Talking Logistics

SEPTEMBER 4, 2018

What is Inventory Management? For Manufacturing it’s about carrying zero or minimum inventory. For Logistics the focus is on high inventory turns. Inventory Management is about having a right balance of expectations from different functions of the supply chain. Inventory Management is a function that should always be in sync with your supply chain strategy and in turn depends on your overall business strategy. What does it mean for inventory?

Inventory Management 87

Inventory Management Inventory Industrial Industry 87

Cerasis

DECEMBER 16, 2016

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. . In the past, the logistics industry’s growth was driven by Asia to Europe and Asia to North America exports.

Trends 237

Trends Industrial Industry Logistics 237

PINC

APRIL 18, 2018

Even though 90% of inventory is stationary in the supply chain, according to industry experts, inventory accuracy at distribution centers, warehouses, and plants ranges from 89% to 99% *. That’s because most of the inventory management process is still a manual activity. innovation inventory robotics Logistics Viewpoints warehouse drones

Inventory 100

Inventory Inventory Management Distribution Retail 100

Kinaxis

FEBRUARY 22, 2018

by Jeswin Philip The Food Packaging Trends and Advances report from PMMI forecasts that the US Food and Beverage industry will experience a 2.9 % CAGR through 2022. The report also mentions that the global growth rate is almost double that of the US food industry. As with any industry, food and beverage faces its own unique set of supply chain challenges, including: Expiring ingredients, manufactured product and packaged goods. What is vendor-managed inventory?

Beverage 133

Beverage Inventory Case Study Distribution 133

Cerasis

JANUARY 8, 2015

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits. What is Lean Inventory Management? Over the years, the concept has been modified and applied to nearly all industries. Supply Chain lean inventory

Lean 263

Lean Inventory Six Sigma Inventory Management 263

Talking Logistics

MAY 6, 2019

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”.

Inventory 85

Inventory Survey Third Party Logistics DC 85

Logistics Trends and Insights

MARCH 13, 2020

The automotive industry has undergone quite the transformation from the days of Henry Ford and the Model T. With that, the industry is facing a number of challenges ahead, including a shift toward electric cars, tech embracement, plant closures—and now recovery from the coronavirus outbreak for automakers with supply chains reliant on Chinese production. These consumer-driven changes will require the industry to restructure itself in terms of volume, scale, and complexity.

Automotive 78

Automotive Industrial Industry Europe 78

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Data availability and advanced analytics are also shaping the industry by providing new insights into efficient manufacturing processes. Colin: How do inventory optimization (IO) and multi-echelon inventory optimization (MEIO) enable manufacturers to operate more efficiently?

Inventory 131

Inventory Manufacturing Forecasting Analytics 131

DELMIA Quintiq

SEPTEMBER 10, 2019

The question that seems to get asked more often than not is to talk about how many industrial applications we can name for machine learning. In that way, machine learning transforms an industrial operation into a system of systems that can get products to market faster at a lower cost so the company that owns it can remain competitive in its market and keep their customers happy by delivering the products they want. Industry Week confirms these issues.

Industrial 139

Industrial Industry Training Data 139

Cerasis

JULY 30, 2018

Even JP Morgan, Microsoft, and Google, reports Jonathan Chester of Forbes , are working to increase blockchain development and innovation, and supply chain leaders need to understand how the use of blockchain in supply chain and logistics will bring about lasting change and improvements in efficiency. Blockchain is entering a phase of development that will affect every aspect of supply chain and logistics management, ranging from procurement to forward logistics and beyond.

Examples 170

Examples Industrial Industry Reverse Logistics 170

Logistics Viewpoints

AUGUST 24, 2015

Food & Beverage Industry Inventory Management Logistics Outsourcing Supply Chain Optimization Transportation Management Systems inventory Mananged Transportation optimization TMSWhen a company is looking to reduce their freight spend, while maintaining or improving service levels, there are two main paths they can take. They can buy and implement a transportation management system (TMS).

Transportation 215

Transportation Inventory 3PL Freight 215

Talking Logistics

SEPTEMBER 24, 2018

Note: The following is an excerpt from “ Omni-Channel Logistics Leaders: Top 5 Inventory Insights ,” 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. Source: “Omni-Channel Logistics Leaders: Top 5 Inventory Insights,” Adelante SCM & LEGACY SCS.

