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.

10 Minute Supply Chain & Logistics Strategy

Logistics Bureau

Why do so few businesses have a supply chain strategy? If it’s that important, I suggest that every business should have one that can translate up and down the organisation to fully understand. Besides, it’s not rocket science to put one together!

America First: How a New Slew of Trade Policies Will Impact Supply Chain

Elementum

It’s worthwhile to invest in technology to gather supply chain news and information, partner with other companies to share intelligence on potential supplier issues, and collaborate closely with logistics providers. If this is not yet possible, then building up an inventory of key components is a good short-term solution. policy china trade international trade USUS manufacturing activity dropped slightly in March.

America First: How a New Slew of Trade Policies Will Impact Supply Chain

Elementum

It’s worthwhile to invest in technology to gather supply chain news and information, partner with other companies to share intelligence on potential supplier issues, and collaborate closely with logistics providers. If this is not yet possible, then building up an inventory of key components is a good short-term solution. policy china trade international trade USUS manufacturing activity dropped slightly in March.

Are you ready for the fallout? How proposed US trade policy changes will impact your end-to-end supply chain

Kinaxis

by Alexa Cheater Love them or hate them, it’s hard to escape the proposed sweeping changes to America’s trade policy put forth by US President Donald Trump. But what impact will his trade policy changes have on your end-to-end supply chain?

Taking a Holistic View on Inventory May Lead to Change in Strategy

Talking Logistics

Inventory optimization has always been a challenge while designing and planning a supply chain. A variety of barriers can impact an effective inventory strategy, such as working in functional silos and demand/supplier volatility¹. Asking the Right Inventory Questions.

The Current State of E-Commerce Logistics

Cerasis

As recently as 2016, the state of e-commerce logistics triggered a rush to expand warehousing. Challenges in Today’s State of E-Commerce Logistics The challenges of today’s e-commerce strategies were formed when supply chain leaders believed the only solution to e-commerce was expansion.

Don’t Take a Holiday from Inventory Management

Talking Logistics

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Companies that have too much inventory on-hand right now are struggling to clear out space ahead of the season, slashing prices and concerning stakeholders as profit margins creep downward.

Logistics KPIs Case Study: Whirlpool’s Supply Chain and Logistics Success Driven by Effective KPI Implementation

Cerasis

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. Whirlpool has not always considered logistics a competitive advantage.

Optimising Inventory Control in Multichannel Businesses

Unleashed

With better inventory control and optimised management, your multichannel operation can perform at a higher level and meet customer expectations. Integrating inventory control with suppliers. Integrating your supply chain with your inventory control method is crucial for improving the consistency of your product supply. Improved inventory control is ultimately affecting your customer experience. Ensuring reverse logistics policies.

Static Inventory an Untapped Source of Working Capital

Supply Chain @ MIT

Inventory management policies that fail to keep pace with shifting product demand can lock up valuable working capital, especially in volatile markets. A research project* at the Zaragoza Logistics Center, Zaragoza, Spain, has developed models for […].

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Companies Still Paying a High Price for Flawed Inventory Policies

Supply Chain @ MIT

Optimizing inventory management policies can achieve dramatic reductions in operational costs, yet many companies leave substantial savings on the table because they fail to develop the most efficient management policy for their business.

What Are the Best Ways to Optimise Your Inventory?

Unleashed

Inventory optimisation is changing the way businesses are running their warehouses and managing their inventory stock. Focusing on inventory optimisation allows companies to free up working capital without substantially changing the service levels. Companies are moving beyond the “binge and purge” inventory philosophy. They used to over-buy their inventory stock. If demand didn’t match their inventory stock levels, they’d discard it at the end of a season.

How Artificial Intelligence and Global Economic Factors Affect Inventory Optimization

ThroughPut

Through the targeted use of Artificial Intelligence (AI), Machine Learning and other technologies, leading global innovators are constantly trying to enhance the effectiveness of their inventory management.

This Week in Logistics News (September 17-21, 2018)

Talking Logistics

This time I’ll be returning from enVista’s FUEL 2018 conference where I am giving a keynote presentation this morning on Defining Your Own Logistics Competitive Weapon. GateHouse Logistics and Elemica Partner to Accelerate Secure Data Sharing in Global Chemical and Process Industries.

Is Your Company on top of its Inventory Planning Game?

Logistics Bureau

Good inventory management, like everything else, starts with good planning. But planning isn’t just the start; it’s the very foundation of effective inventory control. Inventory planning also happens to be an area that many companies fail to prioritise sufficiently.

The 2017 State of Logistics Report: Uncertainty, Unsustainabiltiy Usurp Logistics  

Cerasis

The 28th Annual Council of Supply Chain Management Professionals ( CSCMP ) 2017 State of Logistics Report, published by A.T. Logistics Costs Are Unsustainable. logistics costs fell last year for the first time since 2009, reflecting concern within the industry. Logistics

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Supply Chain and Logistics Predictions for 2016

Talking Logistics

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. Making supply chain and logistics predictions is like throwing darts at a moving target. How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Like oil prices, interest rates impact supply chain policies and decisions, especially with regards to inventory. The Case for Competing on Logistics Talent.

This Week in Logistics News (October 17-21, 2016)

Talking Logistics

Our Logistics Leaders for T1D Cure Team (LL4T1DCure) raised just under $43,000 for the cause! Moving on, here’s this week’s supply chain and logistics news that caught my attention: IBM, Walmart, university to put Chinese food products on blockchain (Reuters).

