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Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

Supply chain and logistics consultant, educator, and podcast host Rob O’Byrne has over 40 years of supply chain experience. He has been helping companies design more profitable supply chains for over 25 years, most of them as founder and CEO of Logistics Bureau.

Inventory Management in Service Logistics Industry

Talking Logistics

What is Inventory Management? For Manufacturing it’s about carrying zero or minimum inventory. For Logistics the focus is on high inventory turns. Inventory Management is about having a right balance of expectations from different functions of the supply chain. Inventory Management is a function that should always be in sync with your supply chain strategy and in turn depends on your overall business strategy. What does it mean for inventory?

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COVID-19: Implications on inventory planning, sourcing and procurement

EFT

It has been a huge challenge to understand what is changing moment-to-moment, let alone predicting what will happen, so eft by Reuters sat down in a webinar with experts working at the coalface of inventory planning and distribution to understand what can be done to survive and thrive. Visibility is the centrepiece … not only in terms of where my inventory is, in which channel, and where to move it, but also in consumer demand, and how can I be ahead of that game and forecast the demand?”

How manufacturers optimize their inventories

ToolsGroup

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: How do inventory optimization (IO) and multi-echelon inventory optimization (MEIO) enable manufacturers to operate more efficiently? IO uses powerful analytics to generate the right inventories to meet demand, address demand volatility, and achieve targeted service levels.

How manufacturers optimize their inventories

ToolsGroup

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: How do inventory optimization (IO) and multi-echelon inventory optimization (MEIO) enable manufacturers to operate more efficiently? IO uses powerful analytics to generate the right inventories to meet demand, address demand volatility, and achieve targeted service levels.

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.

Strategic sourcing enters a new age. Are you keeping up? (Part 2)

ivalua

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. Improving costs remains a core competency for any sourcing organization. Inventory. Logistics. The post Strategic sourcing enters a new age.

Improving inventory management

EFT

What’s more plenty on the retail side have found themselves with held inventory but it suddenly locked away in stores that people could no longer frequent, browse and shop from. I believe that you're going to see sustained push to e-commerce. Inventory management, evolved.

Healthcare Logistics

LeanCor

Healthcare Logistics: A Network Design Case Study. 23 million dollars in total healthcare logistics cost savings; how would that make you feel? Constructing a total cost model and performing a Greenfield analysis to identify optimal distribution center locations and transportation network allowed the LeanCor engineers to identify $23M total healthcare logistics cost savings for a healthcare product distributor. Improved service levels with overall inventory reduction.

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? Again, this might include recycling or refurbishing items damaged in storage or transit, or placing undamaged returns back into a sales inventory.

Vendor Managed Inventory Model for Supply Chain Cost Reductions

Cerasis

As a supply chain expert and value creation supply chain consultant myself, I believe I have identified some core areas that will lead to desired supply chain cost reductions that are both sustainable and realized quickly. Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions.

Warehouse Cost Reductions: 3 Understandings Driven By Inventory Management & Lean Principles

Cerasis

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. First, look at inventory as MONEY/CASH. Try using a Vendor Managed Inventory (VMI).

Lean 191

Supply Chain Alone Can’t Solve Sustainability But it Has a Part to Play!

Supply Chain Game Changer

Around the world, people are demanding more from their governments, business communities, and their fellow consumers to help create a more sustainable future. We’re a recruitment company deeply specialized in the world of Supply Chain Management – which includes Procurement, Logistics, Distribution, Planning and other functions that involve bringing products from raw materials to market. In short, current trends aren’t sustainable with projected population growth.

Use of Blockchain in Supply Chain & Logistics: Looking to Examples Across Industries for Better Understanding

Cerasis

Even JP Morgan, Microsoft, and Google, reports Jonathan Chester of Forbes , are working to increase blockchain development and innovation, and supply chain leaders need to understand how the use of blockchain in supply chain and logistics will bring about lasting change and improvements in efficiency. Blockchain is entering a phase of development that will affect every aspect of supply chain and logistics management, ranging from procurement to forward logistics and beyond.

Is it REALLY organic? Sustainable farm to fork supply chain.

Logichain Solutions

Is it locally sourced or imported? Organic food companies need to go beyond just the product; they also need to ensure that the entire farm to fork supply chain is sustainable. One of the biggest contributors to a sustainable supply chain is the sourcing of products.

Food 52

21 logistics experts share the most important ingredients in developing an effective logistics strategy

6 River Systems

There are several elements in an effective logistics strategy, with the ultimate goal of identifying the most cost-effective service levels and developing plans and processes that enable the company to operate as close to those optimal service levels as possible. in the logistics industry.

Addressing sustainability threats to coffee supply chain using low-code technology

TrackVia

Volcafe Way is a sustainable sourcing strategy created to radically transform coffee production. They work directly with coffee farmers to assist and train them in sustainable production techniques and good agronomy practices, focusing on making the best use of their land for future generations. See how this Fortune 500 security logistics company dramatically improved its supply chain using the most-trusted low-code platform.

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.

Is it REALLY organic? Sustainable farm to fork supply chain.

Logichain Solutions

Is it locally sourced or imported? Organic food companies need to go beyond just the product; they also need to ensure that the entire farm to fork supply chain is sustainable. This includes fair sourcing, being a good steward of all resources, minimizing the carbon footprint, and using recyclable / compostable packaging. Here are some key factors organic food companies need to consider to ensure a sustainable supply chain: Sourcing.

Food 40

Is it REALLY organic? Sustainable farm to fork supply chain.

