Supply Chain Shaman

SEPTEMBER 5, 2022

Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

Enterra Insights

AUGUST 15, 2023

The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. Transforming Inventory Management. Young observes, “[In recent years, retailers have experienced] product shortages and overstuffed inventories in rapidly changing consumer markets.

Supply Chain Planning Software 130

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Unleashed

JUNE 15, 2023

The Cost of Goods Sold formula is: Opening Inventory + Purchases + Production Costs – Closing Inventory = Cost of Goods Sold Below, we explain what the cost of goods sold (COGS) is, why it’s important for product businesses, and how to calculate COGS using the cost of goods sold formula. What is cost of goods sold?

Purchasing Skills 52

Purchasing Skills Negotiating Skills Examples Cost Reduction Strategies 52

Veridian Solutions

MAY 28, 2019

Inventory management mistakes constitute a significant cost contributor in today’s supply chains. According to Rod Daugherty of Manufacturing.net , the costliest problem is due in large part to poor inventory visibility and planning. What Are the Most Common Inventory Management Mistakes? Neglecting inbound processes.

Inventory Management Software 66

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Supply Chain Matters

JULY 6, 2022

Both Business Network CNBC and The Wall Street Journal , cited data from Cox Automotive indicating that sales of new vehicles in the U.S. According to reporting by The Wall Street Journal , the apparel maker is having to pay five times more in ocean container movements rates from pre-pandemic levels. billion to $1.9

Supply Chain Disruption 52

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Supply Chain Matters

MARCH 6, 2024

According to a published report by The Wall Street Journal ( Paid subscription ), this asset light company has recently elected to transition its business model to an auto dealership based vehicle distribution model. The company reported a cash balance of slightly over $325 million at the end of 2023.

Sourcing Strategies 52

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Supply Chain Matters

AUGUST 15, 2022

According to published reports from both Bloomberg and The Wall Street Journal , the company will now source its hardware customer fulfillment needs to third-party logistics providers in an effort to reduce product delivery costs by up to half. Inventory Glut of Bicycles. over the coming months.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

NC State SCRC

DECEMBER 15, 2022

In today’s Wall Street Journal , I was interviewed regarding a case that was just filed against Amazon by a large robotics , claiming that the e-commerce giant backed away from promises made early in the Covid-19 pandemic to support the supplier with millions of dollars in new purchases.

Forecasting 52

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Supply Chain Matters

AUGUST 6, 2022

Inventory levels reportedly increased more than 33 percent during the quarter, a reflection of what was described as an aggressive buying strategy amid supply chain disruptions. At the time, Bloomberg cited sources indicating that U.S. For the full year, operating income was expected to decline by 13 percent. with upwards of 1.7

Inventory Reduction 83

Inventory Reduction Cost Reduction Strategies Report Supply Chain Design Software 83

DAT Solutions

JULY 30, 2015

Jeff Tucker 's guest column in yesterday's Wall Street Journal pointed to the pivotal role of technology, including DAT Load Boards , in freight logistics today. Freight brokers consume data directly and they combine information from numerous sources, from the owners of capacity and the owners of cargo.

Logistics Network Optimization Software 70

Logistics Network Optimization Software Journal Predictive Analytics Software Supply Chain Software 70

Demand Solutions

MARCH 27, 2020

They're the teams responsible for forecasting inventory requirements, managing inventory replenishment functions and sourcing inventory from suppliers. Tim was recognized for his exceptional leadership of the supply chain planning and procurement processes teams.

Atlanta 173

Atlanta Supply Chain Planning Supply Chain Software Supply Chain Strategy 173

The Logistics of Logistics

JUNE 23, 2022

Longer lead times, complex handoffs between logistics providers, data flow between disparate systems…requires a new way of thinking for efficient inventory moves from origin to the final customer efficiently. 5) How can the gig economy and ride-share companies support delivery needs in the midst of ongoing workforce shortages.

