article thumbnail

2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Logistics and inventory management rounds out the top four focus areas at 82 percent. Other critical functions include order management, manufacturing, and product development. Remember that talent management matters.

article thumbnail

ToolsGroup Supports Accelerated Growth With Addition of New Executives

ToolsGroup

Jon has successfully helped organizations develop growth and margin improvement strategies across a wide range of product and service offerings to include software as a service, hosting, managed services, and hardware. . The former head of human resources reports to Joseph as the ToolsGroup team is scaled to drive growth and innovation.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Insights from Ryder Innovate 2014

Talking Logistics

The value of peer-to-peer learning and networking was evident at last month’s Ryder Innovate conference — “an exclusive gathering of senior leaders in transportation, logistics, and supply chain seeking strategic insight, new ideas, and thought leadership to improve their supply chain and fleet operations.” Forecasting. Technology.

article thumbnail

Ease the Burden of Labor Shortages and Increase Supply Chain Resiliency 

Logility

This results in delays that cause material or inventory shortages that affect both manufacturers and retailers Fulfillment centers that are short of workers can’t keep pace with order fulfillment volumes fueled by eCommerce. You have the seemingly uncontrollable supply chain disruptions along with a labor and talent shortage.

article thumbnail

Planned Obsolescence in the Durable Goods Industry

Logility

Disposable income can ebb and flow abruptly due to natural and man-made disruptions, leaving durable goods manufacturers scrambling to dispose of excess inventory. Expanding Consumer Product Preferences and Resulting Explosion in Inventory. The consumer durable industry is experiencing rapid product innovation.

article thumbnail

Planned Obsolescence in the Durable Goods Industry

Logility

Disposable income can ebb and flow abruptly due to natural and man-made disruptions, leaving durable goods manufacturers scrambling to dispose of excess inventory. Expanding Consumer Product Preferences and Resulting Explosion in Inventory. The consumer durable industry is experiencing rapid product innovation.

article thumbnail

Is There a Third Option for SCM Executives Looking to Revamp their Supply Chain Management Operations?

Kinaxis

Over that same period of time, however, many non-manufacturing supply chain functions, such as inventory management, forecasting and supply planning have remained in-house. Does a company fitting this description have the focus and priority to dedicate the resources they need to inventory management, forecasting and supply planning?