Remove Inventory Remove Procurement Remove Transportation Remove United States
article thumbnail

Is Inventory Waste or an Asset?

Supply Chain Shaman

It is Labor Day weekend in the United States, and the plane is full. We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. My Insights.

article thumbnail

The State of the Trucking Market in 2021

GlobalTranz

Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation. Focusing on the?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Supply Chain Basics with Jason Miller

The Logistics of Logistics

Today, MSU is one of the largest universities in the United States and has approximately 634,300 living alumni worldwide. The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. Transportation.

article thumbnail

Logistics and Supply Chain – 1940 to 2040 with Jason Miller

The Logistics of Logistics

Today, MSU is one of the largest universities in the United States and has approximately 634,300 living alumni worldwide. The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service.

article thumbnail

Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Demand forecasting.

article thumbnail

Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Demand forecasting.

article thumbnail

5 Best Logistics Books for Beginners

Supply Chain Opz

In the United States, the median wages for a Logistics Manager is around $90,000 annually. Delivering Customer Value through Procurement and Strategic Sourcing Many people don't know that procurement is a part of integrated logistics. However, there is so much more about modern transportation.