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Is Inventory Waste or an Asset?

Supply Chain Shaman

I am sitt ing in seat 4E on an evening flight to San Francisco thinking about my day. We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage.

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2023 holiday report: data-driven strategies to make the buyer’s nice list

crisp

We’re providing insight on the retail trends surrounding the 2023 holiday season, and how businesses can leverage data-driven strategies to meet them head-on. Herein lies the value of platforms like Crisp, which provides seamless access to real-time sales and inventory data.

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Four Ways of Using Cluster Analysis in Retail Management to Improve Sales

Logistics Viewpoints

ABC Analysis for Inventory Planning : Clustering products that behave similarly highlights issues, challenges, and opportunities for serving customers better. Another way is to cluster stores by looking at a specific category’s inventory productivity or sales performance. These metrics can also be used in inventory planning decisions.

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The Backorder, March 27 2024

Unleashed

Over 1/3 of manufacturers struggling with data. A recent Hexagon report found that although manufacturers are increasingly data-focused, many are facing challenges with decision-making. In terms of business strategies, we’ve maintained a strong DIY ethic which involves making all our candles by hand.

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Supply Chain Disruptions Directly Attributed to a Portion of US Inflation

Supply Chain Matters

In this Supply Chain Matters posting, we highlight a published analysis from the Federal Reserve Bank of San Francisco quantifying the effects of supply chain disruptions have had on the existing U.S. This analysis concludes that supply driven factors such as manufacturing or logistics disruptions are contributing 2.5

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Is the Package Under your Tree?

Supply Chain Shaman

In 2014, ecommerce strategies grew in importance. At that time, manufacturers talked about customer-centric supply chains, but were afraid to aggressively adopt ecommerce strategies. Manufacturers, today, are aggressively pursuing e-commerce strategies. Get Good at Having a Real-time Perpetual Inventory Signal.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Now all retailers are re-assessing their sourcing strategies and looking for local alternatives to reduce risks, lead times and carbon footprint. Recessionary environments cause disruptions in the manufacturing industry around the globe, leading to long lead times, shortages, rising prices, and complications in transportation lines.