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.

The New Reality of Amazon FBA with Ephraim Ausch

The Logistics of Logistics

The New Reality of Amazon FBA with Ephraim Ausch. Ephraim Ausch and Joe Lynch discuss the new reality of Amazon FBA, also known as Fulfillment by Amazon. Ephraim started his career at a bulk candy company that had retail locations in New York.

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What is Supply Chain Compliance and Why is it Important?

AB&R

Be sure to check out this case study to read how we helped a major healthcare company implement a new UDI labeling process for medical devices. New technology and processes will likely need to be implemented, and what’s more, your staff will need to be on board and fully trained with these new changes. New Hampsire. New Jersey. New Mexico. New York. When you hear the word compliance , what’s the first thing that comes to mind?

This Week in Logistics News (November 11-15, 2013)

Talking Logistics

First, Descartes unveiled new optimization technology at its user conference that “helps retailers and distributors make deliveries the same day an order is taken.” Using real-time GPS-based fleet statuses Descartes’ same-day delivery optimization technology can more accurately predict new delivery times and drive greater delivery efficiencies. . Here are a couple of notable quotes from the article: “Who made up these [new HOS] rules,” he asked, shaking his head.

This Week in Logistics News (October 12-16, 2015)

Talking Logistics

SMC³ Acquires Transportation Costing Group. August 2015 Freight Transportation Services Index (TSI). Moving on to disruptive technologies and services, Uber announced this week that UberRUSH, its same-day/same-hour delivery service, is now open for business in Chicago, New York, and San Francisco. Inventory Management. I was up late last night watching the Mets beat the Dodgers in the National League Divisional Series.

IoT Speeds Over-the-Road Shipment Tracking

Talking Logistics

Amazon’s disruptive effect has put two key strains on supply chain professionals: to ensure inventory availability across a broader network of distribution points, and get product to the consumer in days, if not less. In response to this growing complexity, companies moving goods around the world are embracing digital supply chain solutions, powered by new tracking technologies and data analytics. If you’re a global supply chain executive, you’ve got a challenging job.

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

Talking Logistics

It’ll come to me eventually, but in the meantime, here’s the news that caught my attention this week: Kewill Acquires the IBM® Sterling Transportation Management System (TMS). Menlo Logistics Announces Launch of New Brand and Website. Shipping startup Shyp comes to New York and soon Miami (VentureBeat). We had friends over for dinner last Friday, and the kids ran off to play hide-and-seek after eating.

This Week in Logistics News (May 4-8, 2015)

Talking Logistics

It has 253 employees and is headquartered in New York, NY, with offices in Tel Aviv, Israel; Dublin, Ireland; and Brighton, England. That last point gets to the heart of this solution’s value proposition: getting more timely and accurate visibility to transportation activities. Ever get a song stuck in your head? According to a study published in The Quarterly Journal of Experimental Psychology, the best way to get it out of your head is to…[answer at the end of the post].

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.

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. Manhattan Associates Empowers Warehouse Managers With New E-Commerce Capabilities. Marten Transport Ltd.

Guinea 109

Applause!

Supply Chain Shaman

This post is a commentary to companies that are challenging the traditional Advanced Planning System (APS) paradigms and trying to forge a new path. As a start-up, I understand how hard it is to pave a new road forward. Next week, I will focus on the new forms of business networks that are evolving.). Their work on New Product Profiler (a product to forecast a new product) and on attribute-based planning termed Proportional Profile Planning is very encouraging.

The Last Mile of Delivery: Getting Shorter and Ever More Important

FLEXE

That’s why a lot of eCommerce retailers are looking at new solutions to expand fulfillment networks and improve the last mile of delivery. . The New Last Mile. Same- and next-day are quickly becoming the new normal, which requires a new last mile of delivery and operations to manage it. A recent CBRE report revealed that the new last mile of delivery—the distance between final fulfillment center and front door—is between 6-to-9 miles from the populations they serve.

