Fulfillment, Network Expansion, and the Implications on Inventory Management

FLEXE

Inventory that does not tie up large amounts of working capital and is not perishable. Finally, investing in large amounts of inventory is often required to offset offshore production and shipping, and it exhausts a large percentage of a company’s working capital. .

A Holistic Approach to Freight Savings with Mike Eberl

The Logistics of Logistics

I grew up mostly in Madison, Wisconsin. I enrolled in the forestry program at the University of Wisconsin, but two years in I had an epiphany that I wanted to pursue business. I graduated with a major in finance, investment, and banking from the University of Wisconsin. [02:44]

What is Supply Chain Compliance and Why is it Important?

AB&R

Wisconsin. Asset Management Blog Inventory Management Managed Services Manufacturing RFID Transportation & Logistics asset management barcode verification compliance labeling GS1 harsh environment labeling UDI

The Secret to Successful Enterprise Strategy? Always Include Supply Chain Management

Supply Chain Opz

In this guest commentary, John McKeller , senior lecturer for the Wisconsin School of Business Grainger Center for Supply Chain Managemen t at the University of Wisconsin-Madison, explains four key considerations for successfully integrating a firm’s strategy with supply chain management.

Kimberly-Clark: A Demand-driven Leader

Supply Chain Shaman

The first day that I worked with the Kimberly-Clark team, it was snowing in Neenah, Wisconsin. In the Supply Chain Metrics that Matter table, we can clearly see that “operating margin” and “inventory turns” matter to public financial performance.

Managing a Third Party Logistics Partnership

The Logistics of Logistics

He is a guest speaker at the Purchasing Management Association and the University of Wisconsin-Madison. When you have chosen a 3PL partner, insure that you have an effective Service Level Agreement (SLA) with accompanying Key Performance Indicators (KPIs) to manage the Service Level of the 3PL. This SLA/KPI has to be negotiated and agreed upon by you and your 3PL partner.This negotiation time can take three (3) to Six (6) months.

Service Level Agreement Defined

The Logistics of Logistics

Inventory Record Accuracy via Cycle Counting and Root Cause analysis. Each KPI has a specific measure or percentage to be reviewed based on your needs, examples : Inventory Records Accuracy: 98-100%, IT implementations: a specific timeline, Cost Reduction: 5% per quarter based on the Logistics provider’s expertise, Continuous Improvement initiatives: Going beyond the customer’s expectation: 5% improvements each quarter, etc.

KPI 100

New Survey Says Alignment of Supply Chain and Business Strategies Is Critical to Success

Creating Supply Chain Excellence

While global companies’ rate higher for cost reduction, inventory, customer service, and profitability, the degree of alignment is higher at North American companies. “We RALEIGH, NC, April 15, 2014 — Is it important to connect your supply chain strategy with your business strategy?

The Way to Real Time Supply Chain

The Logistics of Logistics

Among the real time supply chain focus areas highlighted are multi-level inventory optimization (flow of goods through a given number of locations), demand signal repository (holds downstream data for better plans/responsiveness), sales and operations planning, and leveraging the point of sales (POS) data across the supply network. This accelerates supply chain processes and reduces planning cycle times, working capital (inventory) and lead times.

Rockwell Automation: Supply Chains to Admire Winner

Supply Chain Shaman

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC).

Insights from RILA Retail Supply Chain Conference: Top 3 Ways the Retail Revolution Impacts the Supply Chain

Supply Chain Nation

When I call myself fortunate for attending I’m not just referring to leaving my home in Wisconsin for warmer temperatures in Orlando; I’m talking about the value gained from a retail show specifically focused on logistics. Automated DC Operations & End-to-End Inventory Visibility.

Rockwell Automation: A Case Study in Supply Chain Excellence

Supply Chain Shaman

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC).

ScottsMiracle-Gro Improves Distribution System in Sustainability and Customer Service

Supply Chain Network

Improve inventory turns at retail by reducing fertilizer order minimums. ScottsMiracle-Gro currently has warehouses connected to operations for the co-distribution of fertilizer with growing media products at 16 locations in Alabama, Arizona, California, Florida, Georgia, Illinois, Kentucky, Louisiana, Michigan, Missouri, Ohio, South Carolina, Texas, Virginia and Wisconsin. A new 100,000-sq. warehouse will be added to The Scotts Miracle-Gro Company’s operation in Lebanon, Conn.

Bio-based Products Future is Promising, but Hurdles Exist

Supply Chain View from the Field

We were surprised to find that many states with the highest Location Quotients were not states that are typically associated with the biofuels economy, including Oregon, Wisconsin, North Carolina, Mississippi, Alabama, Maine, and others. The global apparel sector’s effort resulted in the development of the Higg Index, a universally accepted LCA tool and life cycle inventory database.