Do You Understand Your Chief MRO Inventory Challenges?

Logistics Bureau

Given this knowledge then, does your organisation place enough importance on the management of MRO inventory? If yours is one of them, and you’re wondering where and how to start getting a grip on MRO inventory, this post might help. MRO Inventory Forecasting: A Matter of Opinion?

Seeking Logistics Perfection

Enterra Insights

Logistics professionals could adopt that statement as their motto. Half-a-decade ago, Apptricity analysts wrote, “In the world of supply chain and logistics management, perfection remains an elusive goal. ”[1] Between then and now, logistics has become a focal point in today’s e-commerce environment; but, the perfect order remains the elusive ideal. “Logistics companies cannot afford not to be innovative,” he explains.

What’s the Difference Between Freight Management and Logistics Management?

Supply Chain Game Changer

What’s the Difference Between Logistics and Distribution? In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. What is Logistics Management? Subscribe Here! Email Address.

Can logistics providers offer replenishment planning and distribution services to their clients?

The Network Effect

Logistics providers are in a unique position to be the key enabler of this multiparty execution backbone. For example, when thinking about replenishment, Logistics providers can now provide the ability to optimize truckloads simultaneously with inventory using pull policies.

The Rise of Logistics Technology in E-Commerce

Cerasis

Logistics technologies are changing how modern retailers operate. Home Depot is revamping their distribution center strategy to include a host of regional centers, and logistics providers stand to reap significant profits from increased collaboration in the marketplace. However, the rise of e-commerce will naturally lead to greater focus on logistics technologies, and you need to understand how this increase the role of logistics technology in e-commerce in the global economy.

What Exactly Is Reverse Logistics?

Supply Chain Game Changer

And then at some point all of these activities were included under the banner of “Reverse Logistics” What on earth is Reverse Logistics? So What Is Reverse Logistics? The term “Reverse Logistics” was first coined by James R. Subscribe Here!

Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

I will be wrong again,” I stated last year before making my supply chain and logistics predictions for 2017 , and I was right. UPS Joins Top Alliance To Create Blockchain Standards For Logistics. If the bill is enacted, it will be the biggest change in tax policy in over 30 years.

Top 5 Roadblocks to Effective Inbound Logistics Management

Cerasis

With the added pressure to lower costs to end-users, your customers, it’s no surprise that the need for increased scrutiny and cost reductions among inbound logistics partners, your vendors, has gone rogue. Some cite a lack of visibility or lack of control for reasons to not manage inbound logistics, and while proponents of “increased visibility” argue more information begets more effective inbound logistics strategy, its meaning gets lost in the murky waters of the internet.

Inbound logistics requirements for the new automotive supply chain

The Network Effect

In my last four posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , and the all important ASN. Today I want to discuss inbound logistics requirements. SMMT/Ltd Flickr.

7 Key Factors that Underpin the Success of your Inventory Optimization Initiative

Supply Chain Opz

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service. In this article we will examine inventory optimization processes as part of a structured sequential journey and examine seven of the key factors in delivering the optimal mix of stock.

Logistics Trends Part 2

BluJay Solutions

Restructuring production schedules has been part of this, as well as encouraging consumers to pre-order, removing much of the risk of holding too much inventory. The global logistics industry is already seeing a major change to the relationship that drove its development for the last three decades and before. Third, the global economic downturn has created more protectionist policies, which have acted as a drag on international trade. First Trend: Yield Dilution.

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Logistics can be traced all the way back to the Greek and Roman empires , but it’s undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. ” Meet Our Panel of Logistics Pros: Brian Jessup.

5 Best Logistics Books for Beginners

Supply Chain Opz

Are you a beginner and you want to learn about each logistics function? We will show you 5 logistics books that will help you learn faster than any other books. Why is Logistics a Good Career? In the United States, the median wages for a Logistics Manager is around $90,000 annually. So, the career in logistics management can be very lucrative if you have a career plan and keep on developing yourself. Are there any other logistics books you love and why?

The Trade War Latest: What Supply Chain Professionals Should Consider

CH Robinson Transportfolio

As I’ve been discussing the latest tariff changes with importers, a few recurring questions seem to be on most companies’ minds: Will our supply chain be more impacted by the policy changes affecting China-to-U.S. Customs/Trade Policy Global Forwarding

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Global Trends Podcast Discusses Today’s Challenges

CH Robinson Transportfolio

Recently, I had the chance to talk with Eric Kleinsorge, publisher of Global Trade Magazine for a GT Podcast titled Global Logistics & Current Market Trends. domestic logistics infrastructure.

How Master Data Affects Company's Success In Logistics Industry

Abivin

That being said, Master Data significantly influences a company's strategic business decision-making and also its success rates, especially a company operates in the Logistics Industry. Why is Master Data so important in Logistics Industry?

Reverse Logistics and the Power of Your 3PL!

Supply Chain Game Changer

Blog post originally published by Expak Logistics on [link] Permission to publish here provided by Morgan Dixon. For many companies, reverse logistics has become an integral part of their business plan, offering them the ability to maximize the efficiency of their operations.

Green Logistics: How to deliver efficiently while minimizing carbon footprint

Abivin

Source The process and involvement of logistics department in every organization have become an essential part to the economic development for a long time now. How can companies enable Green Logistics?