Remove Inventory Remove Jordan Remove Manufacturing Remove Resource Reduction
article thumbnail

This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

Last night, I took my 13-year-old son to see the movie Air, which tells the story of how Nike pursued basketball rookie Michael Jordan in 1984 to sign with the company. That move, and Michael Jordan’s incredible talent and business acumen, has turned the Jordan brand into a multi-billion-dollar business. Inventories at U.S.

article thumbnail

5 things you need to know when moving from DTC to retail

crisp

For example, Jordan Buckner at Tea Squares was selling to a distributor for over a year before he realized there were a large number of product returns. This includes coupons, temporary price reductions, co-advertising, or buying ad placements on retailer apps. Keeping track of inventory and supply chain data is all-important.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Spire and Gravity Supply Chain solutions helping restore flow of goods

Gravity Supply Chain

Just-in-time (JIT) inventory management became crucial to the nation’s meteoritic industrial growth, including Toyota’s eclipsing North American and European automakers as the world’s largest automakers for their time. per ton; the standardized container cut that cost to just 16 cents a ton … The U.S.

article thumbnail

Wholesale Ecommerce Explained + 5 Best Platforms for Wholesale

ShipBob

In other words, you function as an intermediary between the retailer and the manufacturer. It also benefits manufacturers, in that they don’t have to worry about finding sellers who will distribute their products to end consumers. . For retail ecommerce businesses, you would be buying the goods in bulk from the wholesaler.

article thumbnail

ERP is an Oxymoron

synchrono

I just decided that there couldn’t be a technology less aptly named than Enterprise Resource Planning, more commonly known as ERP. From a manufacturer’s perspective, ERP was born with the addition of MRPII to the core financial functionality already found in existing systems. My problem is with Resource and Planning.

article thumbnail

Going Lean: Should You Replace Your ERP System?

synchrono

By Trey Jordan, Senior Software Consultant. Enterprise Resource Planning (ERP) has been around for decades. At some point in their Lean journey, nearly every manufacturer faces the same decision: Do you take the time to fix or replace your broken ERP systems or just keep working around them? Gartner Hype Cycle.

Lean 78
article thumbnail

Supply Chain Management:Rapid Innovation will Differentiate the.

Infosys Supply Chain Management

Industrial Manufacturing. Publishing Resources Industries. Human Resources. That in-turn raises the challenge of the ability to manage inventories across cross-channel commerce, along with the ability to position and deploy inventory to the most profitable channel and associated store outlets. Financial Services.