Inventory 91

Inventory SCM Canada Report 91

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Data availability and advanced analytics are also shaping the industry by providing new insights into efficient manufacturing processes. Colin: How do inventory optimization (IO) and multi-echelon inventory optimization (MEIO) enable manufacturers to operate more efficiently?

Inventory 120

Inventory Manufacturing Forecasting Analytics 120

DELMIA Quintiq

SEPTEMBER 17, 2020

The cancellation of this year’s Oktoberfest is another blow to a beleaguered beer industry that’s still reeling from the effects of the global health crisis.

Industrial 193

Industrial Industry France Germany 193

PINC

AUGUST 28, 2020

PINC and project44 announced a partnership this week that “aims to empower industry-leading shippers and carriers with end to end real-time shipment visibility and yard management automation capabilities for an enhanced supply chain experience.” By Adrian Gonzalez.

Logistics 130

Logistics Warehousing Study Research 130

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory.

Inventory Management 40

Inventory Management Inventory Forecasting Manufacturing 40

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory.

Inventory Management 40

Inventory Management Inventory Forecasting Manufacturing 40

Cerasis

MAY 2, 2016

While logistics and manufacturing have grown exponentially, problems have become more complicated. Regardless of where you sit to view the logistics industry, problems are becoming more evident. Global Logistics Will Evolve With the IoT Platform. Twin private-sector and public-sector resources and use of the IoT, the value of the IoT platform grew to more than $8 trillion by 2014, reports the Cisco and DHL publication, the Internet of Things in Logistics.

Internet of things 189

Internet of things Industrial Industry Logistics 189

PINC

JANUARY 2, 2019

In the very last days of 2018, we received a very flattering note from Adrian Gonzalez informing that our CEO's guest article landed the number-one position on the Top 10 Talking Logistics posts of 2018 ! If you are not familiar with Talking Logistics, it is an online video talk show and blog featuring industry expert Adrian Gonzalez interviewing Thought Leaders and Newsmakers in the supply chain and logistics industry.

Video 100

Video Logistics Industrial Industry 100

20Cube Logistics

SEPTEMBER 22, 2019

With rapid growth in technology, the logistics industry across the globe is experiencing a paradigm shift with fast track development driven by unique innovation and sturdy growth in the evolution of technology. The new technologies are not only re-shaping the marketplace but also offering collaborative operation models for seamless logistics maneuver. Implementing technologies like IoT, data analytics, sensors and robotics is changing the complete roadmap of logistics.

Cargo 43

Cargo Industrial Industry Internet of things 43

PINC

OCTOBER 29, 2019

If you happen to be in the Toronto area or are planning to attend the Distribution Logistics Summit in the first week of November in Toronto, Canada, I would like to invite you to attend the panel titled The Bionic Supply Chain. According to industry experts, there are two primary well-known forces driving investments in technology in the supply chain and logistics industry: Customer demands and workforce shortage.

Inventory Management 100

Inventory Management Inventory Canada China 100

Logistics Viewpoints

JUNE 6, 2019

Managing inventory in 2019 has become an even more complex challenge according to our industry peers and PINC customers. In my previous article titled “The High Cost of The One Percent Inventory Accuracy in Your Supply Chain“, I explored significant challenges, costs associated to inventory management, and what one percent of inventory accuracy represents to your operation. Guest Commentary Inventory Management

Inventory Management 94

Inventory Management Inventory Industrial Industry 94

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Relying on our experience in the industry and academic field, it is worth to say that if everything is urgent, nothing is urgent! Industry 4.0. Industry 4.0

Industrial 164

Industrial Industry Lean UAE 164

Talking Logistics

APRIL 16, 2015

Inventory optimization has always been a challenge while designing and planning a supply chain. A variety of barriers can impact an effective inventory strategy, such as working in functional silos and demand/supplier volatility¹. The good thing is that companies are beginning to appreciate the importance of inventory form and function instead of narrowing it down to just setting optimal safety stock targets. Asking the Right Inventory Questions.

