Design, Operating and Situational Inventory Trade-Offs

ToolsGroup

Gartner analyst Paul Lord has developed a framework to better understand inventory trade-offs by categorizing those decisions according to the objectives they are meant to achieve: structural, operational and situational. or “How can we reduce inventory and improve our balance sheet?”.

6 Strategies to Manage Amazon’s PII Changes

Unleashed

Before Amazon’s decision, a business using Fulfilled by Merchant (FBM) would automatically receive all order details into its inventory system. Even customers who buy directly from you, or your bricks and mortar resellers, are influenced by reviews they can find online from sources like Amazon. Business Tips Other Amazon good products multichannel North America UKAmazon has announced that it will no longer send customer details to merchants via API.

6 Strategies to Manage Amazon’s PII Changes

Unleashed

Before Amazon’s decision, a business using Fulfilled by Merchant (FBM) would automatically receive all order details into its inventory system. Even customers who buy directly from you, or your bricks and mortar resellers, are influenced by reviews they can find online from sources like Amazon. Business Tips Other Amazon good products multichannel North America UKAmazon has announced that it will no longer send customer details to merchants via API.

Will the New Tax Bill Bring Overseas Profits Back Home?

Supply Chain Brain

Where in the past they might have focused primarily on days payable outstanding (DPO) as a financial metric, they’re now giving equal attention to days sales outstanding (DSO) and inventory levels. Sourcing/Procurement/SRM SC Planning & Optimization EDI Communication (XML/EDI) Home Page Latest News Home Page Slider Editors' Blog All Technology North America

Lolli & Pops Implements RELEX’s Supply Chain Planning Solution to Sweeten Their Inventory Planning

RELEX Solutions

The centralized planning team was challenged to accurately plan inventory for new stores and for slow-moving items to adhere to high vendor minimums. Without a distribution center, all inventory ships directly from vendors to stores which further complicates the vendor ordering process.

Supply Chain Planning BPO: What’s Driving It and Should You Get On Board?

ToolsGroup

Now Gartner reports that SCP BPO is gaining traction ( Market Guide for Supply Chain Planning BPO or BPaaS, 29 July 2019 ), particularly in North America and Europe. You know that great feeling you get when you have an expert getting the job done?

Why Financial Reengineering Does Not Equal Supply Chain Improvement

Supply Chain Shaman

Financial reengineering focuses on the optimization of short-term results that are usually based on a functional analysis of source, make, or deliver. Few consultants understand the interrelationships between source, make and deliver.

Demand-Driven Transformation at Shell

Supply Chain Shaman

Shell’s current shift to the global supply chain is impacting North America, Latin America, Europe, Middle East, Asia, Russia, and China. They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015.

Supply Chain Planning BPO: What’s Driving It and Should You Get On Board?

ToolsGroup

Now Gartner reports that SCP BPO is gaining traction ( Market Guide for Supply Chain Planning BPO or BPaaS, 29 July 2019 ), particularly in North America and Europe. You know that great feeling you get when you have an expert getting the job done?

Things Have Changed: What Do We Do NOW?

Supply Chain Shaman

The work done by Terra Technology, in my opinion, is one of two accurate sources of benchmark data on forecasting in the industry. The average MAPE for North America was 36% while the European average MAPE was 45%.

Building the Network of Networks

Supply Chain Shaman

There is an active group in Europe and North America. 90% of companies are unable to drive improvement at the intersection of inventory management, operating margin and customer service.). July 16th in North America (current thinking is Charlotte or Chicago.

Still Managing Exceptions Manually? How a TMS Can Help

Talking Logistics

This visibility has traditionally been very complicated because it must encompass an order from start to finish; it requires the TMS to read and translate all of the different types of data relevant to that order: The different data sources (like ERPs, portals, EDI, etc.);

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Supply Chain Innovation: How to Build an Award-Winning Supply Chain

ToolsGroup

Source: Supply Chain Digest. Last month, Lennox Residential was runner-up in the 2015 Council of Supply Chain Management Professionals (CSCMP) Supply Chain Innovation competition, arguably the top supply chain award in North America. Source: Lennox.

ToolsGroup Named a Leader in IDC MarketScape Worldwide Demand Planning Market Report

ToolsGroup

Its powerful service-driven demand modeling, inventory optimization, and replenishment planning/master planning help manufacturers, distributors, and retailers achieve high customer service levels/in-stock fill rates while minimizing inventory. Source: [link]. PRESS RELEASE.

Florence Et Al.

Supply Chain Shaman

North Carolina, South Carolina, Virginia and Georgia sit squarely in the storm’s path. To prepare, stratify your suppliers into strategic, single source and high volume flows. Attempt to find alternate sources from geographical areas that are not projected in the path of Florence.

Managing Warehouse Management Systems (WMS) For Future Growth

IQMS

A recent survey completed by IQMS of 151 North American manufacturers found that the fastest growing manufacturers can orchestrate analytics, Business Intelligence (BI), mobile and real-time monitoring to grow 10% faster than their peers.

Innovating Spare Parts Logistics

Logistics Trends and Insights

Typically an expensive part of the supply chain, the management is often based on ‘just-in-time’ deliveries in order to keep inventory levels low. Since there are no minimum order quantity requirements, Volvo can maintain lower inventory levels in its warehouses.