Reshoring Or Not, What is Manufacturing? 4 Questions to Ponder with Real American Manufacturers

Cerasis

Troy-Bilt : Troy, New York: Manufactured and assembled various sizes of roto-tillers called: “Horse”, “Pony”, etc. Question number three : Inventory on hand, both finished goods and individual parts, and Inventory Records Accuracy. The MPS is exploded and reads the BOM and Inventory on hand to create make (manufactured) and buy (purchased) components needed to fulfill the MPS. For any new purchases a red Traveling Requisition (TR) was used.

This Week in Logistics News (December 8-12, 2014)

Talking Logistics

SAP Fuels New Era of Social Collaboration to Transform Work. SAP Readies a Big Business Marketplace ( New York Times ). October 2014 Freight Transportation Services Index (TSI). Department of Transportation Eliminates $1.7 Amazon to use bike messengers for one-hour delivery in New York City ( Reuters ). For related commentary, see A New Era for Global Trade Management Software?

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.

What to Do Now Before the Panama Canal Expands

CH Robinson Transportfolio

If costs were all that mattered, these shippers would route their products through the expanded Panama Canal to reach Columbus via rail from the New York-New Jersey port. First, more inventory would be in transit at any given time. And second, to avoid running out of in-demand products, the shipper would have to stock more inventory as a buffer for unpredictable demand during those 11 days. The Panama Canal expands in 2016. What will it mean for U.S. logistics?

UPS Executive Shares Insights on Total Cost of Ownership in the Electronics Supply Chain

Supply Chain View from the Field

A native New Yorker, Ken turned down a career in finance and banking for an action-packed and exciting career in the world of global logistics. Particularly on new product introductions, we needed to be very careful on being able to deploy a product roll-out simultaneously across the entire country, in California, New York Chicago, etc. Ken Torok came to my class on Monday evening, and provided a delightful discussion on total cost of ownership.

How The Government Shutdown Effects Logistics

CargoBarn

The New York Times says, “While some essential work, such as mail delivery and law enforcement, is still being performed, the shutdown has affected operations at nine departments, including Homeland Security, Justice, State and Treasury, and several agencies, including the Environmental Protection Agency and NASA.”. The US Department of Transportation has not been funded for 2019 because of the shutdown, which may delay rulemaking around new Hours of Service proposals.

31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

Cerasis

Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. Transportation and freight costs are reduced. Excessive time-to-market delays due to overseas transportation issues are eliminated. Obsolete and excess inventory carriage are more preventable.

This Week in Logistics News (June 22-26, 2015)

Talking Logistics

JDA Announces New Workforce Management Capabilities to Empower Retail Managers to Make Faster, Smarter Decisions. Introducing Ryder TranSync™, a Patent Pending, Automated Technology Tool Used to Provide Dynamic Transportation Planning. Here are some other excerpts from the article: The new agreements mean a larger number of vendors will likely start paying fees, passing some of the retailer’s costs onto suppliers, analysts said.

Top Digital Supply Chain Cities in the U.S.

Material Handling & Logistics

New York City. New York City. Content Summary: New York ranks number 1 among the seven metro areas in the number of Fortune 1000 companies with supply chain leaders located in the metro area; in the number of supply chain and technology programs in a 200-mile radius; in the number of supply chain and technology awards conferred in programs in a 200-mile radius; in transportation infrastructure (e.g.,

Letter from the CEO: Coronavirus Market Update

Transplace

Transplace is closely monitoring the outbreak and the impact the reaction is having on the transportation market. Toward that end, we would like to provide you with four types of updates: 1) what we are seeing in the transportation marketplace, 2) what our customers are experiencing, 3) some best practices we recommend with regard to bidding, and 4) the actions we are taking to protect our employees and community. Letter from the CEO: Coronavirus Market Update.

Amazon Prime Now – The Cost of Expediting the Last Mile

The UCLA Anderson Global Supply Chain Blog

Sortation centers were introduced in 2014 and function primarily as hubs to aggregate outbound shipments, minimize third party transportation costs, and enable shipment on Sundays using the US Postal Service. In Q1 2015 there were reports saying that Amazon had opened Prime Now warehouses in Austin and New York City. Assuming that each of these new Prime Now warehouses has about 350K square feet, then the additional annual operation cost would be $70M (350K * 2 * 100 = $70M).

