Develop a Stocking Policy

Demand Solutions

And that leads me to the point of this article: your company needs a clearly defined stocking policy that guides decisions like these. If you’re serious about reducing inventory, you need a stocking policy that you can put down on paper and refer to throughout the year.

Return Merchandise Authorization: What is RMA and Common RMA Policy Attributes

Cerasis

Furthermore, many RMA policies may have subtle differences with these common interests. Let’s take a look into how RMAs function and some common examples of RMA policy. Common Examples of RMA Policy. Policy for customer service.

How Will Walmart’s New OTIF Policy Affect the Supply Chain’s Transportation Component?

CHAINalytics

For the transportation component, … The post How Will Walmart’s New OTIF Policy Affect the Supply Chain’s Transportation Component?

How to Create Successful Returns Management Practices & Policies

Veridian Solutions

Retailers around the globe are working to create successful returns management practices to meet the demands of consumers, and today’s supply chain leaders need to understand how to create successful returns strategies, including policies that align with e-commerce. Consumers will turn to competitors for their purchases, even if it means paying a premium for free, easy returns policies. In other words, the policy itself impacts customer experiences and profitability.

What’s new in the automotive supply chain? (Hint: Inventory Replenishment Policies)

The Network Effect

Today I want to explore how automobile suppliers are improving their operations via inventory replenishment policies. Effective inventory replenishment policies in use today include the 830/862 converted to a delivery release, KanBan, Min/Max, and Sequencing.

America First: How a New Slew of Trade Policies Will Impact Supply Chain

Elementum

The Trump Administration’s trade policies have already incited backlash and retaliatory measures by other nations, and forced several key industries to reassess their global supply chain strategies. policy china trade international trade USUS manufacturing activity dropped slightly in March. According to a report by the Institute for Supply Management, factory owners are increasingly concerned about how new trade restrictions levied by the Trump Administration will affect them.

6 Tips for Writing an Excellent Ecommerce Shipping Returns Policy

Cerasis

Because of this reality, return requests are inevitable, so it’s important that you have a proper ecommerce shipping returns policy. Make it Accessible Don’t hide your policy, make sure it is located in an easy to find location; your customers will appreciate it.

Policy or Practice? Supply Chain Risk Management in Reality

All Things Supply Chain

Procurement and supply chain management are logical functions. Work through a process, and you can bring spend and transactions into a managed state. Apply a framework and you can bring… Supply Chain Management risk management supply chain management supply chain transparency

America First: How a New Slew of Trade Policies Will Impact Supply Chain

Elementum

The Trump Administration’s trade policies have already incited backlash and retaliatory measures by other nations, and forced several key industries to reassess their global supply chain strategies. policy china trade international trade USUS manufacturing activity dropped slightly in March. According to a report by the Institute for Supply Management, factory owners are increasingly concerned about how new trade restrictions levied by the Trump Administration will affect them.

Finding the Right Solution for New Tax and e-Invoicing Policies in Colombia

Descartes

Another country within Latin America mandates new tax and electronic invoicing policies. The post Finding the Right Solution for New Tax and e-Invoicing Policies in Colombia appeared first on Appterra Collaborative Commerce.

Are you ready for the fallout? How proposed US trade policy changes will impact your end-to-end supply chain

Kinaxis

by Alexa Cheater Love them or hate them, it’s hard to escape the proposed sweeping changes to America’s trade policy put forth by US President Donald Trump. But what impact will his trade policy changes have on your end-to-end supply chain?

Why Grinch-Like Policies Won’t Save Your Christmas Margins

MP Objects Supply Chain Orchestration

The holiday season is a time of giving and receiving; UPS alone is anticipating delivering about 750 million packages. However, if you work in retail, it is also the unenviable time of mass returns and exchanges.

KraftHeinz Procurement Bends to 3G Capital’s Policies: How’s it Working Out for You?

NC State SCRC

In its earnings release , Kraft Heinz said it received a subpoena last October related to its “accounting policies, procedures, and internal controls related to its procurement function, including, but not limited to, agreements, side agreements, and changes or modifications to its agreements with its vendors.”. Several stories came out this week, related to KraftHeinz’s share price, its procurement department, and the fate of its parent company, 3G Capital.

Trump's Policies Could Jump-start the Economy

Material Handling & Logistics

The level of uncertainty has risen, but the risks of recession remain low. read more. Global Supply Chain News Trump and the Supply Chain

Adapting the Supply Chain to Protectionist Policies

Material Handling & Logistics

If a U.S. border tax was enacted some retailers that are big importers could see their net profits plummet by almost 80%, while exporters of manufactured goods could see their net profits soar by 50% or more. read more. Global Supply Chain News

How Will New Government Policies Impact the Transportation Industry?

Cerasis

Changes to regulations or policy that may impact the transportation industry take time to flush out from each newly elected official or congressional session to the next. However, the new administration’s actions to date have not yet brought the relief that so many have wished for but the transportation industry is looking forward to any new government policies that may impact the industry for the better.

What Effects Could Trump Policies Have on International Shipping

3PL Insights

It’s important to be prepared for the effect of Trump policies on international shipping and logistics. The post What Effects Could Trump Policies Have on International Shipping appeared first on Evans Distribution.

