Remove DC Remove Inventory Remove Metrics
article thumbnail

Omnichannel Supply Chain Metrics: What Should Supply Chain Leaders Measure?

GlobalTranz

The answer lies using these omnichannel supply chain metrics to carefully track and improve operations continuously. Inventory Accuracy. This is a simple key performance indicator (KPI), another name for metrics, to track. It refers to the in-stock or out-of-stock accuracy of supplier inventory. Vendor Fill Rate.

article thumbnail

Until AI Can Solve this One Simple Task, I Wouldn’t Worry About It

Logistics Viewpoints

However, AI’s inability to solve the very limited problem of ensuring that inventory is located in the right place in a warehouse suggests that planners don’t have to worry too much about job security. For fulfillment to be efficient, a warehouse needs the right inventory located in the right slots in a warehouse.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Three New Ways Retailers Can Improve Inventory Performance

ToolsGroup

By using data to stock items with higher forecasted demand, they can reallocate cash that would normally be tied up in poorly performing inventory, avoid margin erosion from markdowns and dead stock, and increase overall on-shelf availability metrics. Engineer Profit.

article thumbnail

A New Decade: Give Science A Chance

Supply Chain Shaman

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Now, let’s take consumer products. What can we learn?

article thumbnail

Mars Wrigley’s Highly Successful Supply Chain Digital Transformation

Logistics Viewpoints

The stock rebalancing skill is designed to enable Mars to optimize DC to DC shipments. The algorithms generate recommendations on optimal ways to rebalance inventory based on cost and service level impacts. This visibility is key to both the root cause analysis and the inventory rebalancing.

article thumbnail

Inventory and forecast data from retailers: After your product ships (Part 2)

Alloy

Without this visibility into available inventory and focus on looking ahead to the future, you’ll find it hard to deliver the data-driven recommendations that retailers are looking for from their top partners. It’s calculated by dividing Retailer COGS by the average inventory on hand during the period. Weeks of Supply.

article thumbnail

How Crisp equips Target vendors with actionable business intelligence

crisp

From automated Monday morning recaps to a customizable report builder with over 5,000 key Target metrics, SOLYS by Crisp streamlines operations and drives growth for vendors in their Target partnership. Many top CPGs already rely on SOLYS—either directly through Crisp or via a SOLYS-enabled broker.