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supply chain roles are rapidly being transformed into all-new opportunities. Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more. Content Summary: Personal Mover Transports Employees around BMW Plant. Content Summary: New Electronic Vehicle Export Process Debuts at Port Everglades.

How to Stop Disruption in the Supply Chain From the Coronavirus

Veridian Solutions

Although not as sizable as other Chinese cities, Wuhan has more than 11 million people, making it considerably larger than New York City. One of the many reasons that Wuhan is critical to the international supply chain is due to its role in shipping and transportation. As of today, Chinese authorities shut down transportation for more than a dozen cities, effectively putting nearly 60 million people under severe travel restrictions.

China 54

This Week in Logistics News (January 5-9, 2015)

Talking Logistics

Happy New Year! ABF Logistics Acquires Smart Lines Transportation Group. Next week is the National Retail Federation’s Big Show in New York City and you can bet that even the hot dog vendors outside the venue will have “omnichannel” posted on their carts. In a press release after Christmas, UPS announced that by the end of the first full week in January, it anticipates transporting 4 million return packages in the United States.

The Trucking Industry In The COVID-19 Era

Shipchain

In particular, new and emerging technologies, like blockchain, can be beneficial. As per Jennifer Smith at the Wall Street Journal , the trucking industry now faces the daunting task of replenishing these supplies as quickly as possible, all while facing new obstacles caused by COVID-19 including closed truck stops, a lack of sanitizing equipment and protective gear, and increased scrutiny at border crossings.

The Blurring Line Between Retail and Logistics

Elementum

We explore what’s behind this new trend, and what it means for supply chain. Many of the new technologies being introduced into supply chain are particularly relevant to logistics. Artificial intelligence, the Internet of things (IoT), and blockchain technology are being explored as new solutions for automating processes, easing decision-making, and tracking entire transactions. For now, Parcel only covers the New York area.

$1.9 Trillion warehouse market growing strongly driven by emerging markets

EFT

Just-in-time techniques and vendor-managed inventory systems also require warehouse usage; thus, there are no substitutes for warehousing. The union of warehouse management systems with TMS ( transportation management system) and LMS (learning management system) will increase communication and planning for companies with the use of real-time data transmission across various platforms.

Transforming Consumer Value Chains: Navigating The Power Shift to the Shopper

Supply Chain Shaman

Success of New Business Models. This week, many of my friends will gather in New York for NRF. Retail was slow to adopt supply chain processes to drive new business models; and as a result, traditional retail redefinition of supply chain processes got caught in the omni-channel hype while Amazon worked its magic to become a market leader. Retail generic products sold through new channels. It is a necessary capability for eCommerce and new business models.

Why investors are looking at supply chain technologies in 2020

Requis

No one’s saying we’re going to replace them any time soon, so the CFO can continue to get his financial and inventory data, but we can better manage execution decisions in transportation or a planning decision around inventory positioning using AI/ML and real-time data.”.

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.

The Blurring Line Between Retail and Logistics

Elementum

We explore what’s behind this new trend, and what it means for supply chain. Many of the new technologies being introduced into supply chain are particularly relevant to logistics. Artificial intelligence, the Internet of things (IoT), and blockchain technology are being explored as new solutions for automating processes, easing decision-making, and tracking entire transactions. For now, Parcel only covers the New York area.

Supply Chain Complexity and Technology

Enterra Insights

New York Times ‘ columnist Thomas Friedman once stated, “We were promised a simpler life, and technology has only complicated our lives.” AI and ML tools also help to enhance real-time decision-making issues like availability, costs, inventories, carriers, vehicles, and personnel.”[3]. These data feeds enable AI and ML tools to provide greater optimization and responsiveness across the whole of logistics, supply chain, and transportation footprint.”

Redesign to Improve Value: A Case Study of a Supply Chain Leader

Supply Chain Shaman

These tools are now enabling new capabilities to make trade-offs between volume and cost while helping companies to redesign flows and decoupling points. I also think that Quintiq’s leadership in concurrent planning to solve new problems is promising, especially in the design of transportation and inventory flows. In researching the ideas, like moving a business to the point of sale, we discovered that the base numbers of the business revealed new strategies.