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Time to turn around inventory falls by two days says new report

EFT

Customer demands for faster and faster service are having an effect across the supply chain finds eyefortransport’s new D3 2019 report. The median time for retailers to move returns back to inventory ready for resale has fallen from 2017 to 2018, from a median of seven days down to five days. Increasingly retailers and manufacturers are looking at building distribution capabilities into more and more facilities and the sharing of inventory and fulfilment engines.

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

Talking Logistics

Back in December, we welcomed two new members to our family: Milo and Otis, guinea pig brothers we adopted. Our first guinea pig, Bubbles, had passed away a few weeks earlier (after bringing us much joy and laughs for over four years), so we were very excited to bring Milo and Otis home and begin a new chapter of memories. MercuryGate Launches Global, Omni-modal Freight Procurement Solution. Manhattan Associates Empowers Warehouse Managers With New E-Commerce Capabilities.

Guinea 109

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Podcast: VC Brian Aoaeh on the Future of Supply Chain Investment

Requis

Venture capital (VC) investor, columnist and educator Brian Aoaeh is part of the new generation of investors who are unlocking the opportunities in supply chain. Brian describes himself as “obsessively enthusiastic” about supply chain, and has helped many supply chain professionals connect and find synergies as the co-founder and organizer of the New York Supply Chain Meet Up and the Worldwide Supply Chain Federation.

Learning to Speak the Language of Demand

Supply Chain Shaman

New shoes feel awkward. Learning to speak a new language is similar. Companies are stuck at the intersection of inventory turns and operating margin. The first step to making the shift is learning a new language. New forms of analytics make new capabilities possible. While we need forecasting and we need to improve the processes, we also need to teach teams how to use new forms of demand data and adopt demand processes. New Terms to Know.

$1.9 Trillion warehouse market growing strongly driven by emerging markets

EFT

The global market for warehousing is currently growing at a Compound Annual Growth Rate (CAGR) of 6 – 8%, according to Beroe Inc, a procurement intelligence firm. Just-in-time techniques and vendor-managed inventory systems also require warehouse usage; thus, there are no substitutes for warehousing. The increasing service levels such as e-commerce and same-day delivery are influencing retailers to invest further in the warehouse industry.

Why investors are looking at supply chain technologies in 2020

Requis

Insiders joke (quite fairly, as it turns out) about billion-dollar procurement-management-disposition cycles that are managed in spreadsheets. In the procurement space, what I want to be able to assess is risk management.

Mitigating the Impact of the Coronavirus on Supply Chains with Machine Learning and Real-Time Visibility

Supply Chain Nation

A New York Times article from August 2019 highlights how much artificial intelligence (AI) is indebted to humans. Because the virus is so new and there is very little historical data, Blue Yonder’s data science team is very busy feeding data into the AI-driven control tower to help visualize and predict current and future impacts of the coronavirus. That is because lots and lots of people are needed to help an AI system learn so that it can eventually act on its own.

Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

Almost 75 percent of US companies are experiencing capacity shortfalls in their supply chains, due to Coronavirus-linked transport disruptions , a new study has shown. Those that look for new marketing opportunities despite the brittle trading conditions. The US auto industry is expected to follow suit as stockpiled inventory becomes depleted.

Experts Choice Of Top Online Logistics Resources

Freightos

Transport Intelligence, the well-respected U.K. Transport Topics. With over 60,000 monthly viewers, Transport Topics is a prime destination for freight buffs, especially those who specialize in trucking. 150 years of Lloyd’s helps back this new website, which includes frequently updated information on freight and shipping information. American Journal of Transportation. Air Transport World. Nieuwsblad Transport (Transport Newspaper).

Supply Chain Alone Can’t Solve Sustainability But it Has a Part to Play!

Supply Chain Game Changer

climate summit convened in New York. It saw leaders from around the world pledging new initiatives to address the ongoing climate crisis, including a $60 Billion renewable energy commitment from Germany, and 15 countries including Britain, Norway and Costa Rica pledging to achieve net-zero emissions by 2050. It’s also poised to deliver those changes in a way that will provide value to business, instead of becoming a new cost centre. Subscribe Here! Email Address.

Warehousing, the Rise of IT, Automation, and Now… Robotics

Logistics Bureau

Affected by changes in production, procurement and distribution methods, warehousing has continually been pushed and pulled in different directions. Furthermore, by making the warehouse a retail centre in its own right, warehouses are getting a new lease of life as end-customer distribution outlets, whether or not just-in-time methods are being used. Less passenger traffic and reduced congestion means flexibility for TNT in scheduling onward transport, whether by air or road.

Seasoned Leadership in Action™! An Interview with Michael Massetti, VP at Gartner!

Supply Chain Game Changer

I was born in New York City and grew up on Long Island. We achieved recognition both internally and externally for our sourcing and procurement accomplishments in the spend management area. The team reduced finished-goods inventory by 50% and reduced the assembly and test line production variances by 50% in 9 months. My new iPhone X is over 1000X more powerful with 256GB in it! Subscribe Here! Email Address.

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

6 River Systems

With how quickly new technology, tips and warehouse management techniques are emerging, wouldn’t it be nice to take a page from someone else’s book? 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. The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S. The world of supply chain and logistics is changing every day.

Supply Chain Management:Indicators from the 2012 Holiday Buying.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. On the one hand, Wal-Mart was able to mitigate the availability of certain excess inventory through real-time promotions on Facebook. On the supply chain fulfillment side, new initiatives, realities, and dealing with the effects of supply disruption have retail supply chain teams rather busy during this final month. Procurement Blog. About Us.