New eBook: Trade Policy Trends - Succeeding in an Environment of Change

Descartes

Trade policy is on the move. In this environment of change, it can be challenging to pinpoint trends and assess how trade policy shifts might impact business and products at the Harmonized System (HS) level

eBook 195

Energy Efficiency Should Lead Climate Change Policy

Descartes

Current energy programs and policies provide significant energy savings at a lower cost than businesses pay for electricity. The post Energy Efficiency Should Lead Climate Change Policy appeared first on Appterra Collaborative Commerce.

Trump’s China Policy Threatens U.S. Exports and Supply Networks

Material Handling & Logistics

Bloomberg. The nightmare scenario would be a Chinese economic embargo of Taiwan that would reverberate around global supply chains. read more. Global Supply Chain News

Reveal Your Real Inventory Planning and Forecasting Policy by Answering These 9 Questions

The Smart Software

In this blog, we review 9 specific questions you can ask to uncover what’s really happening with the inventory planning and demand forecasting policy at your company.

Walmart’s OTIF Policy Will Continually Impact Forecast and Planning Strategies

CHAINalytics

Previously under the Must Arrive By Date (MABD) guidelines, suppliers of fast-turning products, as well as perishable … The post Walmart’s OTIF Policy Will Continually Impact Forecast and Planning Strategies appeared first on Chainalytics.

The Trade War Latest: What Supply Chain Professionals Should Consider

Transportfolio

As I’ve been discussing the latest tariff changes with importers, a few recurring questions seem to be on most companies’ minds: Will our supply chain be more impacted by the policy changes affecting China-to-U.S. Customs/Trade Policy Global Forwarding

China 61

Sports Jerseys and Lifetime Returns Policy

The UCLA Anderson Global Supply Chain Blog

From an operations lens, this retailing policy brings up a few interesting questions: With JA, the risk of owning a jersey is reduced, so how much more can the jersey manufacturer charge for jerseys? Bobby S. Nyotta and Christopher S.

Sports Jerseys and Lifetime Returns Policy

The UCLA Anderson Global Supply Chain Blog

From an operations lens, this retailing policy brings up a few interesting questions: With JA, the risk of owning a jersey is reduced, so how much more can the jersey manufacturer charge for jerseys? Bobby S. Nyotta and Christopher S.

Detention Policies Need to Change in 2018

DAT Solutions

I am so hoping that 2018 will be the year when detention policies and practices change. Chad Boblett is the owner and driver of Boblett Brothers Trucking of Lexington, KY.

A Software Management Policy is Essential to Improve Purchasing

ModusLink Corporation

The post A Software Management Policy is Essential to Improve Purchasing appeared first on ModusLink Global Solutions.

How to Tell You Don’t Really Have an Inventory Planning and Forecasting Policy

The Smart Software

Many organizations cannot specify how policy inputs are calculated or identify situations calling for management overrides to the policy. The post How to Tell You Don’t Really Have an Inventory Planning and Forecasting Policy appeared first on Smart Software.

3 Ways to Ensure your Sourcing Policy Streamlines and Optimizes Procurement

SYSPRO Smarter ERP

Fortunately, strategic sourcing policies for procurement can provide the ultimate competitive advantage. The post 3 Ways to Ensure your Sourcing Policy Streamlines and Optimizes Procurement appeared first on SYSPRO US. Procurement is often overlooked and undervalued, yet it impacts every facet of a business. Procurement and supplier relationships have an important role to play when it comes to ensuring manufacturers and distributors meet their strategic goals.

Stop Leaking Money with Manual Inventory Controls

The Smart Software

Blog Business Policy Demand Planning Excellence in Forecasting Inventory Optimization Operational Analytics demand planning implementations ERP inventory modeling inventory optimization kpi metrics probabilistic modeling statistical forecasting supply chain analytics

Companies Still Paying a High Price for Flawed Inventory Policies

Supply Chain @ MIT

Optimizing inventory management policies can achieve dramatic reductions in operational costs, yet many companies leave substantial savings on the table because they fail to develop the most efficient management policy for their business.

What Transportation Professionals Need to Know About the U.S.-Mexico Border Situation

Transportfolio

We have seen over the course of this administration that policy is often refined and revised from the first announcement or tweet to the final policy implementation. Continued uncertainty as policy making is delayed. On March 27, U.S.

Is Your Product Return Policy Helping or Hurting Your Business?

Logistyx

If Your Returns Policy Hasn’t Been Revamped in a While, It Probably Should Be ~ As e-commerce sales grow, it’s no surprise that the issue of customer returns is a hot topic.

US Against the World: Everything You Need to Know About Trump's Controversial Trade Policies

Elementum

Chamber of Commerce, the National Retail Federation and the Information Technology Industry Council, oppose the policy. Despite the global reach of the controversial policy, China has been a particular focal point in the “trade wars."

Best Practices for Enforcing Policies with Contractors

Supply Chain 24/7

To reduce incidents and keep production and workflow moving as planned, it’s critical for your contractors and suppliers to understand all policies and follow them exactly as required

Best Practices for Enforcing Policies with Contractors

Supply Chain 24/7

Without policy enforcement organizations that hire and employ contractors and suppliers run the risk of increased injuries, production failures, penalties for noncompliance, and even lawsuits resulting from employee injury

Supply Chain News on PPG Executive on Policies to Help US Manufacturing to Succeed

Supply Chain Digest

High US Corporate Tax Rates are an Issue, Bryan Iams Says, but Trade Ageements, Immigration Reform and More Also Need