Toyota and USPS See Opportunities for Blockchain Technology in Supply Chain Management

Talking Logistics

Imagine a bitcoin being a unit of inventory and a digital wallet (“bitcoin address”) being an inventory-keeping location, such as a store, distribution center, or truck trailer. Source: “Blockchain Technology: Possibilities for the U.S.

The Inventory Accuracy “Confidence Gap”

Talking Logistics

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance. And it begins with improving their inventory accuracy.

Omni-Channel Logistics Leaders: The Importance of Real-Time Inventory Visibility

Talking Logistics

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance.

Five Tips on Sourcing Products From China


Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. A sourcing agency will typically do one of the following roles: A.

Supply Chain: The True Game of Risk

Supply Chain Shaman

When I was a small child growing up in the mountains of West Virginia in the United States, on snowy days, my family would gather around the kitchen table and play board games. Focus on Multi-Tier Inventory Management.

Maurice Sporting Goods Selects Herlitz Inventory Management’s HIMPACT for Daily Forecasting and Analytics, Resulting in Improved Customer Service Level Performance

Herlitz Inventory Management

Since implementing HIMPACT, Maurice Sporting Goods is fully equipped to improve customer service levels, lower inventory, and increase profits. Herlitz Inventory Management delivered a rich, market focused, customized solution that optimizes customer service levels and will increase profits.

The Freight Costs of Trump’s China Tariffs


This past year has been a taxing one for companies that import from China to the United States. Source: China Briefing. Source: US Census Bureau. All importers are now living with uncertainty and many are preparing by increasing inventory State-side.

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Supply Chain Shaman - Untitled Article

Supply Chain Shaman

It is a privately-held textile company that successfully navigated the global sourcing/labor arbitrage mania of the last decade and managed to maintain a significant presence in the United States. For him this meant growing top-line revenue with less supply chain inventory. The Company has three business units – Custom Fabrics, Technical Fabrics and Trivantage. In China, the roll out was for a weaving factory and out sourced yarn manufacturing.

Walmart: 3 Keys to Successful Supply Chain Management any Business Can Follow


Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 ” Walmart states early on. Sources: “Annual Financials for Wal-Mart Stores Inc.”

8-Step Importing Guide For First Timers


This should serve as a general framework to source products from different countries according to their strengths. And, if you’re importing goods into the United States , the U.S. We’ve got a great guide on sourcing products from China , for example.

[INFOGRAPHIC] Effective Supply Chain Management In Manufacturing Key to Revival of Industry in U.S.


Supply chain management in manufacturing is by no means a simple process, but the United States is learning from past mistakes and they're poised to start playing a little catch-up in the manufacturing world due to their expertise.

8-Step Importing Guide For First Timers


This should serve as a general framework to source products from different countries according to their strengths. And, if you’re importing goods into the United States , the U.S. We’ve got a great guide on sourcing products from China , for example.

What Value Are You Getting From Planning?

Supply Chain Shaman

ou Feasibility (noun) : The state or degree of being easily or conveniently done. If the carrier does not accept the freight, the manufacturer loses time in moving the freight and is often forced to go to the open market to source freight. Inventory levels?

Nearshoring & Reshoring Will Continue to Increase Thanks to these Main Benefits


It was cheaper than producing products in the US, manufacturers could produce large inventories with little capital up front, and consumers did not really have a public voice. manufacturers' decisions to reassess where they are producing or sourcing.

Top 6 Wholesale Distribution Trends for 2019


Unfortunately, much of the changes are factors caused by the escalating trade wars between the two largest nations in the world: the United States and China. At the same time, the United States grew further in size as the world’s largest contiguous market.

Supply Chain Risk Management: Could You Face a Category 4 Supply Chain Disaster?


states, obvious disruptions to supply chains and supply chain risk management were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. Up to date inventory status.

Tariffs and 5 Areas Retailers Need to Focus on Now

Supply Chain Nation

For decades, from hardware to electronics, textiles, food, household goods, and general merchandise; retailers have been offering lower prices on goods sourced overseas. Though there has been some change in recent years, most imported goods to the United States originate in China.

3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance


Inventory measurement is critical and it is money after all in that it took a capital expense to procure. The goal is to keep inventory levels at a minimum to meet customer needs. Review Inventory turns and Return on Assets.

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. World-Class Warehousing and Material Handling Warehouse management and inventory control is the center point of integrated logistics management that tries to balance supply and demand.

