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Better Inventory Management Requires International Suppliers To Step Up to Digital Transformation and Collaboration

Logistics Viewpoints

While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management?

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Robots Take Center Stage at MODEX 2024

Logistics Viewpoints

MODEX is the leading trade show for supply chain, logistics, and material handling solutions in North America. The robots can perform various tasks, such as transporting goods, picking orders, sorting items, and replenishing inventory.

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Yards Are Hard

Logistics Viewpoints

So, the parking spots are getting more and more occupied with drop trailers, meaning lot capacity shrinks while finding the trailer with the highest-priority inventory becomes even harder. Problem number three: appointment scheduling is a mess. For various reasons, many drivers show up unexpectedly and at the same time.

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Ferguson’s Commitment to Supply Chain Excellence Drives Customer Satisfaction

Logistics Viewpoints

The company sources goods from 36,000 suppliers out of 30 nations. The goods flow through 3 import centers, 14 strategically located distribution centers in North America, 106 final-mile shipping hubs, and nearly 1,700 branch locations. That software is really the secret sauce of AutoStore. Across the US, Ferguson has 6.5

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An Intelligent Alternative to WMS: Gaining Real-Time Inventory Visibility Without the Complexity

RFgen

Inventory management is no exception. Today’s digital supply chain makes manual inventory control obsolete. When first implementing digital inventory technology, many organizations consider a warehouse management system (WMS). Ensure proper ordering, inventory planning, and process scalability.

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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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This Week in Logistics News (May 13 – 19)

Logistics Viewpoints

That assessment comes as a result of 10 months of subdued demand, inventory de-stocking, and high interest rates, the New Jersey-based company said in its “The GEP Global Supply Chain Volatility Index.” The logistics provider has already deployed 3,000 AMRs globally with over 2,000 in North America.