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Inventory Everywhere, But Not the Right Product to Ship

Supply Chain Shaman

Bloated inventories. Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. Changes in Inventory Year-end inventory values by industry from Y Charts. Retrospective Why do we have issues managing inventory today? The story continues. Rising inflation. Next steps? Measurement.

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Omnichannel Retailers Leverage Optimization for Order-Promising

Logistics Viewpoints

Historically, omnichannel software solutions were not capable of optimization. They can also order online and have goods shipped to their home. Historically, an OOM has access to all the company’s inventory. The system allocated which orders would get inventory from a given location to fulfill an order. That is changing.

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Supply Chain Resilience. Really?

Supply Chain Shaman

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Background The Council of Supply Chain Resilience met for the first time this month. What is supply chain resilience? The reason?

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Better Ways to Address Trade-Offs with Supply Chain Optimization

Logistics Viewpoints

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%. The myth of the “perfect plan”.

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Supply Chain Optimization for Consumer Packaged Goods Inventory

Logility

Managing consumer packaged goods inventory is challenging at the best of times, and it can be debilitating during times of local or international disruption. An advanced inventory planning and optimization solution allows these companies to set and maintain precise stock targets across a global network.

Modeling 130
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Ferguson’s Commitment to Supply Chain Excellence Drives Customer Satisfaction

Logistics Viewpoints

Michael Jacobs, Senior Vice President of Supply Chain at Ferguson PLC In 2022, I wrote an article called The Best Supply Chain Company You Have Never Heard Of. Ferguson has an extensive and complex supply chain. The article was about Ferguson PLC, a value-added distributor of plumbing and heating products.

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Boosting Efficiency: Top 5 Inventory Optimization Strategies

SCMDOJO

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable.