Remove Inventory Remove Jordan Remove Manufacturing Procurement
article thumbnail

Securing the Pickleball Supply Chain

Logistics Viewpoints

Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. The Franklin Sports Supply Chain 75% of Franklin Sports goods products, by revenue, are produced by third party contract manufacturers. Jennings’ name. When she joined, Ms. Initially, Ms.

Security 228
article thumbnail

Additive Manufacturing continues to Mature

Enterra Insights

For nearly a decade, pundits have been touting the transformative effects of additive manufacturing (aka 3D printing). ”[1] Most analysts include additive manufacturing in their list of technologies that collectively are fostering the next industrial revolution, which is often referred to as Industry 4.0.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What Is LIFO and How Can It Be Used?

ShipBob

Imagine this scenario: Jordan operates an online furniture company that holds luxury furniture inventory in a large warehouse. Recently, Jordan purchased 20 sofas at $1500 each and six months later, another 20 of the same sofa at $1700. . When Jordan opened the business, he decided that LIFO made the most sense.

article thumbnail

COVID-19 accelerates four trends and changes within global supply chains

Proxima

2020 has introduced new logistical blueprints to follow and the push to get work done with fewer employees has grown exponentially as social distancing directives continue to influence the nation’s manufacturing. Lockdowns have given a new edge to e-commerce as returns for online purchases tend to be three-fold compared to in-store purchases.

article thumbnail

Walmart Supply Chain: What Makes It (Still) So Successful 

ShipBob

From the get-go, the company started removing links within the supply chain and purchased goods in bulk to be transported directly to their stores. They then began working directly with manufacturers and distributors to cut out the middleman to further streamline the supply chain. .

article thumbnail

Wholesale Ecommerce Explained + 5 Best Platforms for Wholesale

ShipBob

In other words, you function as an intermediary between the retailer and the manufacturer. It also benefits manufacturers, in that they don’t have to worry about finding sellers who will distribute their products to end consumers. . That means you can procure goods at a much lower rate than a retail ecommerce business.

article thumbnail

Supply Chain Management:Rapid Innovation will Differentiate the.

Infosys Supply Chain Management

Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. cities with these lockers in-place are located in states that already collect sales taxes for online purchases. Automotive. Communication Services. Healthcare.