologies now provide the ability to optimize truckloads simultaneously with inventory using pull policies. Typical measurements include inventory turns, truck utilization, and premium freight reduction.

The Top 6 Trends in Logistics Impacting Shippers in 2017

Cerasis

The election is over, but the race is just starting for logistics providers. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. The Top 6 Trends in Logistics Impacting Shippers in 2016. Autonomous Trucks Will Drive Logistics Forward. Logistics

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23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 trillion on logistics and transportation services in the United States in 2018, an increase of 11.4%

This Week in Logistics News (September 3-7, 2018)

Talking Logistics

Here I am doing my standard Talking Logistics intro through one of my favorite filters: How awesome would it be to discuss blockchain or the capacity crunch in transportation using this filter for an entire episode? In the meantime, here’s the supply chain and logistics news that caught my attention this week: Why Walmart Shoppers are Finding More Items ‘Out of Stock’ (WSJ – sub. Components of Spark are powered by Bringg, a leading delivery logistics technology platform.

The 7 Trends Shaping The Future of the Logistics Industry

Cerasis

Logistics industry trends have also not been left behind in the move towards a more technological future. . 7 Major Trends Influencing the Logistics Industry in the Future . It is now the standard to go ‘international, ’ and logistic solution providers have a role to play in enabling this trend through a transportation network. . It is these factors that must be considered in with regards to this group and how you present information to them. Logistics Trends

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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. Blue Ridge , a global leader in cloud demand forecasting , planning, replenishment, allocation and analytics, today announced Merchants Market Group will implement Blue Ridge Supply Chain Planning. Blue Ridge leadership believes the team at Merchants Market Group is poised for greater success. “We’re

This Week in Logistics News (March 4-8, 2019)

Talking Logistics

And with that, here’s the supply chain and logistics news that caught my attention this week: Walmart Toughens Delivery Demands for Suppliers (WSJ – sub. The thing that makes supply chain and logistics so exciting and frustrating and challenging is that just when you think you’ve figured something out or have it under control, the world changes on you. P&G and Wayfair: More Shippers Taking Direct Control of Logistics Operations.

6 Benefits of Applying Useable Data in Logistics For Continuous Improvement

Cerasis

We continue our series on strategic shipping by going into detail of the 10 main areas that shippers can turn to in order to have a strategic logistics and transportation management mindset. Today we will go into detail on using the available data created in the processing of shipments within transportation management and other related logistics management for continuous improvement. . Using data in logistics to generate an accurate forecast of shipping processes sounds complex.

Top 5 Roadblocks to Effective Inbound Logistics Management

Cerasis

With the added pressure to lower costs to end-users, your customers, it’s no surprise that the need for increased scrutiny and cost reductions among inbound logistics partners, your vendors, has gone rogue. Some cite a lack of visibility or lack of control for reasons to not manage inbound logistics, and while proponents of “increased visibility” argue more information begets more effective inbound logistics strategy, its meaning gets lost in the murky waters of the internet.

Too Much Focus on E-Commerce Shipping Practices? The Important Reminder That Logistics Fundamentals Still Matter

Cerasis

Supply chain leaders need to understand why logistics fundamentals will continue to shape e-commerce shipping strategy. In other words, filling more orders is great, but it still requires significant use of logistics resources. How can a company offer the best deal without taking advantage of the lowest logistics costs? As explained by Disney Investment Group , this includes selecting a location that has a necessity-based anchor, like a grocery store.

This Week in Logistics News (May 13-17, 2013)

Talking Logistics

FTR Shippers Condition Index notes pending HOS changes could cut productivity ( Logistics Management ). In the enterprise software world, Netsuite is becoming the Pitbull of the industry, with various supply chain and logistics software vendors forming partnerships with the company to help expand their presence in the small and midsize business (SMB) market. Note: Descartes, HighJump Software, and LeanLogistics are Logistics Viewpoints sponsors.

Operational Excellence: Streamlining the Warehouse Layout Process

Talking Logistics

Structural considerations such as the number and location of loading docks and the variety of vehicles needing to access the building are all important logistical aspects of the warehouse, but designing the layout inside the warehouse requires a much deeper understanding. 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. Can inventory be racked?

