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This Week in Logistics News (October 1 – 7)

Logistics Viewpoints

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

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Demand-Driven Transformation at Shell

Supply Chain Shaman

Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015. Impact of Demand Sensing on Inventory Levels. The reason? The implementation was very successful.

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KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Cost as a percentage of sales (Logistics or Supply Chain). Inventory stock turns in Days. Inventory management. Purchasing and supplier management. Inventory levels. A KPI is a metric… but not just any metric. DIF – Delivery in Full. DOT – Delivery on Time. DIFOT – Delivery In Full on Time.

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