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Beware the Swinging Pendulum on Supply Chain Inventory Practices

Logistics Viewpoints

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?

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How Supply Chain Orchestration Can Help Prevent Drug Shortages

Logistics Viewpoints

Historically these roles are siloed, focused on their own functional metrics. One global pharmaceutical company refers to this as the “whoosh” effect, because switching out the walls between siloes from opaque to clear meant that suddenly everyone could see the same information at the same time, which makes collaboration much easier.

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What is Supply Chain Visibility and Why Isn’t It Enough?

Logistics Viewpoints

With this information, are you any closer to knowing what to do about it, or have you just enriched your ability to admire your problem and see it close up? Achieving their goal of no stockouts is impressive, but that they did so without significant buffering with inventory is a testament to the combination of transparency and agility.

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Better Ways to Address Trade-Offs with Supply Chain Optimization

Logistics Viewpoints

Malcolm McLean, a trucker from North Carolina, was tired of waiting. Imagine you are a high-tech manufacturer with more inventory in stock than your forecasted production volume, which puts you in good company, since US manufacturers’ inventories continue to rise. Now that’s an ROI!

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5 Lessons from the Desert for the Future of Supply Chain Resiliency

Logistics Viewpoints

Supply chains must be connected and collaborative so all links can align to business strategy and oriented toward a common set of the most important metrics (and not functional metrics that drive siloed behavior). But to operate at the board level we need to be able to speak the CFO’s language. Spike up to protect against attack.

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The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

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5 Things to Look for in a Food Grade Warehouse

Kanban Logistics

It also enables the 3PL to perform inventory management protocols like FIFO (first in first out; the oldest lots of items will be distributed first) and FEFO (first expired first out; the products closest to their expiration dates will be distributed first). Items that have common characteristics important to food manufacturers (e.g.,