Why probabilistic forecasting is better for inventory optimization

ToolsGroup

In this post we’ll explore how probabilistic forecasting not only creates better forecasts, but also improves inventory optimization by improving the stock levels at store and warehouse locations in your distribution network.

4 Tips To Cut Costs In A Warehouse

Cerasis

If you’re running a warehouse, this will probably be your main goal, too. Protect Inventory You can’t function as a business without a well-stocked inventory. Warehouses are prime targets for thieves because of the variety of goods they have. Warehouse

Supply Chain Opportunities in China

Supply Chain Movement

Hence the companies Bugaboo and Foss have both faced considerable challenges, as they revealed during the recent ‘Supply Chain Opportunities in China’ seminar in Amsterdam on 24 June 2015. The roundtable discussions during the seminar confirmed that it’s a familiar problem.

China 90

Distribution in China takes a detour

Supply Chain Movement

Hence the companies Bugaboo and Foss have both faced considerable challenges, as they revealed during the recent ‘Supply Chain Opportunities in China’ seminar in Amsterdam on 24 June 2015. The roundtable discussions during the seminar confirmed that it’s a familiar problem.

China 106

This Week in Logistics News (April 16-19, 2018)

Talking Logistics

I am in Minnesota today, at the CSCMP Twin Cities Roundtable Annual ½ Day Seminar , where I am participating in a keynote session with Rick Blasgen (President & CEO of CSCMP) and Steve Raetz (Director Research & Market Intelligence at C.H.

Top Ten Tips to Boost Supply Chain Performance to Best in Class

Logistics Bureau

I’ll also be providing some step by step guides and tools on these at our Free Seminars Series in February and March, but more on that later. Efficient Warehousing. A lot of this can be fixed by simple changes to layout, flow and the equipment being used in the warehouse.

Why Your Supply Chain Isn’t Best in Class

Logistics Bureau

I’m actually going to go into each of these 8 Tips in a lot more detail at our next Free Breakfast Seminar. 4 – Fixing Warehouse Capacity Issues. Here are a couple of videos with one of our warehousing experts Mal Walker where he shares a few useful tips that will help you.

Video 52

Common Supply Chain Mistakes to Avoid

Logistics Bureau

As an example, I was at a client’s warehouse this morning where they operate a Ro-Ro (Roll On-Roll Off) system at the receiving dock. At our seminars I often share case studies demonstrating the impact of not getting this right. The layout of your warehouses.

Top 25 Supply Chains of 2018

Material Handling & Logistics

The rankings are based on a composite score based on the opinions of Gartner’s analysts; a group of peer voters (mostly supply chain practitioners, professionals and experts; in the interests of full disclosure, I myself am part of the peer panel); some metrics, including return on assets, inventory growth and revenue growth; and a corporate social responsibility (CSR) component score.