article thumbnail

Inventory Strategies: Evaluating Constant Disruptions

Logility

Inventory strategies begin with an efficient network design to effectively balance your ability to accurately predict customer demand and work with suppliers to adjust orders in real time. Routine firefighting of inventory issues is a symptom of inventory strategies treated as a once-a-year exercise.

article thumbnail

Strategy. Strategy. Wherefore Art Thou Strategy?

Supply Chain Shaman

This includes digital supply chain transformation and Enterprise Resource Planning (ERP) upgrades. In contrast, those who outperformed were better at strategy and aligned with outcomes. Instead, the starting point, as shown in Figure 1, should start with a clear understanding of business strategy.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Heura Uses ToolsGroup for Digital Supply Chain Transformation to Support Global Expansion

ToolsGroup

ToolsGroup has been an invaluable partner, helping us drive growth and achieve greater efficiency through automation while reducing inventory 10%.” As Heura’s business grew, so did the complexity of its supply chain. Stay in touch with ToolsGroup on LinkedIn , Twitter , YouTube , or visit www.toolsgroup.com.

article thumbnail

Walmart’s Massive Investment in a Supply Chain Transformation

Logistics Viewpoints

Following their fourth quarter results, top executives talked about their supply chain and omnichannel strategy at a high level. Brett Biggs, an executive vice president at Walmart, summarized the investments by saying the retailer is spending on increased fulfillment capacity, supply chain, automation, and technology.

article thumbnail

How Can CIOs Accelerate Supply Chain Transformation? Think Less Planning, More Real-Time Decision-Making

Logistics Viewpoints

But to verify the “in full” part, your real-time transportation solution needs to be connected to warehousing, inventory, fulfillment and order management. Supply chains, after all, are very appropriately named — and the old saying about a chain being only as strong as its weakest link holds true here.

article thumbnail

Global Study Reveals 52% of Vital Digital Supply Chain Transformation Efforts Hamstrung by Skills and Labor Crunch

ToolsGroup

With respondents’ top growth investment for 2022 being “increasing recruitment and training efforts”, this year’s study reveals the profound effect that current labor shortages are having on digital supply chain transformation. The survey results show that companies are charting a steady course toward digital transformation”.

article thumbnail

A True Supply Chain Transformation Requires the Proper Talent

Logistics Viewpoints

What will the total costs be associated with different green strategies? The supply chain design solution is a digital map – or digital twin – of a company’s supply chain. This digital twin contains network costs – the inventory carrying cost is X for this product, by Y for this one.