Logility
JUNE 5, 2024
This urges a shift from the unsustainable practice of buffering against uncertainty with high inventory levels. Enter Inventory Optimization (IO) as a vital strategy to combat supply chain stress. Yet, recent research suggests a more advanced approach, Multi-Echelon Inventory Optimization (MEIO), surpasses traditional methods.
Supply Chain Shaman
MARCH 21, 2023
Bloated inventories. Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. The larger the number of days of inventory, the greater the cash drag.) Changes in Inventory Year-end inventory values by industry from Y Charts. The story continues. Rising inflation.
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Logistics Viewpoints
JULY 30, 2024
For retail and consumer packaged goods (CPG) companies, the busy shipping season came early. But shippers looking to avoid disruptions and ensure that tight inventory levels don’t lead to missed sales opportunities pulled their orders forward. The peak inbound season typically starts around this time of year.
ToolsGroup
OCTOBER 14, 2024
In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. In this sector, the ability to provide timely and reliable spare parts can make or break a company’s reputation.
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Even global manufacturers –– companies across industrial, automotive, chemical, and energy industries –– are scrambling to mitigate the impacts of labor, material and energy shortages, delays, inflation, and unexpected events. It’s not just small and medium-size businesses that are caught off guard.
The Logistics of Logistics
JUNE 14, 2024
trillion distortion inventory problem. Karl is the CEO and Co-founder of Pull Logic , an AI-enabled tech company focused on reducing lost sales for retailers, brands, and manufacturers due failure points in the supply chain and selling processes. Karl Swensen and Joe Lynch discuss solving the $1.8 Summary: Solving the $1.8
Logistics Viewpoints
JUNE 4, 2024
With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference. It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends.
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How are organizations performing on inventory optimization? Inventory: asset or liability? Although nobody could have predicted the degree of disruption most companies experienced last year, the pandemic did expose the many challenges organizations face when it comes to inventory. Find out in this new research report.
Speaker: Irina Rosca, Director of Supply Chain Operations, Helix
Companies should have seamless integration between order entry, inventory management, forecasting and supply planning models and purchase order status to sense risk, pull levers to mitigate potential risk, and communicate within and outside the organization. etc) or online promotions (company run or 3rd party).
Advertiser: TadaNow
A Fortune 100 company wanted to have seamless visibility, collaboration and synchronized planning with its multiple levels of suppliers. Which suppliers were being roadblocks, Which posed threats to assurances in supply, What information was being conveyed between suppliers and other supplier and inventory management issues.
Speaker: Tony Darnell, Shipping Manager at Lippert Components
To make smart allocations, they need to visualize inventory across multiple warehouses and cater to different customer needs.
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Learn how Team Procure is helping companies streamline their procurement by implementing a cloud-based procurement platform across their organization. Team Procure Cloud offers a comprehensive solution to procurement management, streamlining the entire process from purchase requests and approvals to supplier management and inventory control.
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What’s also clear is that to not merely survive but thrive in the today’s volatile global market, companies need to take a more synchronized approach to their various business processes. These challenges didn’t end with the pandemic; it’s clear that disruption is here to stay as the so-called “new normal.”
Speaker: Robert Olszak- Vice President, Global Supply Chain Optimization, RGP
The global logistics market is growing, and companies need to prepare for the next generation of supply chain management. As a supply chain director, you want to ensure that your supply chain network can withstand any disruptions and be optimized for peak performance.
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