article thumbnail

Ferguson’s Commitment to Supply Chain Excellence Drives Customer Satisfaction

Logistics Viewpoints

Our goal was to position inventory closer to the customer in the major MSAs (metropolitan statistical areas) and then be able to bypass the branches to mitigate touches and go directly to customers from these Market Distribution Centers improving customer service speed and reducing touches throughout the Ferguson network. “By

article thumbnail

The Many Types of Inventory Management Technology

GlobalTranz

There are diverse types of inventory management technology and systems, designed to properly sort, control and act upon information with a company’s inventory. As explained by Kenneth Hamlett of the Houston Chronicle , the two dominant types of inventory management technologies include manual and automated systems.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Provoking the Industry to Move Past Incrementalism

Supply Chain Shaman

When we study 600 public companies by peer group, at the intersection of inventory turns and operating margin, only 5% drive improvement. In today’s supply chain, these traditional assumptions are usually false; yet, we try to use old-fashioned tools to drive better decisions without testing the output of the systems. Moving Forward.

article thumbnail

The Risks of Poor Inventory Accuracy and Order Fulfillment

Veridian Solutions

How often does your organization think about inventory accuracy and its impact on order fulfillment ? The best-laid plans for an omnichannel supply chain will falter without accurate inventory. Supply chain leaders should consider how the risks of poor inventory accuracy in order fulfillment result in problems within the supply chain.

article thumbnail

Hurricane Harvey - Effects, Forecasts, and Operational Best Practices

Elementum

Harvey is not the first lethal and damaging flood to hit Houston: Tropical Storm Allison in 2001 killed 41 and caused $9 billion in damage, as well as flooding in 2016 that shut down the city for days. Houston’s expansive sprawl lacks drainage systems and has ample bodies of water that are easily exacerbated by heavy rains.

article thumbnail

3 Ways a Poorly Managed Inventory Can Ruin a Business

RFgen

Poorly managed stocks of inventory can devastate a company’s bottom line. Do you know how much inventory you have, whether it’s in your office, warehouse or in the field? Inventory management is a top business process that, if not tracked correctly, can irreversibly damage companies. You should. It’s Costly.

article thumbnail

3 Ways a Poorly Managed Inventory Can Ruin a Business

RFgen

Poorly managed stocks of inventory can devastate a company’s bottom line. Do you know how much inventory you have, whether it’s in your office, warehouse or in the field? Inventory management is a top business process that, if not tracked correctly, can irreversibly damage companies. You should. It’s Costly.