7 Key Factors that Underpin the Success of your Inventory Optimization Initiative

Supply Chain Opz

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service. In this article we will examine inventory optimization processes as part of a structured sequential journey and examine seven of the key factors in delivering the optimal mix of stock.

Experts Choice Of Top Online Logistics Resources

Freightos

The Experts’ Choice of the Top Online Logistics Resources. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. Experts’ Choice: Supply Chain and Logistics Email Newsletters. This is the experts’ selection – but if we had to choose just one, our go-to read is the fast-rising WSJ Daily Logistics Report. Ti Logistics Briefing.

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

Logistics Trends and Insights

Logistics mergers and acquisitions (M&A) were off to a good start in Q1 of 2020, following increased activity to wrap up 2019. On Monday of last week, XPO Logistics announced that it would acquire the majority of the United Kingdom-based contract logistics operations of Kuehne + Nagel, including its 75 facilities and customer base. And on Friday, Goodman Group, whose biggest customer globally is Amazon, announced it will sell $1.7 by Amy Wunderlin .

Preparing for the Future of Supply Chains

Talking Logistics

Rather than focusing solely on getting items out the door, your warehouse teams now have to be concerned with the entire product journey, not to mention reverse logistics. Interfaces like augmented reality available through wearable devices as well as phone apps can make everything from browsing to price-checking to inventory visibility a breeze. The post Preparing for the Future of Supply Chains appeared first on Talking Logistics with Adrian Gonzalez.

Supply Chain Logistics in 2018: How They Keep the Lights on in Las Vegas

Cerasis

Editor’s Note: Today’s blog is from Connie Benton who discusses the state of supply chain logistics and how they keep the lights on in Las Vegas. That means that the logistics of this city of dreams can be an absolute nightmare. The Top Logistics Trends that Will Impact Logistics Management in 2018. The Nature of Las Vegas’ Supply Chain Logistics Las Vegas’ economy is mainly service-oriented. Logistics Supply Chain

How Logistics Is Proving that Amazon Needs to Be Regulated

Freightos

They build internal tools and then offer them as a service – just like Amazon warehouses were first used for their inventory and then opened up for FBA sellers, trucking will go the same way. From a logistics perspective, I think she’s on to something. The Logistics of Dominance. This success made way for logistics. And so, Amazon is taking its dominance from retail to marketplace to fulfillment logistics. Enter Global Logistics.

Pool Distribution: The Speed of Parcel at the Cost of LTL/Truckload

Talking Logistics

If you look at the challenges many retailers face today as they move to omni-channel retailing and the impact of online competitors, their margins are really getting squeezed,” explained Chris Jones, Executive Vice President, Marketing and Services at Descartes in a recent episode of Talking Logistics. “At So, I would describe less sophisticated pool distribution as ‘Hey, send me your goods, I’ll group them with other shippers, and I’ll tell you when they show up.’

Sales, Inventory & Operations Planning – What It Is and How to Operate

USC Consulting Group

Sales, Inventory & Operations Planning (SIOP) is a dynamic process in which the company’s operating plan is updated on a regular monthly or more frequent basis. Sales, Inventory & Operations Planning is done on an aggregate or family level, and covers a sufficient span of time to make sure that the necessary resources will be available. Objectives of Sales, Inventory & Operations Planning. Prerequisites for Performing Sales, Inventory & Operations Planning.

This Week in Logistics News (January 5-9, 2015)

Talking Logistics

Uber’s Latest Experiment Is Uber Cargo, A Logistics Service In Hong Kong. ABF Logistics Acquires Smart Lines Transportation Group. With PMA and ILWU turning to federal mediation, eventual outcome is far from certain (Logistics Management). One day, we’ll drop the omni-channel term and just call it retailing again, but in the meantime, expect plenty of news from supply chain and logistics software vendors next week promoting their omni-channel solutions.

Countering the Bullwhip Effect in a COVID-19 World

PINC

A distribution channel phenomenon in which inaccurate forecasts quickly turn into supply chain inefficiencies, the “bullwhip effect” refers to increasing swings in inventory in response to shifts in customer demand as one moves further up the supply chain. Suffering a glut in “green” cars at the time, Volvo’s sales and marketing developed a program to move its excess inventory.