Remove Inventory Remove Network Design Remove Transportation Remove Warehousing
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What’s wrong with Strategic Network Design?

ToolsGroup

The problem with strategic network design is when it accounts for service time but not service level. It optimizes the network, but it doesn’t optimize inventory across the network – a shortcut that can lead to a different network once the inventory is optimized. Here’s why.

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Network Design in supply Chain

20Cube Logistics

Supply chain Network Design can be explained as the strategic planning of the supply chain in order to measure the cost and the time required to bring the goods and services from manufacturers and suppliers to the market. Transportation and logistics. Placement of distribution centres and warehouses. Advantages.

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Supply Chain Software’s Best Return on Investment

Logistics Viewpoints

Per $1 billion in company revenues, no supply chain application has a better return on investment (ROI) than network design! Executives must have the fortitude to make changes in the operating policies and the network infrastructure that may affect the lives of employees. The larger the supply chain, the bigger the payout.

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Until AI Can Solve this One Simple Task, I Wouldn’t Worry About It

Logistics Viewpoints

However, AI’s inability to solve the very limited problem of ensuring that inventory is located in the right place in a warehouse suggests that planners don’t have to worry too much about job security. For fulfillment to be efficient, a warehouse needs the right inventory located in the right slots in a warehouse.

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Will Self-Driving Trucks Affect Your Network Design Strategy?

Softeon

Here are some of the ways that your network design strategy may improve. Transportation Costs Will Come Down. Companies also need less warehousing volume, which is another huge cost savings. Load size will become more efficient as well, reducing the cost of inventory. Lead Time Improves.

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Editor’s Choice: Reducing Lead Times with Real-Time Data

Logistics Viewpoints

Tracking and understanding lead time is very important for setting accurate delivery dates for customer orders, for setting inventory and safety stock levels across the supply chain for finished goods and Work in Progress (WIP) materials. How can you better manage lead time? To read the full article, click HERE.

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Supply Chain Resilience. Really?

Supply Chain Shaman

Expand the “FLOW” program for logistics information sharing to forecast transportation flow. I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience. No technology in the market measures inventory health. Today, this is not the case.