Supply Chain Matters

APRIL 4, 2024

Accenture Acquires Global Logistics Consulting Firm Flo Group Global based consulting and other services firm Accenture has reportedly acquired European based global logistics consulting services firm Flo Group. The existing 280 Flo consultants will be part of the Accenture Oracle Business Group.

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ShipBob

NOVEMBER 24, 2023

The root of many inventory management challenges lies in treating all stock equally—when in reality, each item should be assessed and segmented individually. This is where inventory segmentation can help. It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more.

Inventory Reduction 52

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Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Both companies outperformed their peer groups.

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The Logistics & Supply Chain Management Society

JANUARY 3, 2024

In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements? Focus on right-sizing inventories.

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Supply Chain Shaman

SEPTEMBER 27, 2021

Today, more than 1% of the world’s container ships are stuck off major ports. Warehouses are full–often with the wrong stuff resulting in the slowing of the forty million shipping containers around the world. Supply chain shortages abound. Unloading times are double and costs are triple. I thought it would be easy.

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Supply Chain Shaman

SEPTEMBER 20, 2015

I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. Spinnaker Management Group asked me to co-present on a demand-driven webinar with SanDisk. It is systemic.

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ThroughPut

OCTOBER 16, 2022

A roadmap towards achieving demand-driven inventory replenishment planning. Therefore organizations which have a replenishment planning approach with a demand-driven module, ensures inventory optimization , reduces rework, and eliminates bottlenecks in the supply chain to enhance resilience. Why demand – driven replenishment?

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Supply Chain Shaman

AUGUST 12, 2020

I struggled to manage myself as I settled in elbow-to-elbow with the group to listen to the presentation. The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis. Orbit Chart of Lenovo Performance Against Peer Group.

Gartner 235

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Supply Chain Matters

FEBRUARY 25, 2022

We indicated that the implications of unprecedented, elevated levels of inflation levels will vary by specific industry, but taken as a whole, they present a number of complex product management, procurement and supply chain planning challenges that will need to be tackled. The report observes that in December 2021, U.S.

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Precoro

MAY 19, 2023

The right metrics can shed light on how cost-effective a company’s processes are when it comes to the flow of goods, both at the inbound stages of procurement and outbound all the way to the customer. Inventory is one of the most important assets of any company, as it’s the basis for generating revenue.

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Supply Chain Matters

OCTOBER 12, 2022

Indicated in the report summary was: “ The sustained growth in the logistics industry continues to be fueled by high levels of inventory and the associated levels of cost and utilization associated with holding them. According to the September report , growth is increasing for inventory levels, inventory and warehousing costs.

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ThroughPut

SEPTEMBER 27, 2021

Demand-driven Inventory Replenishment Planning. A Demand-Driven Inventory Plan enlists both strategy and execution for resilience and profitability in the midst of economic upheaval. The touchpoints can indicate the need for expedited procurement, new vendor relationships, or enhanced delivery speeds. Projected stock levels .

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Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%. If you’re a business leader, why do you care about better math?

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The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The energy generating and saving equipment alone was able to propel the ship over the ocean in many different conditions. Tim volunteers his free-time with the Singapore Wildcat Action Group, a not-for-profit organisation that raises awareness and funds for wildlife conservation.

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Logistics Viewpoints

FEBRUARY 26, 2024

For example, when a UPS strike was looming last year, the Interos solution automatically highlighted Cooper’s strategic suppliers that relied on UPS for shipping. If that Tier 2 supplier had a problem, most of their vendors for that product group would be unable to deliver the goods they needed.

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Logistics Viewpoints

AUGUST 5, 2021

Similarly, UPS has strong commitments to sustainability and invests in many options, such as alternative fuel vehicles, e-cycles in dense cities, and carbon offsets for purchase with shipping. Using this approach, Technicolor was able to forecast more accurately for Q1/22 and bring inventory down by $120 million.

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Supply Chain Matters

MARCH 27, 2024

A day has passed after a container ship lost power and crashed into a support pylon of Baltimore, Maryland’s Francis Scott Key Bridge in the early morning hours of March 26. Coast Guard authorities are assured that the bridge debris and/or underwater obstacles are sufficiently cleared for cargo ship navigation.

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Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

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Supply Chain Matters

SEPTEMBER 26, 2023

A Wall Street Journal published report on this situation (Paid subscription) indicates that in previous Covid vaccine rollouts, vaccine makers such as Pfizer and Moderna shipped needed doses directly to designated vaccination centers. Moderna reportedly has shipped millions of doses to support vaccine administration needs as wel l.

Distribution 52

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Logility

AUGUST 25, 2020

Failed SCM implementation causes shipping errors. WMS failure causes Adidas to under ship by 20%. in inventory write-down and 20% drop in stock value. Management must be cognizant of issues of procurement, manufacturing, inventory, and distribution that impact satisfaction and loyalty. Bankruptcy. Best for Type.

