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Inventory Management Strategies of 7 Successful Firms

Unleashed

Here we break down the inventory management strategies of seven successful manufacturers and retailers around the globe. These examples show there isn’t a benchmark inventory management strategy that trumps all others. This allows Amazon to concentrate on other aspects of the transaction, like shipping, returns and processing.

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The Hidden Costs of Ghost Inventory: What You Need to Know

ShipBob

These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. Often, the items accounted for in the asset register do not reconcile with what is in the inventory. What is ghost inventory?

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The Journey to End-to-End (E2E) Supply Chain Visibility Is Ongoing

Logistics Viewpoints

This is the portion of E2E that is most commonly referred to as “real-time transportation visibility”. ” E2E also means being able to see things when they are not in transit, such as raw materials upstream, inventory in a warehouse or yard, products in retail outlets, or shipments stuck in customs.

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The $30 Billion Secret: How Amazon’s Logistics Saves You Time & Money

SCMDOJO

This system uses giant warehouses, lots of trucks, and even cool robots to move things quickly. We’ll look at their warehouses, their delivery tricks, and even how they use new technology to make things faster. billion (net profit) Profit by Region/Country: North America is a major market, followed by Europe and Asia.

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Mars Wrigley’s Highly Successful Supply Chain Digital Transformation

Logistics Viewpoints

In terms of finding a 4PL solution provider, Mars wanted a company that could engage in truck loading and route optimization, and schedule shipments into and out of their warehouses. Mars Wrigley chose Transplace, now UBER Freight, for North America and a partnership with Maersk/E2Open for ocean freight.

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Honey, I Shrunk the Merchandise! How Missing Merchandise Hurts Retailers

BlueYonder

In every role inventory availability and protecting the company’s assets was always critical. In North America, according to an IHL research report sponsored by Blue Yonder , retail loss due to out-of-stocks increased by a huge 17.7% in the first quarter – primarily from inventory shrink. How Can Blue Yonder Help?

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This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. Inventories at U.S.