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The Inventory Accuracy “Confidence Gap”

Talking Logistics

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance. And it begins with improving their inventory accuracy.

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.

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Omni-Channel Logistics Leaders: The Importance of Real-Time Inventory Visibility

Talking Logistics

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance.

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. It then uses this model to understand the impact of demand forecasting on inventory.

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. It then uses this model to understand the impact of demand forecasting on inventory.

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.

Logistics Trends Part 2

BluJay Solutions

First Trend: Yield Dilution. One of the longest term trends in the industry has been dilution of yields, which means that forwarders have to work harder to maintain their revenues. A key driver behind this trend was the economic downturn, which prompted shippers to look at ways to de-cost their supply chains whilst still maintaining their efficiency. Second Trend: Relationship with global trade. The post Logistics Trends Part 2 appeared first on Kewill Inc.

Five Trends That Excite Me!

Supply Chain Shaman

Here I share insights on the work we are doing on the Network of Networks, and Five Trends that Excite Me. At this small session we will explore these new trends: What is the role of blockchain in the future of building value networks? Five Technology Trends That Excite Me.

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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.

6 Manufacturing Trends to Watch Out for in 2016

Cerasis

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. Instead of setting up brick-and-mortar stores, or keeping inventory on hand, you can start offering this new product on your new store. Manufacturing manufacturing trends

The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

Cerasis

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story.

Defining Your Own Logistics Competitive Weapon

Talking Logistics

For a long time, C-level executives viewed supply chain management, especially the logistics function, as a cost center. Source: “Tech in Asia” – https://www.techinasia.com. Supply Chain & Logistics Trends Amazon Prime logistics supply chain

Sales, Inventory & Operations Planning – What It Is and How to Operate

USC Consulting Group

Sales, Inventory & Operations Planning (SIOP) is a dynamic process in which the company’s operating plan is updated on a regular monthly or more frequent basis. Objectives of Sales, Inventory & Operations Planning.

Trends and Predictions 2020: Supply Chain

Enterra Insights

Predictions are normally based on how specific areas are going to respond to current trends. Supply chain trends. As I noted above, predictions are normally based on how specific areas are expected to respond to current trends. IBM analysts have identified five trends they believe will shape the supply chain of the future. Each trend emerges from a different Digital Age technology. ”[1] The IBM technology trends are: 1.

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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. When making predictions, it’s easy to look at recent trends and simply project them forward. But this assumes that the factors behind those trends will remain the same, which is often a false assumption. The Case for Competing on Logistics Talent.

The Convergence of Logistics and Commerce (and Social Networking Too)

Talking Logistics

According to the article: Symphony, which helps companies like Gatorade and Hershey’s manage their web business, is doubling down on its logistics services [emphasis mine], by helping these brands enable faster shipping. Source: Symphony Commerce website.

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

Talking Logistics

Source: Evan, Flikr. “I 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. SophiaTX Open Source Platform to Integrate SAP, Blockchain.

4 Key Trends to Watch in Smart Manufacturing and Supply Chain

Cerasis

I remember reading an MIT paper on manufacturing technology trends a couple of years ago. The next key trend I see coming is a more prominent role of Internet of Things (IoT) in extended supply chains. This leads us into our final trend of distributed smart manufacturing.

This Week in Logistics News (September 3-7, 2018)

Talking Logistics

Here I am doing my standard Talking Logistics intro through one of my favorite filters: How awesome would it be to discuss blockchain or the capacity crunch in transportation using this filter for an entire episode? Spark Delivery: Walmart’s Crowd-Sourced Delivery Platform.

Supply Chain Technology Trends to Watch Out For

AFFLINK

What are the current supply chain technology trends? Many of these trends are evolutions of trends we saw developing through 2018, and as they build momentum, they become notably disruptive. Free-trade chocolates and conflict-free diamonds can be easily sourced and verified.

