How to Track Your Inventory Stock Out Levels Using These Severity Codes & Alerts

Arkieva

It’s also essential to note that, not all stock outs or out-of-stock(OOS) carry the same severity levels or require the same form of actions. How to Track Your Inventory Stock Out Levels Using These Severity Codes & Alerts was first posted on March 15, 2018 at 8:58 am. ©2017 In an ideal world, your products would have on-shelf availability whenever your customer needs them. However, this is often not the case for many businesses.

How to Measure Inventory Health

ToolsGroup

Financial executives measure inventory health with metrics like inventory turns because they view the firm from a financial viewpoint - such as how much working capital is being tied up. It is a measure of inventory holdings relative to the expected demand.”.

How to Prepare the Next Generation of Manufacturers

Cerasis

The manufacturing industry has always been a hotbed for innovation and advancement — but it relies heavily on the workers who have the skills and training to fill those jobs. How can we help to prepare the industry for the next generation of manufacturers?

How to Compete with E-Commerce Giants

PLS Logistics

It is possible for small and mid-sized companies to compete with these e-commerce companies with a little bit of creativity, a strong supply chain and great customer service. Companies like Amazon can often seem difficult to compete with, but following these helpful tips can help your business stand out among these companies and bring in customers. Today it seems like e-commerce giants are taking over the industry.

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Removing the 3 Barriers to Building a Predictive Supply Chain

The total cost to the shipping. 15-$20 billion annually, according to Boston Consulting Group (BCG). interdependencies with anywhere from 5 to 25 parties playing a role across 20+ milestones in the. own data and generate intelligence to. A prerequisite to deep.

How to Create a Truckload Strategy That Works in Any Market

Talking Logistics

For most individuals, surprises can be wonderful—but, as a shipper, you try to avoid them at all costs. Because in supply chains, surprises tend to mean wasted time and added expense. Your best bet to avoid unexpected trouble?

How to Reduce Product Damage During Shipping

Cerasis

Editor's Note: Today's blog is from Cindy Banker with ProCorr Display and Packaging who is bringing us some great insight on how to reduce product damage. If you are a product manufacturer, you know all too well the perils of shipping products from your factory or warehouse to a DC or retailer. In this article, we have highlighted the most common, but often overlooked elements to consider. How you pack your products in the box is key to product damage control. .

What’s keeping you from realizing digital supply chain success?

The 21st Century Supply Chain

According to recent research by the Korn Ferry Institute, all 100 senior supply chain executives the firm surveyed said digital supply chains have the potential to revolutionize businesses. Seventy-four percent admitted they still have a long way to go before that becomes reality.

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How to stay cool in the heat

Quintiq

It looks like summer is at its peak: It’s 35 degrees in Berlin today, and I’m looking forward to some yummy ice-cream with my son in the park. Here in Germany, you never know how long summer lasts. Summer can be gone quickly, just when you get used to it.

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Digitizing the Extended Supply Chain: How to Survive and Thrive

The digital economy is upending all industries and processes, placing a premium on speed, customer satisfaction, personalized products, and collaboration

Five Common Customs Pitfalls — and How to Avoid Them

Talking Logistics

A thorough description of goods is essential in order to determine proper customs classification. This can then be attributed to a customs tariff number. It is sensible for the supplier to include the importer’s item number in its invoice.

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How to Plan for Common Disruptors in Ocean Freight

Talking Logistics

Which means that, as it does every year at this time, space is about to get very tight. That can make it difficult to meet your delivery times unless you take proactive steps now to minimize the risk in your supply chain. Peak season for ocean freight shipping is underway.

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How to harness complex value chains in an uncertain and hyper-connected world

Quintiq

The race between nations to supply goods and services across a global marketplace is continuing unabated. The entire value chain becomes part of the conversation — from product conception to sourcing for materials, prototyping, manufacturing and all the way to distribution.

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How to Optimize Port Throughput in Global Supply Chains

The Network Effect

The post How to Optimize Port Throughput in Global Supply Chains appeared first on The Network Effect. Ports play a critical role in international trade, yet they remain major sources of friction in global supply chains. It’s.

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Offer 2-Day Shipping to Your Customers by Distributing Your Inventory

AOffer 2-Day Shipping to Your. Specifically, how to create a Triple-A (Agile, Adaptable and Aligned) chain that’s capable of. To solve these issues, distributed inventory takes center stage. They are not agile enough to respond to short-term spikes in.

How to Build a Strong Relationship with Your 3PL

PLS Logistics

More and more companies of all sizes are turning to 3PLs for help with their transportation management. 3PLs bring their expertise and solid resources to help shippers improve their logistics operations, while also driving cost savings, and generally make shippers’ day-to-day transportation challenges easier. Supply chains are becoming more complex, and securing capacity has become a challenge.

