Remove Inventory Remove North Carolina Remove Procurement
article thumbnail

The Greenest Mile: Planning’s Role in Supply Chain Sustainability

Logistics Viewpoints

If we don’t plan better, efforts in procuring sustainable palm oil, making medicine with less carbon, or delivering to customers with electric vehicles can still be built on top of inefficient processes that waste the savings we made. Reducing inventory saves money but also reduces waste, because obsolete inventory becomes another problem.

article thumbnail

Better Ways to Address Trade-Offs with Supply Chain Optimization

Logistics Viewpoints

Malcolm McLean, a trucker from North Carolina, was tired of waiting. Imagine you are a high-tech manufacturer with more inventory in stock than your forecasted production volume, which puts you in good company, since US manufacturers’ inventories continue to rise. Now that’s an ROI!

Insiders

Sign Up for our Newsletter

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

article thumbnail

5 Supply Chain Collaboration Essentials to Mitigate Disruptions

Logistics Viewpoints

Supplier problems will cause a cascade of problems up and down the value stream, leading to supply order delays that cause inventory shortages, production disruptions, missed shipments and lost revenue. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

article thumbnail

Getting Started with AI in Supply Chain

Logistics Viewpoints

Workers from picking and packing to planning and procurement are in short supply, stimulating interest in increasing productivity of the existing workforce. IBM’s Institute for Business Value found that 75% of CEOs believe generative AI will be key to competitive advantage.

article thumbnail

What Lessons a Table Fable Teaches About Supply Chain Orchestration

Logistics Viewpoints

The issue wasn’t poor planning – they had the inventory. Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck. The combinatorial factors disrupting supply chains persist, but in this case the problem was completely preventable.

article thumbnail

The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

article thumbnail

Florence Et Al.

Supply Chain Shaman

North Carolina, South Carolina, Virginia and Georgia sit squarely in the storm’s path. It is now closed at the start of a busy shipping season as companies prepare for holiday inventory builds. The question was simple, “What will be the impact of Hurricane Florence on the supply chain?”