8 Inventory Costing Methods That You Might Not Know About

EMERGE App

Inventory costing or valuation is an accounting concept that has a direct impact on your gross profit and thus taxable income. Methods of valuing inventory are simply different cost-flow assumptions about how to allocate your cost of goods available for sale. Retail Inventory Method.

S&OP Effectiveness: Recommendations to Make the Leap

Supply Chain Shaman

While many consultants argue on the name–the debate rages with strong arguments of “Should it be Integrated Business Planning (IBP), Sales Inventory and Operations Planning (SIOP), or consensus planning?”–the It is a beautiful fall day in Philadelphia.

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Supply Chain Predictions for 2018: Real-Time, Innovation, Cognitive, Blockchain, Industry-Academic Partnerships, and Taking a Stand!

NC State SCRC

Linton] co-authored The Living Supply Chain , which argues that “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory.

Atlantic Storms: Carriers Stuck at Sea

Elementum

Current Status: Ports at risk: Miami through Charleston. Boats in transit within 50 miles of Miami Port are at risk. Get started on an alternate plan focusing on executing Miami lanes from the Port of Savannah.

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The Digital Supply Chain: Making The Leap With A Ball and Chain

Supply Chain Shaman

Last week, I spoke on the evolution of the digital supply chains and my vision for Supply Chain 2020 at the World Trade Group Event in Miami. The issue is that costs need to be continually balanced with customer service, and inventory programs against a business strategy.

Supply Chain Risk Management: Could You Face a Category 4 Supply Chain Disaster?

Kinaxis

Starting with Miami, this port primarily handles containerized cargo with small amounts of breakbulk, vehicles and industrial equipment. This involved in some cases, diverting some inventory bound for other regions. Up to date inventory status.

Atlantic Storm Watch: Communicating with your Supplier Network

Elementum

Risk areas are import lanes from LATAM to the the US through Miami gateway, and anything destined for Miami through Charleston. Customers should contact their suppliers, in order to understand current available inventory levels and their capacity for additional demand.

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Hurricane Harvey & Irma's Threat on the Product Economy

Elementum

Fuel shortages were already reported in Florida and analysts estimate that the Irma’s cost could hit $125 billion should it make landfall in Miami. Price spikes haven’t been seen yet because companies are still burning through existing inventory.

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. Foot Locker @footlocker Foot Locker makes it easy for customers to shop the way they want to shop by improving inventory visibility.

This Week in Logistics News (September 29 – October 3, 2014)

Talking Logistics

Shipping startup Shyp comes to New York and soon Miami (VentureBeat). Here’s an example from the press release: A fashion retailer can now set a rule to delay offering inventory available for sale online that is selling well at full price in certain stores.

This Week in Logistics News (April 4-8, 2016)

Talking Logistics

The orders are being fulfilled from about 160 Best Buy stores in markets that include Dallas, Houston, Las Vegas, Atlanta, Boston, Chicago, Los Angeles, Miami, Philadelphia, Seattle and Washington.

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Ryder showcases “smart warehouses”

EFT

NYSE: R), has announced smart warehouses in the Miami, Dallas, and Chicago markets. Wearables – When Ryder deployed smart glasses at a customer warehouse to improve picking processes, the time it took to pick and scan inventory decreased by five to seven seconds per item and improved efficiency by 33%. “We Ryder System, Inc.

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Retail Imports Hit a Record High. Again

Material Handling & Logistics

The volume of containers imported through August continues to grow and we expect this to continue through October before a slack period arrives as the holiday season inventory buildup comes to an end,” says Ben Hackett, founder of Hackett Associates. “We

Get Your Supply Chain Back on Track in the Wake of the Hurricanes

Material Handling & Logistics

The ripple effect of these delays will be felt up and down the supply chain, from these port closures delaying shipments in and out of the country, floods leading to lost inventory and general destruction keeping companies closed for days or weeks at a time.

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Want to Help With FEMA Loads? It's Complicated.

DAT Solutions

After the storm has passed, there will be a lot of stores and warehouses that need re-stocking, because inventory was either sold out or ruined by the floods. First there was Harvey, then Irma. Clean-up and emergency relief efforts are still underway in Texas, Florida and surrounding regions.

7 Ways to Boost Warehouse Productivity

EazyStock

He oversees the development and implementation of ASC’s internal and external marketing program, driving revenue and profits from the Miami FL headquarters. One of the best ways to reduce pick times is to employ an ABC classification system for inventory management.

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Global Cargo Monitoring / Cargo Tracking: Networked Supply.

Global Trade Management

The ability to in real time identify the location and status of the sourced goods gives the importer the ability to fine tune its distribution channels, its inventory management and its ability to fulfill commitments to its end users. That was the message of a panel of experts on perishables shipping Wednesday at the AirCargo Americas Conference in Miami. Global Cargo Monitoring / Cargo Tracking. International trade is the engine of global prosperity today.

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Cargo Ship Woes Still Affecting Spot Market Rates

DAT Solutions

The bankruptcy of the world's 7th largest container carrier, Hanjin Shipping , has led to shippers re-adjusting inventories in the past couple of weeks in order to avoid stock-outs as we head into retail season. Most of the major lanes out of Lakeland and Miami paid better.

This Week in Logistics News (May 30 – June 3, 2016)

Talking Logistics

Now, on to this week’s supply chain and logistics news… Wal-Mart says it is 6-9 months from using drones to check warehouse inventory (Reuters). What was your first concert? Mine was UB40 my freshman year at Cornell, followed by Tracy Chapman a few months later.