This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Amul formed a strategic partnership with the Michigan Milk Producers Association (MMPA) to facilitate its US product launch. Technology Integration : Use of technology in logistics, inventory management, and supply chain tracking has helped improve efficiency and transparency.
The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supply chains. Key border crossings, including Laredo, Texas, and Detroit, Michigan, are experiencing delays of up to 24 hours, as U.S.
About Ron Richardson Ron Richardson is a highly experienced Chief Revenue Officer with a strong background in logistics and transportation. Ron has also played a key role in the success of FourKites, a logistics technology company. Walton Supply Chain College.
Logistics and Supply Chain – 1940 to 2040 with Jason Miller. Jason Miller and Joe Lynch discuss logistics and supply chain, 1940 – 2040. Jason is a professor of supply chain at Michigan State University, which is ranked as one of the top supply chain schools in the world. About Jason Miller. and Dortha J.
A factory in China was the same as a factory in Michigan. ” • Increase Inventories. “Third, companies could decide to hold excess inventory. A higher level of inventory would allow firms to better weather temporary supply shocks.” “For decades,” writes economic journalist Peter S.
Jason is a professor of supply chain at Michigan State University, which is ranked as one of the top supply chain schools in the world. Jason Miller (PhD The Ohio State University) is a tenured Associate Professor of Logistics and the John D. About Michigan State University, Department of Supply Chain Management. and Dortha J.
A study by the University of Michigan in 2018 showed how a patty of plant-based Beyond meat compared to a regular US beef patty of meat. This is the realm of the logistics professional. That said our efficiency in running the logistics to get to their location is entirely up to logistics professionals. About the Author.
Towards the end of last year, Steve Banker and I met with Greg Lehmkuhl, President & CEO, Sudarsan Thattai, CIO, and Chris Timmer, SVP Sales and Value-Added Services from Lineage Logistics. The name Lineage Logistics may not be a household name, but that is something the leadership team is used to.
Disruptions like pandemics and geopolitical instability, combined with rising consumer demands for speed and convenience, have reshaped logistics. This blog post explores the key trends defining the future of logistics in 2025. Inventories are down. What should we do? One trend line doesnt always tell the full story.”
Today’s logistics empire is not your grandfather’s or even your father’s logistics operation. Consumers are expressing an unprecedented amount of power through eCommerce, and in fact, eCommerce logistics is growing increasingly reliant on small parcel and package delivery options daily.
The logistics industry is changing fast. On today’s episode of The Logistics of Logistics Podcast, host Joe Lynch sits down with Courtney Muller. The Future of Logistics with Courtney Muller. Our topic is the future of logistics with my friend, Courtney Muller. Our topic is the future of logistics.
Moving on, here’s the supply chain and logistics news that caught my attention this week: Introducing Amazon Key, a New Level of Delivery Convenience for Prime Members. Alphabet looks to snowy Michigan to test self-driving cars (Reuters). Logistically Partners with SMC3 to Augment API’s with RateWare XL and CarrierConnect XL.
Now, on to this week’s supply chain and logistics news… Wal-Mart says it is 6-9 months from using drones to check warehouse inventory (Reuters). China’s logistics sector grows steadily in 2015 (Xinhua). Michigan Puts Forward Bills to Allow for Public Sales of Driverless Cars (WSJ- sub. Uber raises $3.5
Updated: February 4, 2025 According to Michigan State University , demand planning is a supply chain management process of forecasting, or predicting, the demand for products to ensure they can be delivered and satisfy customers. These forecasts are essential for planning inventory levels, production schedules, and resource allocation.
Mike Neme is a principal at Hook Logistics Powered by Globaltranz. Mike earned a Bachelor of Arts in Public Relations and Communications from Central Michigan University. About Hook Logistics. Hook Logistics is a 3rd Party logistics (3PL) firm that provides quality fulfillment services at transparent, fair rates.
The problem lies in effectively balancing inventory across the supply chain. When demand surges, inventory needs to rise, and vice-versa. However, as we’ve seen in recent years, predicting these shifts and adjusting inventory accordingly is far from simple.
To make the list, companies out-performed their peer group on operating margin, inventory turns and Return on Invested Capital while driving significant improvement in financial metrics over the period.Supply Chain Improvement is based on a detailed analysis calculated factors for balance, strength and resiliency. Detroit, Michigan.
The Experts’ Choice of the Top Online Logistics Resources. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. Experts’ Choice: Supply Chain and Logistics Email Newsletters. Ti Logistics Briefing.
According to a 2017 Michigan State University Supply Chain Management study , “supply chain and product complexity possess a number of sources that vex supply chain operations…customer accommodation is the first,” including the demand for speed and visibility into shipments.
Experienced logistics and supply chain consultant, Chuck Intrieri is a new contributor to TheLogisticsofLogistics.com. Chuck Intrieri is currently a operations and management consultant focused on third party logistics (3PL) management. The post Chuck Intrieri Executive Profile appeared first on The Logistics of Logistics.
Back in the mid 1990’s when I first entered the Supply Chain field as a freshly minted MBA from the Eli Broad Graduate School of Management at Michigan State University, I was full of “state of the art” knowledge from visionary teachers like Don Bowersox, David Closs, Steven Melnyk and others.