The Top 5 Changes That Occur With AI in Logistics

Cerasis

There’s no other way to describe it: Artificial Intelligence (AI) is revolutionizing the world of logistics. In general, the predictive analytics solutions in logistics and supply chain are on the rise. The Top Logistics Trends that Will Impact Logistics Management in 2018?.

7 Incredible Benefits of Cloud-Based Logistics Management

Cerasis

In the below article I propose to have a look at the main benefits and advantages of the cloud-based logistics management. Each industry has its peculiarities, among the others, in the logistics, manufacturing, and supply. These branches also have characteristic trends.

Global Trends In Digital Supply Chain - 2019 Review

Abivin

Autonomous mobile robots The trend of autonomous mobile robots (AMR) are changing the supply chain industry even though it has not been this much widespread in the past. Source ) Furthermore, the AI technology can store data, analyze the patterns and predict future operation scenario.

Logistics Center of Excellence: Delivering Value to Organizations

Talking Logistics

After all, you can’t source, make, move, store, deliver, measure or improve what you can’t see. The Broader Value Proposition of a Logistics Center of Excellence. It extends well beyond visibility to give users integrated global logistics and trade compliance services.

Logistics Cost Reduction: 6 Focuses to Create More Profit

Cerasis

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. According to the CSCMP's "State of Logistics" Report from 2015, logistics costs now make up over 8% of the GDP.

Supply Chain Management Trends 2019

EazyStock

What are the primary supply chain management trends for 2019? In this post we will present recent trends you may not have heard of – yet – but ought to keep an eye on as they develop. Distributed Inventory. Making sure your inventory is healthy is a good start.

The Future of Logistics—20 Trends to Follow in 2017

FLEXE

Companies like Amazon and Inditex , who set new industry standards for innovative logistics in 2016, are a testament to the role supply chain plays in a company’s success. As you begin to prepare for the coming year, FLEXE has identified 20 logistics trends that can be expected in 2017: 1.

Experts Reveal Top Transportation Trends to Watch

Supply Chain Opz

In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air. Are there other transportation trends to watch and why

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Top 10 supply chain trends for 2020

Requis

Here are the supply chain trends that we see shaping the conversation, and the actual evolution, of B to B in 2020. According to CBInsights, investment in supply chain and logistics startups has been rising since 2014, and enjoyed a 70% increase in 2016 vs 2015 alone.

This Week in Logistics News (June 1-5, 2015)

Talking Logistics

I’m on limited time this morning, so let’s go straight to the supply chain and logistics news that caught my attention this week: enVista Launches New Business Entity, Enspire Commerce®.

Global Trends In Digital Supply Chain - 2019 Review

Abivin

Autonomous mobile robots The trend of autonomous mobile robots (AMR) are changing the supply chain industry even though it has not been this much widespread in the past. AMRs operate for warehouse tasks, including inventory replenishment, cycle counting, and item verification.

Why “Distributed Order Management” is a top retail trend and why you should care

The Network Effect

This of course limits inventory visibility as well as the options companies have in fulfilling their items. A modern cloud-based DOM system aggregates orders from multiple order capture channels and provides a single source of information across these channels.

This Week in Logistics News (August 3-7, 2015)

Talking Logistics

This was a relatively quiet week for supply chain and logistics news, which is typical for August, so let’s go straight to it: Macy’s expands same day delivery to 17 cities as it challenges Amazon ( Reuters ). XPO Logistics Announces Second Quarter 2015 Results.

This Week in Logistics News (July 20-24, 2015)

Talking Logistics

There was a lot of supply chain and logistics news this week, so let’s go straight to it. UPS Said to Be in Talks to Buy Coyote Logistics for $1.8 Bloomberg broke the news this week that UPS is reportedly in talks to buy Coyote Logistics for $1.8

6 Supply Chain Trends to Watch in 2019

AB&R

Here are six important supply chain trends we’ll be watching in the new year ahead. As a result, all romaine lettuce was pulled nationwide because agencies had little information on the source of the lettuce. [4]. Another important compliance trend worth noting is barcode verification.