Logichain Solutions

Is it locally sourced or imported? Organic food companies need to go beyond just the product; they also need to ensure that the entire farm to fork supply chain is sustainable. This includes fair sourcing, being a good steward of all resources, minimizing the carbon footprint, and using recyclable / compostable packaging. Wherever possible, food, ingredients, and packaging should be sourced locally. However, it is not always possible to source all ingredients locally.

Food 40

Is it REALLY organic? Sustainable farm to fork supply chain.

Logichain Solutions

Is it locally sourced or imported? Organic food companies need to go beyond just the product; they also need to ensure that the entire farm to fork supply chain is sustainable. This includes fair sourcing, being a good steward of all resources, minimizing the carbon footprint, and using recyclable / compostable packaging. Wherever possible, food, ingredients, and packaging should be sourced locally. However, it is not always possible to source all ingredients locally.

Food 40

Is it REALLY organic? Sustainable farm to fork supply chain.

Logichain Solutions

Is it locally sourced or imported? Organic food companies need to go beyond just the product; they also need to ensure that the entire farm to fork supply chain is sustainable. This includes fair sourcing, being a good steward of all resources, minimizing the carbon footprint, and using recyclable / compostable packaging. Wherever possible, food, ingredients, and packaging should be sourced locally. However, it is not always possible to source all ingredients locally.

Food 40

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. In the digital transformation age, logistics is once again undergoing a major shift. These technologies also contribute to a rise in big data and analytics in the logistics field. ” Meet Our Panel of Logistics Pros: Brian Jessup.

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. According to World Bank report, efficient logistics refer to transport, storage and conveyance of products to the ultimate consumers from the companies at minimal costs. How can companies enable Green Logistics? Green logistics has a significant role in the trade process, transport and deliver the goods.

This Week in Logistics News (July 15-19, 2013)

Talking Logistics

XPO Logistics to Acquire 3PD, the Largest Provider of Heavy Goods, Last-Mile Logistics in North America. Here are some additional details from the press release: Data Services data sets will include mode-specific transportation costs and transit times, facilities cost estimates, demographics, risk metrics, duties and taxes, sustainability metrics and others. Tweet The post This Week in Logistics News (July 15-19, 2013) appeared first on Talking Logistics with Adrian Gonzalez.

Insights from Ryder Innovate 2014

Talking Logistics

I have long argued that third party logistics providers (3PLs) should set themselves apart from the competition by fully harnessing the power and value of their customer and employee communities. Sustainability and Green Initiatives in Transportation and Logistics. Source: “Sustainability and Green Initiatives in Transportation & Logistics,” Jason Mathers, EDF, Ryder Innovate 2014. Transportation and Logistics Industry Trends.

PINC named Top Logistics IT provider in 2020

PINC

Union City, CA – April 27, 2020 – PINC, the leader in digital yard solutions, has been recognized by Inbound Logistics magazine as Top Logistics IT Provider in 2020 because its solutions address critical logistics and transportation needs and help organizations to truly become demand-driven enterprises. Every April, Inbound Logistics editors recognize 100 logistics IT companies that support and enable logistics excellence.

50 expert tips on logistics planning and strategy

6 River Systems

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Luckily, the current movers and shakers of the logistics and supply chain world are all too happy to dole out sage advice in the form of blog posts, interviews, podcasts — you name it. Logistics strategies for streamlined fulfillment. Logistics personnel and supplier management pointers.

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

Supply Chain Game Changer

A predominant issue is having single, or sole, sourced parts. If the supplier provides materials that can be sourced elsewhere then you have a path to developing a contingency plan. Every part of your Supply Chain from suppliers, to logistics carriers to Distribution Centres, Manufacturers and Marketing channels must all have sufficient capacity to meet your needs. And Supply Chain manages the levels of inventory which can dramatically impact the deployment of cash.

5 Ways to Optimize Your Logistics & Transportation with Lean

Arkieva

Are you using lean in your logistics and transportation management? The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Right Source. Rather, going beyond customer expectations need to be fully understood, and transportation strategies then developed to meet those expectations with optimal inventory levels.

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Is Hyperloop the Next Great Supply Chain Technology?

Kinaxis

They might allow companies to carry less inventory – perhaps using Hyperloop to rapidly source whatever parts or raw materials that can’t be 3D printed. As a result, the technology represents the greenest transportation method yet devised, which would make Supply Chains more sustainable. But we’re interested in what Supply Chain and Logistics pros in our network have to say.

This Week in Logistics News (May 7-11, 2018)

Talking Logistics

My wife often jokes that she is the VP of Supply Chain and Logistics in our family. Source: [link]. Moving on, here’s the supply chain and logistics news that caught my attention this week: Uber teams with NASA to make flying cars a reality (CNN). With the new routes, customers also have more sustainable service and wider coverage. The post This Week in Logistics News (May 7-11, 2018) appeared first on Talking Logistics with Adrian Gonzalez.

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. In particular, the focal BRIC (Brazil, Russia, India, and China) represent major targets for expansion, but with them come a host of new problem that enterprises have little to no experience in dealing with in terms of logistics capabilities.

Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

“Managing supply chain and logistics has never been more significant and challenging since the outbreak of COVID-19 that created a new norm with high uncertainty and enforced an inevitable shift”. Logistics and supply chain management is a rapidly evolving field.

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BoB vs. ERP – Part 2: Warehousing, Distribution and Logistics

Supply Chain Nation

A common theme in the Tier 1 and 2 landscape of supply chain execution management is the desire to “orchestrate and synchronize end-to-end business processes,” and that “warehousing and transportation are notable points of convergence” (source: Gartner 2017 Magic Quadrant for Warehouse Management Systems ). Warehouses and transportation are the backbone of a successful logistics operation. Logistics BoB distribution ERP logistics warehousing