Remove Inventory Remove North America Remove Shipping Remove Supply Chain Performance
article thumbnail

Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. And companies at every stage of the supply chain have inflated their prices as demand exceeds supply.

article thumbnail

Winning strategies to defeat supply chain planning complexity

DELMIA Quintiq

The West Coast port congestion in North America proved to be a game changer for businesses, with preparation being the winning factor. How do you avoid spending additional millions to cover extra inventory costs and shipping delays? Optimizing inventory in S&OP. Optimizing inventory in S&OP.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Financial Reengineering Does Not Equal Supply Chain Improvement

Supply Chain Shaman

The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics. The cash-to-cash definition is: Cash-to-cash= Days of Receivables+ Days of Inventory-Days of Payables.

article thumbnail

Managing Warehouse Management Systems (WMS) For Future Growth

IQMS

Digitally enabling a warehouse increases order fulfillment accuracy, speed, and scale while eliminating shipping and receiving handling errors. Relying on a WMS, analytics, BI, mobile and real-time monitoring is decreasing costs associated with under-utilized inventories faster than expected while improving inventory visibility.

article thumbnail

The Benefits of IoT And Real Time Actionable Data

Gravity Supply Chain

It is an essential prerequisite that for a supply chain to operate effectively, complete visibility, traceability, and accountability must be in place. This research confirms that this is regardless of the fact such technology could have a broad and profound impact on the supply chain. end-to-end supply chain performance.

article thumbnail

President Andrew Lynch On What We Must Do To Create Nationally Secure And Resilient Supply Chains

Zipline Logistics

Andrew Lynch is President and Co-Founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods. He works alongside clients ranging from some of the largest food and beverage businesses in the world to the brightest up-and-coming CPG brands in North America.

article thumbnail

Seasoned Leadership in Action™ – An Interview with Derek Panchyshyn!

Supply Chain Game Changer

I was in the Supply Chain organization and Derek Panchyshyn was the Executive in charge of the EMC Account. Our interactions spanned the full range of Customer-Supply Chain activities: materials costing, planning, materials availability, inventory, delivery performance, and logistics.