Supply Chain Strategy 130

Supply Chain Strategy Supply Chain Optimization Supply Chain Software Sourcing Strategies 130

Supply Chain Matters

FEBRUARY 25, 2022

merchants held a total of nearly $643 billion in inventories, described as being below pre-pandemic level, while the closely watched inventory to sales remained near its lowest point in 30 years. West Coast ports currently averaging over 100 days, more inventory is sitting on ships and not able to be sold. All rights reserved.

Supply Chain Planning 40

Supply Chain Planning Inventory Manufacturing Procurement Supply and Demand 40

Supply Chain Matters

JULY 19, 2023

According to reports by Bloomberg and The Wall Street Journal , the perceived weak Q2 number provides added evidence of muted retail sales, a degrading export market and a deepening property market slump. Generally muted global product demand levels and inventory overhang have not helped to spur growth of the country’s manufacturing sector.

China 52

China Manufacturing Procurement Supply Chain Strategy Cost Reduction Strategies 52

ToolsGroup

DECEMBER 20, 2021

Image source: Bloomberg. Image source: American Journal of Transportation. Many importers operating with just-in-time (JIT) inventory couldn’t get hold of the parts they needed. . Macro Supply Chain Issues Caused a Ripple Effect. The Lack of Supply Chain Resilience, Exposed. But they’re primarily not new challenges.

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Supply Chain Matters

APRIL 25, 2024

In its reporting, The Wall Street Journal characterized this performance as dismal. billion, a reflection of increased price discounting and a building inventory of unsold vehicles. In the latter category, global vehicle inventory expressed in days of supply was reported as 28 days, compared to 15 days in the year-earlier quarter.

Price Reduction 52

Price Reduction Cost Reduction Strategies Expense Reduction Inventory Reduction 52

Supply Chain Matters

FEBRUARY 7, 2024

We believe that these inventory management, customer and last-mile fulfillment strategies will have industry wide implications in terms of competitive stakes and cost-to-serve. Across the United States , Amazon elected to change its former predominant west to east coast hub based inventory and fulfilment distribution network.

Supply Chain Network Software 52

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Supply Chain Matters

JULY 15, 2022

Sourcing was both a cost as well as landed cost decision factor. The company lacked visibility to inbound inventory and a third-party logistics provider’s tracking systems were not aligned to Peloton ’s customer service support needs. The company’s inventory levels of unsold equipment have reportedly swelled to over $1 billion.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Supply Chain Matters

OCTOBER 7, 2022

The Wall Street Journal reported this week ( Paid subscription or metered view ), that fashion and apparel retailer Macy’s has managed to avoid the significant excess merchandise inventory levels that are challenging other retailers. We recommend that our readers have a view of this report.

Supply and Demand 52

Supply and Demand Inventory Reduction Demand Planning Software Price Reduction 52

AB&R

NOVEMBER 20, 2023

The pandemic accelerated the Buy Online Pick Up in Store (BOPIS) model, which accounted for $72 billion in purchases in 2020, having greater inventory accuracy grew ever more important. When Walmart first attempted RFID, distributors kept the EPC-tagged items separately from the rest of their inventory. HAVE QUESTIONS?

Manufacturing Procurement 52

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Supply Chain Matters

JULY 11, 2023

Included in the results were noted inventory charges and losses on firm purchase commitments of $920 million as of December 31, 2022 compared to $95 million as of December 31, 2021. For the planned next generation of R2 vehicles, the sourcing and assembly of batteries will all reside in the U.S. billion as compared to $4.7

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Procurement Analytics Inventory Reduction 52

Supply Chain Opz

JANUARY 3, 2022

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute sourcing strategies like the world's leading companies. Cons: It focuses heavily on sourcing or purchasing which is one function under integrated logistics management.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Enterra Insights

MAY 4, 2020

From the outset, key lessons related to knowing the supply chain were at the forefront — not just the final link but key sources of supply related to materials, having contingency plans for interruption of supply, and understanding the capabilities and vulnerabilities of critical elements within the value chain.”[4]. ”[4].

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Supply Chain Matters

SEPTEMBER 26, 2023

A Wall Street Journal published report on this situation (Paid subscription) indicates that in previous Covid vaccine rollouts, vaccine makers such as Pfizer and Moderna shipped needed doses directly to designated vaccination centers. Production sourcing and distribution is predicated on the needs of drug companies and insurance providers.

