article thumbnail

Supply Chain Matters This Week in Supply Chain Tech- March 5 2022 Edition

Supply Chain Matters

Global Healthcare Exchange (GHX) announced that the company has acquired Tampa, Florida -based Syft® , a provider of AI -enhanced inventory control and end-to-end supply chain management software and services. Global Health Exchange Acquires Syft. Financial terms of this transaction have not been disclosed.

article thumbnail

Leveling the Playing Field for Small Businesses

Elementum

Isabella Adams, a fashion accessories and home decor business based in Tampa, Florida, made a smart move to partner with third party logistics provider Transplace to keep up with its larger competitors. Here are three things small companies can do to avoid making logistical mistakes. Solution #1: Take Advantage of 3PL Providers.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Leveling the Playing Field for Small Businesses

Elementum

Isabella Adams, a fashion accessories and home decor business based in Tampa, Florida, made a smart move to partner with third party logistics provider Transplace to keep up with its larger competitors. Here are three solutions that small companies can do to avoid making logistical mistakes.

article thumbnail

This Week in Logistics News (August 7 – 13)

Logistics Viewpoints

Fahrenheit temperature was recorded by Sicily’s agriculture-meteorological information service, SIAS, at the Syracuse station on the island’s southeast. On Wednesday, the hottest temperature ever may have been recorded on the continent of Europe. This would eclipse the hottest verified temperature on the continent, which is 118.4

article thumbnail

Seasoned Leadership in Action™! An Interview with Michael Massetti, VP at Gartner!

Supply Chain Game Changer

I live in Tampa, FL, USA with my wife. We restructured all of the documents and created one of the first service-oriented websites so all of the information was available on line. The team reduced finished-goods inventory by 50% and reduced the assembly and test line production variances by 50% in 9 months.

Gartner 74
article thumbnail

The Hub and Spoke Distribution Model for SMB’s

Ware2Go

In the logistics industry, a hub and spoke distribution model is used to disperse inventory to multiple fulfillment centers from a large distribution center. Large retailers and ecommerce marketplaces like Amazon use a hub and spoke distribution model, but mid-sized merchants may not carry enough inventory to fill a large distribution center.

article thumbnail

26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

Cut inventory costs Be it a brick and mortar store or an online business, inventory is always present and it costs money. To avoid skyrocketing inventory expenditure, you need to keep accurate inventory count. To avoid skyrocketing inventory expenditure, you need to keep accurate inventory count.