Remove 2018 Remove Inventory Remove Sourcing
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A True Supply Chain Transformation Requires the Proper Talent

Logistics Viewpoints

Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. This digital twin contains network costs – the inventory carrying cost is X for this product, by Y for this one.

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You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Prior to 2018, when an ocean carrier booked a shipment they had to provide a chassis. Chassis are not being returned: “street dwell time” is ten days up three-fold from 2018.

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How to Make Supply Chain Complexity Work to Your Advantage

ToolsGroup

alone, Amazon introduced 208 million new products in 2018 — most of which are slow movers, or ‘long-tail’ items. Despite its extreme complexity and scale, Amazon’s July, 2018 earnings doubled shareholder expectations, turning a quarterly profit of a whopping $2.5bn. In the U.S. percent, etc., Applying A.I.

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The Secret of Getting Ahead (Takeaways from Command Alkon ELEVATE 2018 Conference)

Talking Logistics

Therefore, it’s not surprising that the question at the forefront of the most recent Leadership Roundtable meeting (held last month at the Command Alkon ELEVATE 2018 conference ) was, How do we get started? Getting Started with Digital Transformation. The secret of getting ahead is getting started.

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Design, Operating and Situational Inventory Trade-Offs

ToolsGroup

Gartner analyst Paul Lord has developed a framework to better understand inventory trade-offs by categorizing those decisions according to the objectives they are meant to achieve: structural, operational and situational. Many companies struggle with decisions such as “How many days of sales or inventory turns per year should we target?

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Seasonal Inventory and 7 Ways to Manage It Effectively

ToolsGroup

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

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Ultimate Guide To Technologies That Are Transforming Supply Chains

The Logistics & Supply Chain Management Society

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes.