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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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Only as Good as Your Data: Why Supply Chain Digital Twins Require Real-Time Data Unification

ToolsGroup

With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. In short, they help users make better decisions, much faster, resulting in improved financial performance, inventory efficiency, and customer satisfaction. Get the insights you need.

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The Backorder, March 20 2024

Unleashed

Avoid having too much capital tied up in inventory; use stock optimisation software to set optimal min and max levels based on historical data and sales trends. This will help you slash your inventory and storage costs in one fell swoop. Optimise your reorder points. Lease big ticket items. Always full of perspective.”

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Warehousing News Roundup: April 8, 2019

Stord

For example, Kansas City Southern has accepted trains from other lines that it usually wouldn’t have to accommodate. Macy’s hired its first chief supply chain officer (CSCO) to oversee sourcing, inventory management, distribution, and sustainability. This number fell by 5.4% compared to March of last year, and is down 3.2%

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Trends 2019: Food

Enterra Insights

Food trends. Kerr Food and Agricultural Products Center (FAPC) predict, “From tried-and-true barbecue sauces and flavorful potato recipes with a twist, food developers are becoming inspired by Kansas City barbecue, Southern Appalachian pimento cheese, Made in Oklahoma salsas and other areas from sea to shining sea. .”

Food 100
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This Week in Logistics News (September 12-16, 2016)

Talking Logistics

Keeping track of warehouse inventories with an army of fully autonomous drones (TechCrunch). Google Express, the tech company’s fast delivery service, expands in Kansas City (Kansas City Star). Baidu receives approval from California DMV to test self-driving cars (Reuters). New Transport Mode to Redefine Freight Movement.

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This Week in Logistics News (July 14-18, 2014)

Talking Logistics

Why does this trend continue? UPS, meanwhile, announced that it has developed “a healthcare-compliant network of Field Stocking Locations (FSLs) to reduce delivery time of medical device shipments and enhance inventory visibility.” ” This announcement highlights several important trends in the 3PL industry. .