Distribution 52

Distribution Pharmaceutical Supply Chain Design Software Supply Chain Design 52

Supply Chain Opz

SEPTEMBER 9, 2013

So they implement a very comprehensive risk management system and their risk mitigation strategies are low inventory level, flexible capacity and redundant suppliers. This also enables them to manage product quality more effectively due to the ease of control. 7) Establish Risk Management System : they realize that risks are the fact of life.

Supply Chain Transformation 257

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Supply Chain Matters

SEPTEMBER 6, 2023

From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The inventories index decreased 2.1 manufacturers are continuing to draw down inventory levels. The Wall Street Journal has reported ( Paid subscription ) that large U.S. in August compared to 57.7

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. Source: Machine Learning – A Giant Leap for Supply Chain Forecasting, Material Handling and Logistics Conference (PDF, 28 pp.,

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Supply Chain Opz

JANUARY 29, 2020

Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. The content is good then people refer to it often (number of citations are also used to measure the importance of journal articles aka Impact Factor). Anyway, the access to this database costs an arm and a leg.

Agile and Lean Supply Chain 100

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Supply Chain Game Changer

OCTOBER 5, 2022

Keeping records of the above is called a warehouse inventory. However, warehousing itself is usually limited to storing an inventory for a certain period of time and does not include additional services. This is how they fit together: · Shipping inventory : goods are shipped to the warehouse.

Warehousing 95

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Supply Chain Matters

MARCH 27, 2024

According to reporting by The Wall Street Journal , this refinery currently has six to eight weeks of stockpiled raw sugar at the present time. There are two other harbor crossings but the prospects for high levels of traffic congestion loom large, especially for just-in-time inventory replenishment movements.

Baltimore 52

Baltimore Supply Chain Design Software Supply Chain Design Supply Chain Software 52

Supply Chain Matters

APRIL 4, 2024

In reporting of the latest investment, The Wall Street Journal observed that the total investment represents Amazon’s largest investment in another company since its founding 30 years ago. The data is then compared with the existing warehouse management system (WMS) in order to foster real-time inventory accuracy and availability information.

Supply Chain Design Software 40

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Precoro

SEPTEMBER 4, 2023

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. By learning how to calculate it and change it to their advantage, companies can accelerate cash inflow and free up money that would otherwise be tied up in inventory.

Optimal Sourcing 59

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Supply Chain Opz

APRIL 1, 2018

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute procurement and sourcing strategy like the world's leading companies. Journal of Business Logistics, 38(1), 35-54. #The links below are paid links. Our Rating: 5 Stars 4.

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Supply Chain Matters

MAY 24, 2022

Published reports from Bloomberg , Business Insider and The Wall Street Journal report that the online retailer has now acknowledged that it overbuilt capacity and now aims to sublet upwards of 10 million square feet or more of warehouse space. double that of two years earlier.

Supply Chain Planning Software 52

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Talking Logistics

JUNE 30, 2016

It was back in January 2015, after reading an article in the Wall Street Journal about bitcoin, that my eyes were opened to the potential for blockchain technology to transform supply chain management. Source: “Blockchain Technology: Possibilities for the U.S. Overview of Fluent Applications (source: Fluent website).

Supply Chain Design Software 107

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Resilinc

FEBRUARY 7, 2023

By the fourth quarter, managers at automotive firms “were encouraged by relatively strong sales … as factory work accelerated in the midst of improved parts supply,” wrote the Wall Street Journal on January 4. ESG Concerns About Battery Minerals Major ESG questions also loom over the sourcing of critical battery minerals.

Automotive 62

Automotive Industrial Industry Manufacturing Procurement 62

USC Consulting Group

JUNE 3, 2020

As reported by The Wall Street Journal, this $213 billion segment has experienced significant declines in production and assembly line output, as thousands of workers have been sidelined after testing positive for COVID-19. “Expect little to no boxed beef,” a correspondence obtained by the Journal read.

Inventory Reduction 64

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