Enterra Insights

AUGUST 15, 2023

The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. Transforming Inventory Management. Young observes, “[In recent years, retailers have experienced] product shortages and overstuffed inventories in rapidly changing consumer markets.

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Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

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SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

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Enterra Insights

JUNE 22, 2021

Cassidy ( @WillB_Cassidy ), Senior Editor at The Journal of Commerce , writes, “US shippers and transportation providers need to start preparing now for a potentially destructive 2021 hurricane season along the East and Gulf coasts, according to digital freight marketplace Convoy. ” Journalists Jen A. For how long? 6] Ibid.

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Supply Chain Matters

SEPTEMBER 24, 2024

Many supply chain management case study curriculums include the notions of how this retailer initially pioneered “ fast fashion ” and extraordinary sales and inventory turnover. This was counter to Inditex’s prior stance to operate at very lean inventory levels.

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Kinaxis

SEPTEMBER 6, 2017

The reasons behind this were well chronicled in a recent Wall Street Journal article. This has led to increased costs, not to mention all the inventory stuck in-transit. Often times, someone in the procurement organization is aware of change in lead times through supplier monitoring/scorecarding, supply chain risk management and such.

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Supply Chain Opz

MAY 1, 2018

Delivering Customer Value through Procurement and Strategic Sourcing Many people don't know that procurement is a part of integrated logistics. In logistics management literature, procurement is also called "Inbound Logistics" or management of incoming materials. Journal of Business Logistics, 38(1), 35-54.

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Supply Chain Matters

JUNE 9, 2023

the strategies were exploring nearshoring of prior foreign production, diversifying supplier networks and adding additional contingency inventories. For those businesses located in the U.S., Investment firm Pimco indicated that countries such as India, Vietnam and Malaysia would benefit from China Plus sourcing actions.

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Supply Chain Matters

APRIL 18, 2022

According to the announcement , Amoretty joined the company’s senior leadership team tasked to develop a production, operations and procurement vision for its supply chain to ensure multi-year growth, product line expansion plans and profitability. Supporting CIO Role. Augusti will also report to Carhartt President and COO Linda Hubbard.

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Supply Chain Matters

JULY 29, 2024

Imports Peaked Earlier The Wall Street Journal reported ( Paid subscription ) on Tuesday of last week that U.S. retailers have been pulling forward their 2024 holiday fulfillment inventory needs as a hedge toward deepening global supply chain disruptions, geopolitical developments and rising freight rates. in April and 1.27

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Unleashed

JANUARY 11, 2023

And every time this happens, an inventory write-off is necessary. Link Reporting Co-founder and all-round accounting expert, Will McTavish, explains what inventory write-offs are, why they matter, and how to conduct one. In this guide to inventory write-offs: What is an inventory write-off?

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Supply Chain Matters

OCTOBER 6, 2023

In its reporting, The Wall Street Journal indicated that Clorox was among the first to come under a new SEC regulation that went into effect on September 5 th. Further communicated was an expected operating loss of upwards of $150 million for the quarter.

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The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Inventory optimization: Coupled with demand forecasting, predictive analytics enables warehouses and DCs to optimize inventory levels.

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SCMDOJO

MARCH 25, 2022

Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. In the 1960s, there were some prominent textbook authors and authors of academic and professional journals. Inventory optimization Tool. Neil Southern, 2011). Neil Southern.

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Enterra Insights

AUGUST 11, 2022

A recent study published in the journal Nature Communications finds that climate change made these storms far worse than they would have been without human-caused global warming.”[5] 10] When it comes to moving inventory into disaster-prone areas, historical data can help. 8] William B.

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Supply Chain Matters

SEPTEMBER 26, 2023

A Wall Street Journal published report on this situation (Paid subscription) indicates that in previous Covid vaccine rollouts, vaccine makers such as Pfizer and Moderna shipped needed doses directly to designated vaccination centers. This week’s headlines include reports that after the U.S. The three U.S.

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Supply Chain Matters

JULY 19, 2023

According to reports by Bloomberg and The Wall Street Journal , the perceived weak Q2 number provides added evidence of muted retail sales, a degrading export market and a deepening property market slump. Generally muted global product demand levels and inventory overhang have not helped to spur growth of the country’s manufacturing sector.

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Unleashed

SEPTEMBER 3, 2023

If approved by the procurement team or the financial team, the purchase requisition will be converted to a purchase order and then sent to the supplier. A purchase order also enables you to track inventory on order. The supplier checks to ensure they have the inventory necessary to fill the order. It tracks incoming orders.

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Precoro

SEPTEMBER 4, 2023

By learning how to calculate it and change it to their advantage, companies can accelerate cash inflow and free up money that would otherwise be tied up in inventory. The cash conversion cycle is represented as a period of time that indicates how long it takes a business to turn its investments in inventory into money from customers.

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Supply Chain Matters

APRIL 4, 2024

In reporting of the latest investment, The Wall Street Journal observed that the total investment represents Amazon’s largest investment in another company since its founding 30 years ago. The data is then compared with the existing warehouse management system (WMS) in order to foster real-time inventory accuracy and availability information.

