Essentially, the team is removing the partitions between network design, sales and operations planning (S&OP), inventory optimization, fulfillment and transportation planning. As a result, the solution is solving inventory, transportation, and fulfillment in one model across strategic, tactical, operational, and executional horizons. Inventory problems solved in isolation have had little adoption. Inventory needs to be part of a deeper, more connected solution. MORE

<p>Since 1985, Minneapolis-based Event Sales has been serving the reverse logistics needs of retailers and manufacturers seeking to dispose of excess merchandise. </p> <p>One key to providing great service is having a distribution and logistics capability that can respond quickly to buying opportunities – no matter where that inventory exists. with the ability to manage their inventory and operations from their Minneapolis headquarters.</p> MORE

And if you speak long enough, you will hear about a supply chain design that delivers growth at twice the rate of competitors while outperforming on cost, inventory turns, and Return on Invested Capital (ROIC). MORE

After a weak holiday performance last year, the Minneapolis-based company embarked on a multibillion-dollar spending plan to improve its stores and digital capabilities. Provide Full Inventory Visibility. According to a UPS white paper on omnichannel retail trends, 35 percent of shoppers said the ability to access inventory across every retail channel was ‘always’ a factor that caused them to make a purchase.” MORE

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required. Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. MORE

There’s one sure-fire way to tell when someone has lived in Minneapolis long enough to be called a Minnesotan. Inventory – Excess material and WIP. The Lean Journey Often Starts with Inventory. For many manufacturers, it makes sense to start by focusing on excess inventory. If you remember the rocks and water analogy from your Lean training, you’ll recall that many manufacturers use excess inventory to cover all matter of issues. MORE

One example is the North Market in North Minneapolis, an Inmar client in one of the country’s largest food deserts. Technology companies could also develop forecasting and inventory management technology and leverage social networks to significantly impact food waste and nutrition. Technology is bringing to life the ability to accomplish feats that would have seemed science fiction when many of us were children — like driverless cars and virtual reality. MORE

About Kevin: Kevin Skau is the Chief Operating Officer of Design Ready Controls , a control panel manufacturer headquartered in Minneapolis, Minnesota – designing and manufacturing control panels for high-volume OEMs in a variety of industries. Design Ready Controls has been using ECi M1 for over 13 years – managing inventory by using min/max replenishment parameters. I then started searching for a solution for digital inventory management and came across EazyStock. MORE

About Kevin: Kevin Skau is the Chief Operating Officer of Design Ready Controls , a control panel manufacturer headquartered in Minneapolis, Minnesota – designing and manufacturing control panels for high-volume OEMs in a variety of industries. Design Ready Controls has been using ECi M1 for over 13 years – managing inventory by using min/max replenishment parameters. I then started searching for a solution for digital inventory management and came across EazyStock. MORE

Target to test next-day delivery service in Minneapolis (Reuters). Could it develop the necessary technology to manage inventory and shipments across many disparate partners and get the warehouses to use it? FLEXE integrates with all major shopping carts, provides inventory control, and enables dynamic order management to ensure the most efficient path from order to delivery. MORE

</p> <p>Watch this 30-minute webinar, “Give Customers What They Want this Holiday Season: How to Optimize Inventory Management for Faster Delivery” to hear from the experts: FLEXE VP of Operations, Megan Evert, and Shippo Director of Business Development, Richard Garcia.</p> Megan also worked on the retailer side of supply chain at Target’s headquarters in Minneapolis.</p> MORE

The importance of inventory management for efficient e-commerce and omni-channel business is a theme we’ve blogged about fairly regularly. In our ‘ Supply Chain Planning in Online Retail ’ e-book you can also read more about how to improve inventory management in your e-commerce operations. The essence of why good inventory management should be at the front of all retailers’ minds. Now from an e-commerce inventory management point of view this situation makes no sense. MORE

They will meet the Philadelphia Eagles, who crushed the Minnesota Vikings 38-7 in the NFC title game, a week from Sunday in Minneapolis, MN. Supply Chain News This Week in News Inventory Management logistics supply chain TransportationIn yet another impressive comeback, the New England Patriots topped the Jacksonville Jaguars 24-20 in the AFC title game to move on to their 10th Super Bowl, and 8th in the Belichick – Brady era. MORE