Reshoring Or Not, What is Manufacturing? 4 Questions to Ponder with Real American Manufacturers


But regardless of whether reshoring is increasing or not, we are still seeing world class manufacturing companies reshore their operations back to the United States. Question number three : Inventory on hand, both finished goods and individual parts, and Inventory Records Accuracy.

Impact of Macro Trends on Supply Chains: Diversification of Sales Channels

Supply Chain @ MIT

Will the splintering of sales channels redefine supply chains in the United States? At the 2013 MIT Center for Transportation & Logistics Annual Crossroads conference*, UPS’s Randy Strang described this evolution from single-channel (traditional brick & mortar) to multi-channel (siloed operations) to cross-channel (where some integration of inventory occurs) and finally to omni-channel (where the consumer experience is a blend of all channels). Hard sell.

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Small is the new big: Millennials & the future of retail


By 2020…[Millenial shoppers’] spending in the United States will grow to $1.4 trillion annually and represent 30 percent of total retail sales” ( source ). Many stores now allow customers to view in-store inventory online, and in-store pickup of online purchases.

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Preparing the Supply Chain for the Hurricane Season

Enterra Insights

this season, an above-average year is anticipated for East Asia that could affect production of consumer electronics sourced from China and Taiwan and more advanced technology products from Japan and nearby regions.”[1] ”[2] Analysts from Source One suggest companies prepare disaster management plans that account for both short- and long-term consequences of a natural disaster.[3]. Organizations are often counseled to prepare for the unexpected.

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Top Supply Chain Articles of 2015


The new year will then bring series on trends and on the state of some of the business functions and technology used in proper transportation and logistics management. The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI. When I was Materials Manager at Maricopa County, Arizona, the second largest county in the country, I introduced Vendor Managed Inventory. There was a signed contract with agreed upon inventory levels.

Spotlight on Ocean Shipping in The Transpacific Eastbound Lane

CH Robinson Transportfolio

This year, the United States proposed and implemented tariffs on goods coming from China: List 1 tariffs on $34 billion of products went into effect on July 6. And some materials can only be sourced from China.

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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. When they asked about the current state of service-parts planning software, I asked, “Why are you not asking about the redesign of the service supply chain?” And, the service supply chain can be redesigned to have less inventory and more uptime.

The game-changing solution to solve your biggest S&OP challenges


It allows flexible, end-to-end modeling of your supply chain including production, sourcing and transportation. They also experience lower safety stock and inventory levels.

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What is the Best E-Commerce Order Fulfillment Service for You? Amazon FBA or 3PL?

Supply Chain Game Changer

Retail e-commerce sales in the United States are projected to grow at a fast pace in the coming years, going from 322.17 With Multi-Channel Fulfillment , you can fulfill orders from other sales channels using your inventory stored in Amazon order fulfillment centers.

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The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs


Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. Freight transportation costs in the United States amount to about 6% of the GDP, which means that a large portion of a company’s supply chain costs come from transportation. Failure to monitor raw material prices can also result in above average costs across multiple sources.

Is Apple Supply Chain Really the No. 1? A Case Study

Supply Chain Opz

Apple Inc purchases raw materials from various sources then get them shipped to an assembling plant in China. Inventories can become obsolete or exceed the anticipated demand. Some components are currently obtained from the single or limited sources. Inventory Turnover.

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

Talking Logistics

According to the press release: Borderfree provides cross-border ecommerce solutions through a proprietary technology and services platform that enables retailers in the United States and United Kingdom to transact with consumers around the world.

El Niño May Have Your Supply Chain Partying Like It’s 1997


As a result, some shipments moving from Asia to the Gulf Coast and eastern ports of the United States will be forced to reduce cargo loads to meet the new requirements. Assess Inventory Positions.

An Interview with Reshoring Initiative’s Harry Moser

CH Robinson Transportfolio

Recently, I was afforded the opportunity to discuss the Reshoring Initiative with Moser in an effort to find out how it might help some of our customers and prospects understand their total cost of ownership when considering where they source and produce their goods.

Alternatives to Blockchain in Supply Chain

Logichain Solutions

Big players in the food industry, like Nestlé, Unilever, Walmart, and Dole, use blockchain to trace their products downstream to the original source but also upstream through the distribution network.

Road to Nowhere: The Dire Status of U.S. Infrastructure


The bridge, built in 1967, had been labeled “functionally obsolete” by the National Bridge Inventory in 2014. Fourteen percent of bridges in the United States have similar designations. Image source: USA Today