Supply Chain Agenda of Hildur Gylfadóttir, Supply Chain Manager at Össur

Supply Chain Movement

While R&D remains in Iceland it has operational centers in the Americas, Europe, Asia and it employs around 2,300 people across 18 locations. Hildur Gylfadóttir is Supply Chain Manager, Logistics, based in Iceland with the task of improving efficiencies and helping to drive the successful commercialisation of innovations. I am based in our head office in Iceland where, as well as R&D, we produce prosthetics which is about 50% of our business.

Checklist for working capital management

Supply Chain Movement

Working capital management revolves around inventory, debtors and creditors. Iceland. Visuals cash checklist earn x turn finance inventory inventory days raw material risk Slimstock suppliers working capital10 questions to assess working capital management. Some companies generate cash so quickly that they can even achieve negative working capital. Supply Chain Media and software vendor Slimstock have developed this checklist for working capital management. >>Please

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Supply chain risk management in 2017

Kinaxis

Maybe the one good thing to come out of it was some companies figured out how they could survive with lower inventories. The 2010 volcanic eruption in Iceland. Inventories were stranded as supply chains scrambled to understand the impact on their customers. by Bill DuBois Financial crisis. Check. Environmental catastrophes. Check. What’s next? Is this the year of political disruption? Working in supply chain is like starring in a Rocky movie.

Reflective Thinking: Complexity

Logility

External factors vary from port closures due to worker strikes to natural disasters such as the recent eruptions of Iceland’s Eyjafjallajökull which have caused several disruptions to supply chains around the globe. Webcast: Inventory Management: Balancing Fast and Slow-Moving Products. com-plex-i-ty [k uh m- plek -si-tee]. noun, the state or quality of being complex; intricacy. Source: Dictionary.com.

Toy Retailer TOP-TOY Picks RELEX to Boost Availability and Automation

RELEX Solutions

TOP-TOY, the leading retailer for toys and other children’s products in the Nordic region, is improving its supply chain visibility to keep closer tabs on its inventory while driving up availability. The Copenhagen-based toy retailer operates 295 stores under the BR and Toys”R”Us brands in Denmark, Sweden, Finland, Norway, Iceland and Germany. The forecasts are used in the replenishment process and will support the purchasing team when ordering and managing inventory at the DC.

Updated IT Subway Map: Major acquisitions in SC software

Supply Chain Movement

Iceland. Such a system enables those companies to fulfil orders flexibly by dispatching the goods from various inventory points (e.g. The supply chain software industry is in a considerable state of flux. Three large, international take-overs are changing the face of the market. as the advance of e-commerce continues, companies with an omnichannel approach are increasingly implementing specific order management systems.

Complex costs of transportation

Supply Chain Movement

To anticipate and respond to high customer demand, a modern Transportation Management System (TMS) needs to optimize inventory allocation. A TMS with inventory allocation enables shippers to monitor shipments down to the package level. Iceland. 10 questions about Freight Spend Management. There are numerous ways a shipper can reduce freight spend. They can renegotiate contracts, find other carriers, and do a better job of maximizing their truck utilization.

Mindmap for Global Logistics Integration

Supply Chain Movement

Iceland. Finally, the system should enable intelligent inventory location management to ensure optimal on-shelf availability for the end customers. The world is becoming smaller and larger at the same time through globalization and the internet. Goods have to be transported across the globe and across the neighbourhood. To manage this logistics complexity while adhering to customer service standards and incurring reasonable costs, companies need Global Logistics Integration.

KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Inventory stock turns in Days. Inventory management. Inventory levels. Supply Chain KPIs are Essential – The Right Ones! The information on this page WILL help you get it right. Many people get really confused about KPIs or Key Performance Indicators in Logistics and Supply Chain operations. Which ones to use?… … How many to use? Sadly it’s not such an easy question to answer. Of course they need to be SMART.

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10 questions about the benefits of S&OP for your organisation

Supply Chain Movement

For one company the added value will lie in avoiding running below capacity and in reducing inventory while for another it will be the controlled scaling up of new products and services, but it always revolves around being able to anticipate and adapt the chain to developments in a timely and integral manner in order to achieve the strategic objectives. Iceland. Management at the helm.

3PL Subway 2015: Strategic movements among logistics providers

Supply Chain Movement

Iceland. The 2015 Annual Third Party Logistics Study also reveals that both sides regard themselves as being successful, and shippers are seeing positive results again this year: an average logistics cost reduction of 9%, an average inventory cost reduction of 5% and an average fixed logistics cost reduction of 15%. After years of declining revenues in European logistics services, the business started to stabilise in 2013/2014.

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Reversing globalisation: Near shoring, reshoring or staying put?

EFT

We basically had the same discussions after the Fukushima [nuclear accident], after the Thailand flood, after the volcano in Iceland,” points out Knut Alicke, one of the partners at consulting giant McKinsey & Company, “and it is always the same pattern. Or another option is to build up inventory. In the end this is all for resilience and resilience can be [derived] from closer production and it can also be through increasing inventory.”.