Amazon's Whole Foods Takeover: One Year Later

Elementum

Since 1980 the company has grown from 19 employees in its small Austin location to almost 500 sites across North America and the UK. Shortly after the acquisition, stories started circulating about stockouts and inventory issues.

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Industry 4.0’s Potential Needs To Be Proven On The Shop Floor

IQMS

Source: Industry 4.0: Source: Industry 4.0: Source: Industry 4.0: Lower mid-market manufacturers say reducing inventory turnover is their biggest priority. Source: Industry 4.0: Source: Industry 4.0: Source: Industry 4.0:

Do You Have a Proactive Supply Chain Design or a Reactive One?

Talking Logistics

Thankfully, digitization of inventory and technology like real-time shipment tracking from 3PLs are taking the pinch out of switching for these companies. While civil unrest could slow down production or shipments in a foreign country, natural disasters can accomplish just as much shipping disruption in North America. Inventory age optimization, which pinpoints the risks of products aging out, perishing, or becoming otherwise unsalable through stagnation.

Real-Time Monitoring Fuels IoT Growth In Manufacturing

IQMS

72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient. Source: Capgemini Internet of Things (IoT) study, Unlocking the business value of IoT in operations.

Innovating spare parts logistics with 3D printing

EFT

Typically an expensive part of the supply chain, the management is often based on ‘just-in-time’ deliveries in order to keep inventory levels low. Since there are no minimum order quantity requirements, Volvo can maintain lower inventory levels in its warehouses.

Amazon Prime Now – The Cost of Expediting the Last Mile

The UCLA Anderson Global Supply Chain Blog

In fact, its operating cost per square foot of warehouse space has remained almost flat at $100 during the last 7 years in which the warehouse area in North America increased from roughly 9 million square feet in December 2007 to 60 million in December 2014.

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Rethink your Business Strategy by Rethinking Your Supply Chain

CH Robinson Transportfolio

When I talk to worldwide businesses in Asia, Oceania, North America, or anywhere else, their chief concern is always the same: how do we meet our customers where they are to get them the products and services they want, all while keeping our own business strategy central?

This Week in Logistics News (July 15-19, 2013)

Talking Logistics

XPO Logistics to Acquire 3PD, the Largest Provider of Heavy Goods, Last-Mile Logistics in North America. Source data is a combination of reference and benchmark data from third parties as well as econometric models and formulas.

Logistics Trends Part 2

BluJay Solutions

Restructuring production schedules has been part of this, as well as encouraging consumers to pre-order, removing much of the risk of holding too much inventory. Not only are intra-Asian movements much cheaper than those to either Europe or North America but also the global forwarders have far less strength in this segment than they do in Asia-Europe or Asia-US trades. First Trend: Yield Dilution.

Reflections on Hard Hats and Safety Shoes…

Supply Chain Shaman

As I work with teams to envision the new tomorrow, I find fewer people know the basic concepts of manufacturing planning–cycle inventories, freeze duration, slush period, bottlenecks and constraints. And, the service supply chain can be redesigned to have less inventory and more uptime. The time to service the equipment would be in hours versus days and the amount of inventory to provide the service would be greatly reduced.

What Is The Mission?

Supply Chain Shaman

Overall results in business performance on the critical supply chain metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) are declining. Let’s start with a discussion on inventory. In Table 1, we share the comparison of inventory levels by the industry peer groups pre and post-recession. Despite the investment in technology and whiz-bang approaches, inventory levels today are significantly higher than the pre-recession period.

Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

Cerasis

The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Transportation strategy and tactics must support Lean inventory strategies.

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Breaking Down Perception Barriers to Women in Leadership

JDA software

Regenia leads the Americas Supply Chain practice for the industrial products sector. Currently, I am the practice leader for the supply chain planning practice and the supply chain lead for Advanced Manufacturing in North America at EY.

Top 10 Supply Chain Innovations of 2018

Material Handling & Logistics

Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers.

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This Week in Logistics News (September 14-18, 2015)

Talking Logistics

The addition of M33 Integrated complements Transplace’s current geographical footprint and deepens our middle market penetration, as well as expands on the company’s vision to deliver outstanding value to all North American shippers.”.

E-Commerce Takes Off in Developing Countries

Elementum

We examine the benefits and obstacles to e-commerce in Southeast Asia, South America, and Africa. Sourcing from multiple countries can present a headache. Domestic and overseas sourcing are two of the options that each potential e-commerce business need to choose from.

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

Talking Logistics

We are supporting mobile connectivity for our clients and their carrier partners, allowing updates to come directly from the source that is performing the activities and removing several layers that are present today in EDI or manual processes ”. Ever get a song stuck in your head?

Spotlight on PROMAT 2019: USA trends in DC Equipment and Digital Consciousness

Logistics Bureau

Promat is North America’s largest materials handling equipment and systems exhibition, featuring over 950 exhibitors and 150 educational seminars. Inventory and network optimisation is forecast to reach 75% adoption over the next two years, and 90% over the next five years.

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26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

Cut inventory costs Be it a brick and mortar store or an online business, inventory is always present and it costs money. To avoid skyrocketing inventory expenditure, you need to keep accurate inventory count. How much inventory should we carry and where?