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Talking Logistics

FEBRUARY 9, 2017

As reported last month by Jennifer Smith in the Wall Street Journal , “A growing number of retailers are relying on suppliers to ship online orders directly to customers, a strategy they hope will help them compete with e-commerce rivals without spending more on inventory. For example, check out what RevCascade is doing.

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Supply Chain Matters

JULY 6, 2022

Both Business Network CNBC and The Wall Street Journal , cited data from Cox Automotive indicating that sales of new vehicles in the U.S. According to reporting by The Wall Street Journal , the apparel maker is having to pay five times more in ocean container movements rates from pre-pandemic levels. billion to $1.9

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Supply Chain Shaman

DECEMBER 29, 2016

I struggle to find a good supply chain academic journal, and often speak to my academic network about the need for one. In a nutshell, the research states there is a correlation between cost, inventory, and forecast performance. I also find that the definition of research by each analyst firm and consortia is different.

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Supply Chain Matters

AUGUST 15, 2022

According to published reports from both Bloomberg and The Wall Street Journal , the company will now source its hardware customer fulfillment needs to third-party logistics providers in an effort to reduce product delivery costs by up to half. Inventory Glut of Bicycles. That was the classic inventory bullwhip effect, alive and well.

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Supply Chain Matters

JULY 11, 2023

Included in the results were noted inventory charges and losses on firm purchase commitments of $920 million as of December 31, 2022 compared to $95 million as of December 31, 2021. As we and other business and industry media have noted, there was turnover at the supply chain leadership level in 2022 including the director of procurement.

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ModusLink Corporation

NOVEMBER 18, 2021

When the product has a defect after its production, it is sent back to the inventory to reuse or recycle it. Sustainable procurement: consists of environmentally friendly purchasing that carry reduction, reuse, and recycle. International journal of production economics (Vol. 1995, April 12). Los Angeles Times. Ali Esfahbodi, Y.

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Supply Chain Opz

APRIL 1, 2018

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute procurement and sourcing strategy like the world's leading companies. Journal of Business Logistics, 38(1), 35-54. Best Logistics Books are as below: 1. Our Rating: 5 Stars 4.

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MIT Supply Chain

JULY 22, 2021

We are now witnessing a corporate version of this practice, as supermarkets build inventories in anticipation of product shortages. A silver lining is that the lessons learned could lead to more flexible approaches to inventory management generally. Our inventories are up significantly over the same period last year.”

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Supply Chain Matters

JUNE 8, 2023

According to reporting by The Wall Street Journal , sizable changes to data from Germany, Ireland and Finland prompted the revision. Inventory will be a key concern as CFO ’s continue to monitor working capital efficiencies, erosion of margins or expected declines in economic growth.

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Supply Chain Matters

FEBRUARY 23, 2023

Vincent Clerc, the new incoming CEO of Maersk indicated to Bloomberg: “ The world is facing a significant inventory adjustment after a period where demand has been absolutely exceptional. The report further indicates that many retailers have pulled back on inventory replenishment orders while continuing to work through backlogs of inventory.

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Supply Chain Matters

NOVEMBER 21, 2022

For Walmar t, sales of higher margin discretionary products such as electronics, household goods and apparel reportedly continued to impact margins and excess inventory. business unit inventory levels now amount to $1 billion in excess inventories compared to $1.5 In its reporting, Bloomberg reported that U.S.

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Supply Chain Matters

OCTOBER 7, 2022

The Wall Street Journal reported this week ( Paid subscription or metered view ), that fashion and apparel retailer Macy’s has managed to avoid the significant excess merchandise inventory levels that are challenging other retailers. We recommend that our readers have a view of this report.

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Supply Chain Matters

AUGUST 14, 2023

Apple CFO Luca Maestri indicated to the Wall Street Journal that the company set all-time records for multiple services segments which have now doubled over the last three years. The CEO further indicated that the industry’s inventory situation had improved. However, iPhone hardware sales reportedly declined 2.4 percent to $39.7

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IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. Journal Of Business Logistics , 37 (1), 6-17. Journal Of Management Information Systems , 32 (4), 4-39. no opt-in).

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The Logistics of Logistics

OCTOBER 12, 2012

Chuck Intrieri is a: Certified Value Engineer (VE), Certified Purchasing Manager (CPM), Certified Production and Inventory Control Manager (CPIM), and is Lean Certified all of which attests to his deep understanding of operations and logistics beyond the confines of the purchasing function.

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Supply Chain Matters

JULY 27, 2023

Supply Chain Matters highlights reports of Q2-2023 financial performance from two major influential high tech suppliers indicating constrained end product demand levels and inventory overhang continue to impact supply networks.

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Supply Chain Matters

OCTOBER 25, 2022

The Wall Street Journal Logistics Report indicated late last week that: “ the backup of container ships off the Southern California coast that was at the heart of the U.S. It is becoming clearer that supply chain procurement and logistics teams elected to route import shipments thru either U.S. West Coast port operators.

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