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Video: How to Digitize the Retail Supply Chain

The Network Effect

Retailers today are in a poor position to compete against a vertically integrated and fully digitized online giants like Amazon. The post Video: How to Digitize the Retail Supply Chain appeared first on The Network Effect.

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How to Move Forward with Reverse Logistics

Talking Logistics

Everyone has experienced this scenario: a great event is planned in advance, a timeline is set with a predetermined flow of the party, from when guests arrive to the food and music, all the way to their departure at the end of the evening. Damage to product when handled or in transit.

How to Prepare Transportation for Holiday Returns

PLS Logistics

The holiday season is upon us, and retailers must be prepared to avoid seasonal challenges. Return rates have amplified as the percentage of internet sales continues to develop. Only 20% of shoppers like to have a carrier pick up a package from their home.

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End to End Supply Chain Visibility - Solving The Data Problem

1DIGITAL TRANSFORMATION, END-TO-END VISIBILITY, AND. looking to digital ly transform their. This led to a focus on larger store. stock, and the ability to transport goods on. have been forced to modernize and deliver. looking to transform their supply chains.

How to Measure Inventory Effectiveness

Arkieva

How to Measure Inventory Effectiveness. How to Measure Inventory Effectiveness was first posted on March 6, 2018 at 7:24 am. ©2017 I discussed some of the possible pitfalls when using inventory turnover as a measurement for effective inventory management. In this post, I’ll describe a simple technique for measuring inventory effectiveness. Read more. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

How to Improve Loading Dock Processes

PLS Logistics

Well-designed loading dock procedures minimize delays, reduce damage to cargo and optimize productivity. Here are 3 quick ways to improve loading dock processes: Enhance Dock Safety. The loading dock is the access point for shipping and receiving.

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How to make S&OP meetings a highlight in your team’s calendar

AIMMS

Sales and Operations Plan ning has become a standard process to improve business performance, collaboration and predictability. In fact, it’s become internalized to a degree that companies often have several (competing) S&OP pro cesses in different geographies & business units.

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? How would that computation be different from the logic needed to calculate the number of boxes of Corn Flakes at the same store? However, many open questions still arise when it comes to the other part of inventory: Slow movers. Think back to the raspberry gourmet coffee example. This allows companies to detect sudden and seasonal demands in advance.

The 4 Stages of Supply Chain Analytics

Supply Chain Data Maturity A Guide to Transformation. How Mature is Your Supply Chain? companies looking to succeed. Yet amongst this buzz, we are challenged to find success stories. And how can a company. Hackett appears to agree with this observation.

Unwrapping production: How to transform packaging manufacturing

Quintiq

To meet consumers’ increasing appetite for choice, Fast Moving Consumer Goods (FMCG) manufacturers develop a huge amount of Stock Keeping Units (SKUs). This has a direct impact on packaging manufacturers who now need to find ways to cope with more diverse demand.

How to Use Machine Learning to Boost S&OP

Talking Logistics

Machine learning to boost your sales. The first example is to use machine learning for improving the results of your promotions and improving sales. Promotions planning is an important lever to use in an S&OP process. It allows to stimulate your sales when you have too much available capacity or have a significant impact on the desired product mix. There are many different possibilities to organize a promotion. Machine learning to improve S&OP adoption.

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Top Warehouse Safety Mistakes and How to Avoid Them

Inventory and Supply Chain Optimization

In 2016, 5% of warehouse workers experienced an occupational injury or illness. As one of the more dangerous workplaces in any sector, employees and managers should be aware of the… Supply Chain Management warehouse management warehouse safety

How to find a great freight forwarder

The Logistics of Logistics

I often hear from novice shippers: “How can I find a great freight forwarder?”. Here are nine items to look for when searching for the best freight forwarder for your company: Research, Research, Research. Check for references to gage the reputation of the freight forwarder.

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Taking S&OP to the next level with supply chain analytics

Many supply chain leaders realize the potential of analytics but need to see concrete examples. With our 30-year heritage in advanced analytics and our experience with Fortune 500 and mid-size companies, we have plenty of those to share.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors.

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5 Dysfunctions of Typical S&OP Systems and How to Overcome Them

AIMMS

It was created initially by Oliver Wight and has become the standard procedure to improve business performance and predictability. But companies tend to struggle when it comes to finding the right technology to enable the process. Would you like to learn more?

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Recruiters Reveal How to Land Dream Supply Chain Jobs

Supply Chain Opz

According to O*NET OnLine, a supply chain manager earns $103,530 per year in average. Functional resumes tend to list prior experience in terms of “duties.” If you’re an inventory planner, how many SKUs did you manage?

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How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? How do we monitor what our customers feel about us?

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How to Attain “Stage 4” Supply Chain Planning Maturity

ToolsGroup

Gartner has identified five stages of supply chain planning maturity and they say that 70-80% of companies plan to increase their supply chain planning (SCP) technology spend over the next two years to climb to the next level.