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Inventory Everywhere, But Not the Right Product to Ship

Supply Chain Shaman

Bloated inventories. Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. The larger the number of days of inventory, the greater the cash drag.) Changes in Inventory Year-end inventory values by industry from Y Charts. The story continues. Rising inflation. Next steps?

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Why Packaging Matters with Phillip Akhzar

The Logistics of Logistics

Phillip Akhzar and Joe Lynch discuss why packaging matters. Phillip is the Founder and CEO of Arka , a tech enabled packaging platform that provides custom and unbranded eco-friendly packaging to SMBs at competitive prices. Arka’s API uses AI to auto-replenish packaging inventory for warehouses and 3PLs.

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10 Ways A Data Gateway Improves Time to Value Across Your End-to-End Supply Chain

Logistics Viewpoints

For example, with a data gateway, a supply planner gains accelerated access to customer orders, inventory levels, and transportation schedules, all in one place, to increase the user experience of making the right choice to identify inefficiencies and make better, more informed decisions.

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The Three Pillars of Sustainability in Supply Chain and Logistics: A Strategic Guide

Logistics Viewpoints

Another crucial focus area is sustainable packaging. Technologies such as artificial intelligence, IoT, and predictive analytics enable smarter inventory management, real-time tracking, and predictive maintenance, reducing waste and costs. Efficiency is a vital component of economic sustainability.

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The Importance of Energy Transition and Sustainability in the Logistics and Supply Chain Industry

Logistics Viewpoints

Sustainable Packaging: Utilizing biodegradable and recyclable materials to minimize environmental harm. Reducing packaging volume and weight also decreases transportation emissions. Collaborating with suppliers to standardize sustainable packaging ensures consistency across the supply chain.

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Order Visibility Is Critical Amid Low Inventories

Logistics Viewpoints

For retail and consumer packaged goods (CPG) companies, the busy shipping season came early. But shippers looking to avoid disruptions and ensure that tight inventory levels don’t lead to missed sales opportunities pulled their orders forward. The peak inbound season typically starts around this time of year.

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Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. When it comes to inventory management, each piece must operate as a part of a global integrated system to be most effective.

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