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Logistics Viewpoints

OCTOBER 19, 2023

The issue wasn’t poor planning – they had the inventory. Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck. Something is wrong in this retailer’s process, whether it be materials used, packing, shipping, etc.,

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Herlitz Inventory Management

JANUARY 19, 2022

The company has trusted Herlitz Inventory Management and the powerful features in HIMPACT to optimize and stabilize the service levels and improve inventory turns. Manager of Procurement, Imperial Distributors. Imperial Distributors conducts four seasonal shows per year, with similar inventory requirements for each.

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Logistics Viewpoints

SEPTEMBER 28, 2021

If you’re Home Depot, you reserve an entire ship for your own exclusive use. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. In light of all of this, I’d posit we can no longer look at the events of the last year as an aberration.

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Supply Chain Matters

FEBRUARY 23, 2023

Carriers and logistics services providers experienced windfall profit levels in their ability to leverage the constant disruptions and ship deployment imbalances into skyrocketing spot rates, added services fees, surcharges or demurrage penalties. Barclays in-turn cut 2023 earnings estimates for Maersk and Zim Integrated Shipping Services.

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Supply Chain Matters

MARCH 11, 2024

The company’s legacy has been one of extraordinary sales and inventory turnover accomplished through a proven capability of fast, in-season design and merchandise availability, coupled with proximity supplier sourcing. The global retailer is able to design, produce and ship products to fashion focused customers in a matter of days.

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Supply Chain Shaman

MARCH 18, 2018

This is number 15 in a series that looks critically, industry by industry, to understand relative improvement of peer groups on the Effective Frontier. The cash-to-cash definition is: Cash-to-cash= Days of Receivables+ Days of Inventory-Days of Payables. These have taken us a year to produce. The smaller the number, the better.

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Unleashed

OCTOBER 4, 2023

Some of the main steps involved in the order fulfilment process include: Inventory management Picking and packing Tracking and communication Shipping and delivery Customer service Returns management Fulfilment costs can represent up to 30% of an eCommerce company’s total operating expenses. However, they represent distinct stages.

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Supply Chain Matters

OCTOBER 25, 2022

West Coast Container Ship Backup Has Ended. In our Supply Chain Matters news capsule of September 27, we pointed out that business, supply chain and transportation media had reported this that the cost of shipping a container of goods from China to the U.S. Whereas the spot rate to ship a container from China to the U.S.

Ukraine 52

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Supply Chain Matters

JANUARY 3, 2024

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month. Stay tuned. All rights reserved.

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Supply Chain Matters

AUGUST 11, 2022

The Ferrari Consulting and Research Group shares a Part Three commentary addressing our mid-year assessment of published 2022 Predictions for Industry and Global Supply Chains made available at the beginning of 2022, and specifically addressing supply chain cost inflation implications. Mid-Year Global Transportation Assessment.

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Supply Chain Matters

MARCH 6, 2024

Shipping new vehicles from Austria to the U.S. Reportedly, only 4,900 vehicles have been delivered to customers, the remaining in finished vehicle inventory and valued at half a billion dollars in tied-up capital. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

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Supply Chain Matters

DECEMBER 13, 2022

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog unveils a summarized overview of our annual prediction themes for industry and global supply chains for the year 2023 and beyond. Upwards of over 100 container ships were queued across the Pacific Ocean seeking to be processed by the major U.S.

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My Office Apps

AUGUST 22, 2022

Having the right systems in place especially for warehouse inventory management is more crucial than ever before. If inventory, storage space, materials, and labor are at the center of your operations, some form of warehouse management software is key to running your business more efficiently. Audit trail with full traceability.

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Supply Chain Matters

MAY 22, 2023

According to the April report commentary , the industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022. Spot rates for the Shanghai to Los Angeles shipping lane segment reportedly averaged $1823. The two U.S.

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Supply Chain Matters

AUGUST 7, 2023

The July PMI report further pointed to current inventory levels being at their lowest point in the history of this index, and based on July data, is still an ongoing process. A similar acknowledgement came from the CEO of global shipping and logistics services firm A.P. There were 1.96 warehouse workers in June of 2022.

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EC Sourcing Group

OCTOBER 26, 2021

However, the use of information technology in supply chain management has streamlined the world of procurement and purchasing through supply chain management, cloud software, and other types of IT that help boost supply chain efficiency. Inventory management. Logistics and shipping management. Cost reduction.

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Supply Chain Matters

AUGUST 8, 2022

Warehousing and Inventory metrics continue to buoy the logistics sector. Inventory Levels remain high (and are responsible for dragging down U.S. Other trending July data reflects overall inventory levels as well as inventory costs declining. Additional Supply Chain Matters Perspectives. Bob Ferrari.

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