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Inventory Management: We Can Do Better

Supply Chain Shaman

Each day through the COVID-19 pandemic, I tune into Anthony Cuomo’s (governor of New York) daily briefings. Downsizing inventories over the past decade crippled the response.” The source of this data is a syndicated data provider of public reporting termed “Y-Charts.”). It is my break in the day.

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Baltimore Bridge Collapse: An Opportunity to Reinforce the Importance of Supply Chain Resilience

Logistics Viewpoints

The neighboring port in Norfolk Virginia and other east coast ports like New York City can absorb the additional traffic without many complications or delays, but this incident provides an opportunity to discuss the importance of supply chain resilience.

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Supply Chain Shortages Hit the Customer Where it Hurts

Logistics Viewpoints

According to the Federal Reserve Bank of New York , nearly three years after Covid-19 was declared a pandemic, supply chains are back to normal. The February reading in the New York Fed’s Global Supply Chain Pressure Index was -0.26, reaching negative territory for the first time since August 2019. in December 2021.

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This Week in Logistics News (May 21 – 27)

Logistics Viewpoints

The joint press release points out the technology’s ability to build palletized loads of department-sorted inventory and its strategic role in supporting Walmart’s goal of modernizing its vast supply chain network and allowing the company to transform its regional distribution centers to provide faster responsiveness to store orders.

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Automating Procurement and Supplier Relations to Alleviate ESG Concerns

QAD

Detained withhold release order (WRO) shipments move to a bonded facility: After a WRO is administered, importers can move inventory to a bonded facility until admissibility determination by CBP. The needed connectivity between manufacturers and suppliers means relying on increased digitized processes and solutions.

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2022 Forecast: Supply Chains Become Critical Infrastructure

ToolsGroup

All this led to global supply chain disruptions and inventory build-ups, wrong inventory mixes, and supply chain shortages in 2022. You can read more about it in the FT , CNBC , and many other sources or listen to Goldman Sachs’ podcast. Image source: New York Times. Get your Free Playbook ?

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Stack It High and Watch It Fly: Is Vertical Inventory Storage Always the Answer?

6 River Systems

And this made sense when warehouses were truly pass-through for inventory. It used to be that you would source, manufacture, store, send to a store and then the consumer would access that inventory. Inventory now has to be much more nimble and therefore supply chain nodes can no longer resemble their static nature of old.