Managing inventory effectively is a constant challenge for businesses. Misunderstandings about the dynamics of inventory fluctuations, like the bullwhip effect, can exacerbate these challenges. Misunderstandings about the dynamics of inventory fluctuations, like the bullwhip effect, can exacerbate these challenges.
Loans can save you everything, from funding inventory purchases to pay for innovations in common functions. Running out of inventory means missed profit and disappointed customers, overstocking makes capital lack Expansion. Inventory Financing Inventory loans are created to help businesses purchase stock upfront.
According to Michigan State University , “demand planning is a supply chain management process of forecasting, or predicting, the demand for products to ensure they can be delivered and satisfy customers. The goal is to strike a balance between having sufficient inventory levels to meet customer needs without having a surplus.”
While CEOs are investing in store logistics systems, order management systems and upgraded warehouse management and material handling systems to support the extended range of omni-channel fulfillment options, few are increasing labor budgets in distribution centers (DCs) or stores.
Examples: moving inventory to alternate locations, changing supplier relationships. This data can be viewed in time-series reports showing missed orders, inventory levels, total cost and more, as a critical way to evaluate resiliency. Analyze: Use sensitivity analysis and scenarios to test network designs that may increase resiliency.
An all-in-one design engine with multiple integrated solvers can perform network, product flow, cost-to-serve, inventory, production and transportation optimization as well as greenfield and demand analysis in a single user interface and data model. product flow-path, inventory right-sizing, DC-to-customer assignments) to get started.
a Traverse City, Michigan based innovator of supply chain network design software. wholly owned subsidiaries of the Company, were also recognized as Top 100 Logistics IT Providers by Inbound Logistics. This annual award honors IT companies that support and enable logistics excellence. Company and Technology.
A year into the crisis, Sriram Narayanan , the Kesseler Family Endowed Faculty Fellow of Supply Chain Management at Michigan State University, explained, “Supply chain management plays a central role in the quality of life we enjoy every day, whether it be products we shop in a retail store or meals that our kids are served in school. .”[1]
Author Affiliations: authors of the books on our list are university professors from Michigan State University, Stanford University, Northwestern University the University of California at Berkley and Cranfield University (UK). Obsolete and out-of-print books are not included. The links below are #paid links. Interfaces, 38(6), 469-484.
The possibility of disruptions at major ports like New York/New Jersey, Savannah, and Baltimore has businesses facing the real danger of shipment delays, inventory shortages, and cost increases. Increasing Inventory Levels : Some companies are preemptively increasing inventory levels at domestic warehouses to buffer against potential delays.
But when PwC asked CEOs in a recent survey ( Global Retail and Consumer Goods CEO Survey: The Omni-Channel Fulfillment Imperative ) what areas most needed their additional attention to achieve omni-channel fulfillment, 88 percent said it is their transportation and logistics operations.
Next, you need visibility to all inventory across the enterprise integrated with a distributed order management system so you can not only deliver on your customer promises, but do so as profitably as possible. Jim has an MBA from the University of Michigan and a BSME from Marquette University.
For the last couple of decades transportation management systems (TMS) have revolutionized supply chains, helping companies streamline their logistics processes, achieve greater visibility into their operations and save significant dollars on transportation. And it’s simply not true. There’s really no difference. What does it mean to finance?
Reverse logistics (returns, warranties) are more manageable closer to market. Obsolete and excess inventory carriage are more preventable. Ford, second only to Walmart in reshoring over the past five years, brought 3,250 jobs from Mexico to Michigan and Ohio to build F-650 and F-750 trucks, Fusion cars, and engines.
New options such as buy online/ pickup in-store (BOPIS), ship-from-store, endless aisle and save-the-sale require an enterprise-wide view of all inventory, and planning and execution systems that can seamlessly accommodate these new processes. Jim has an MBA from the University of Michigan and a BSME from Marquette University.
Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. Even Amazon used third-party logistics companies when the company first started, until reaching sufficient scale to have a logistics arm of its own.
May 03, 2021— Evans Distribution Systems, a leading provider of third-party logistics and supply chain solutions, launched a new business intelligence tool: evans365. As a logistics service provider, we are always trying to add value to our customers,” says John A. MELVINDALE, Mich., Click here to download the press release.
Additionally, he shares his experience with podcasting and how it has helped build trust and attract clients for his logistics business. Dave studied business management at the University of Michigan. Their services include order fulfillment, omnichannel logistics, packing, and kitting.
He began to develop a vision for tearing down the functional silos that separated production, marketing, distribution, sales, and finance to generate a step-function reduction in inventory and a simultaneous improvement in customer service. I first introduced the concept of supply chains to a group of executives at Michigan State in 1998.
“As the logistics industry faces extraordinary pressures, maintaining a culture of compliance is more critical than ever. Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. Maintain a culture of compliance, even in times of crisis.
”[1] Trebilcock goes on to note that a 2018 article co-authored by Michigan State’s Steve Melnyk argued, “The next generation of supply chains will be tasked with delivering an experience as well as a product.” This means a different (and often more complex) logistics network, especially in the last mile of delivery.
As a young assistant professor at Michigan State University in 1992, I was part of a group called the Global Procurement Benchmarking Initiative. However, “world class” still emphasized distinctions between the functional areas of purchasing, operations, and logistics, which were still viewed as disparate functions.
As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka. They combined related functions such as purchasing, inventory control, receiving, and stores under the authority of one individual.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content