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This Week in Logistics News (November 11 – 17)

Logistics Viewpoints

And now on to this week’s logistics news. LSEG Workspace, a financial news and data platform, calculated inventory turnover ratios of 30 major U.S. The “Buy American” campaign, fueled by the promise of a domestic manufacturing boom and well-paying jobs right here at home, is gaining steam in Congress. retailers for Reuters.

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Planning to Win: Optimizing Inventory to Meet Business Objectives

ToolsGroup

Optimization is peak efficiency, using the perfect balance of inventory and resources to service customer demand without incurring any unnecessary costs or waste. Optimizing is meaningless without an inventory optimization objective. Of course, inventory optimization is infinitely more complex than yacht racing.

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What’s new in the automotive supply chain? (Hint: Inventory Replenishment Policies)

The Network Effect

Today I want to explore how automobile suppliers are improving their operations via inventory replenishment policies. Effective inventory replenishment policies in use today include the 830/862 converted to a delivery release, KanBan, Min/Max, and Sequencing.

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This Week in Logistics News (April 29 – May 5)

Logistics Viewpoints

Well, ARC Advisory Group , the owner of Logistics Viewpoints, has been conducting research on the PLC market for decades. And now on to this week’s logistics news. million-square-foot warehouse in Connecticut Flexport announced the acquisition of Shopify Logistics’ assets, including Deliverr. Come on – not a chance!

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Not To Be A Losing Pawn

Supply Chain Shaman

I worked three layers down in the organization for a well-established leader in manufacturing named Dan. Fred owned logistics and customer service for the organization. Dan had a very manufacturing view and Fred focused on logistics. In the early 1980s, As a result, we did not have a perpetual inventory signal.

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When It Comes To Excess Inventory, Prevention Is Better Than Cure

ToolsGroup

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

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6 Ways Food Manufacturers Can Build Resilience into Post-COVID Planning

Logility

For example, shoppers had limited access to fresh produce, meats, and fish due to shortages and disruptions in logistics and delivery services. The key to creating an effective market-driven demand plan so that food manufacturers can build resilience is access to rich forecasts based on inputs from multiple sources.