article thumbnail

The Forecasting Accuracy Bugaboo

Logistics Viewpoints

As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down. This leads to lower inventory carrying costs and thus better case flow. Demand forecasting should be tightly integrated to an inventory optimization application.

article thumbnail

Manhattan Associates Momentum 2023 Conference

Logistics Viewpoints

Manhattan Associates hosted its annual user conference, Manhattan Momentum, in Phoenix, AZ this week. To enhance flow through capabilities, Active Yard Management can leverage the WM API to preallocate in-transit inventory to orders as soon as the trailer checks into the yard.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

When my flight canceled, I was en route to the annual AMR conference in Phoenix. Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Deployment of deeper statistical engines for inventory management with a focus on safety stock will improve inventory levels.

S&OP 195
article thumbnail

Top 10 signs you’ve been working in supply chain too long

Kinaxis

Research firm Gartner even has it listed as a hot topic for its Supply Chain Executive Conference in Phoenix, May 14–17. Top 10 signs you’ve been in supply chain too long: The mission statement at your first inventory management job was, “If they can build it, we can store it.”. There are a couple of reasons for this.

Gartner 190
article thumbnail

Modeling Supply Chains with “Digital Twins”

ToolsGroup

At the recent Gartner Supply Chain Executive Conference in Phoenix, analyst Marc Halpern clarified three key concepts about supply chain digital twins in his presentation “Busting the Myth of Digital Twins to Deliver Value.” You can think of a digital twin as the ultimate ‘what-if’ scenario planner.

Modeling 168
article thumbnail

This map shows every bridge in the United States….and it’s incredible

The Network Effect

This map, prepared by Wonkblog and based on data by the National Bridge Inventory, shows every highway bridge in U.S. The relative lack of development in the West is instantly apparent, and if you look closely, you can make out such landmarks as the Mississippi River, the Appalachian mountains, and major cities like LA, Phoenix, and DC.

article thumbnail

Warehousing News Roundup: March 25, 2019

Stord

For months, shippers had been moving inventory from China to the United States earlier than usual, trying to get ahead of a new round of tariffs scheduled to hit in March. As the company’s inventory footprint grows, it is making changes to many parts of its supply chain to improve margins and provide two-day shipping on online orders by 2021.