Inventory 206

Inventory Strategy Ohio Policies 206

EFT

AUGUST 7, 2020

What’s more plenty on the retail side have found themselves with held inventory but it suddenly locked away in stores that people could no longer frequent, browse and shop from. In his opinion the way you do that is “By putting inventory close to customers.

Inventory Management 62

Inventory Management Inventory Warehousing Forecasting 62

Vinculum

JUNE 3, 2020

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?

Inventory Management 43

Inventory Management Inventory Software Forecasting 43

Cerasis

OCTOBER 2, 2017

Understanding last mile logistics is only half the battle. Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. Planning Is Essential To Have an Effective Last Mile Logistics Strategy. Logistics

Strategy 413

Strategy Logistics Reverse Logistics Big Data 413

Kinaxis

DECEMBER 3, 2019

As a self-identified traveler I am in love with airports and airport logistics. Airport Operations Management is an industry on its own that employs around 1.2 If not planned efficiently, it could cost the industry billions of dollars and create a high level of inconvenience for passengers. Just like any other industry, Airport Operations Management is improving with the help of technological innovations so that current challenges can be tackled. by Ilyas Kucukcay.

Logistics 119

Logistics Security Video Industrial 119

PINC

APRIL 6, 2020

UNION CITY, CA – April 6, 2020 — Food Logistics , the only publication exclusively dedicated to covering the movement of product through the global food supply chain, has named Matt Yearling, CEO of PINC to its 2020 Food Logistics Champions: Rock Stars of the Supply Chain award. From early pioneers and entrepreneurs to non-conformist thinkers and executive standouts, this award aims to honor these leaders and their contributions to our industry.

Food 100

Food Internet of things Logistics Supply Chain 100

Vinculum

FEBRUARY 25, 2020

WMSs guide inventory receiving, order processing, shipping and inventory replenishment. Significance of Warehouse Management Systems for the Retail Industry. Error-free & Efficient Inventory Management. A WMS is vital for error-free and efficient inventory management, optimizes the order fulfillment process and enables the warehouse management team with a holistic view of daily operations. A WMS helps track inventory across multiple warehouse locations.

Industrial 40

Industrial Industry Warehousing Retail 40

Vinculum

APRIL 16, 2020

The retail industry, especially, is facing unprecedented vulnerabilities in its supply chain. Read on to find out how customers and the retail industry are dealing with the current situation. The Indian retail sector’s predominant problem lies with supply chain issues like logistics and transportation. The short-term effect on the retail industry is going to be grave as there will be a loss of major revenue.

Industrial 40

Industrial Industry Retail Government 40

ToolsGroup

MAY 17, 2016

Industry analysts have pointed out an obvious fit with inventory optimization. If retailers optimize their inventory—dynamically aligning their supply chains to changing customer preferences and behavior—they can position inventory to satisfy demand at the lowest possible cost. These analytics flow to the software's multi-echelon inventory optimization component to place the inventory by location and SKU—favoring the DC location for predicted online demand.

Omnichannel 160

Omnichannel Inventory DC Retail 160

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

The GCC chemical industry is second largest manufacturing industry in value add, after refining. 2017 Facts and Figures report by Gulf Petrochemicals and Chemicals Association (GPCA), the chemical industry accounts for 3.1 GPCA confirms GCC chemical industry’s key problem is ensuring a smooth flow of raw materials to reach production plants across the globe for finished good production.” But the chemical industry is still lagging in digitisation.

Chemicals 100

Chemicals Saudi Arabia United Arab Emirates UAE 100

PINC

OCTOBER 14, 2019

A perennial top industry issue, the driver shortage ranked as the industry’s top concern for the second consecutive year in 2018, according to ATRI. Growing demand for truck transportation over the past year has exacerbated industry capacity constraints as carriers continue to struggle with recruiting and retaining a qualified truck driver workforce. expansion in the first quarter, which mostly was buoyed by lower imports and higher inventories< , JOC reports.

Transportation 109

Transportation Trends Industrial Industry 109

Cerasis

FEBRUARY 2, 2015

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.

Inventory 245

Inventory Lean Arizona Third Party Logistics 245