Remove Inventory Remove Procurement Remove Supply Chain Segmentation
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My Biggest Mistake: Inventory Levels are the Thermometer for the Management of the Company

Arkieva

As a Phd in inventory optimization, I’ve started my supply chain career in adjusting inventory parameters with surgical precision. I was, and I still am passionate about applying statistics and advanced analytics to the supply chain domain. I’m still training supply chain experts on how to do this.

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7 Supply Chain Challenges That Exist Today

4WL Consulting

This heightens the need for having a global procurement network which can support and respond to a company’s supply chain needs in a timely manner. However, many chief procurement officers claim that it is becoming more and more difficult to select a strategic supplier who offers consistent global quality and local service. #2

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Getting Ready for 2017: Reflections on Telling Lies

Supply Chain Shaman

As I study research methods, and the market, I realize the lies I’ve spun for prior employers (Gartner and AMR Research) are untrue: The AMR Research Hierarchy of Supply Chain Metrics. In a nutshell, the research states there is a correlation between cost, inventory, and forecast performance. Just the opposite.

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Omnichannel Retail Requires Close Collaboration with Logistics Providers

Enterra Insights

Lack of Inventory Visibility and Metrics. Carrying inventory is a necessary evil. Too much inventory means profits are eaten away by storage costs. Too little inventory and sales opportunities are lost. Poor Visibility into Inventory in Transit. We live in the digital age and supply chains need to become digital.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Industry professionals have put in tireless hours and taken strategic measures to keep the supply chain moving and meet customer demand. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities.

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Logistics Center of Excellence: Delivering Value to Organizations

Talking Logistics

Based on a company’s supply chain segmentation goals and business objectives, a CoE can be designed to support any portion of a company and the fulfillment needs of its product portfolio,” Lewis says. “It It extends well beyond visibility to give users integrated global logistics and trade compliance services. Source: GEODIS.

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Building your Supply Chain Strategy: The Five Tenets of High-Performing Supply Chains

BlueYonder

Today is the right time to take a fresh look at these strategic pillars and to explore their full potential as part of your supply chain strategy. Figure 1: A fresh look at the Five Tenets of High-Performing Supply Chains. These efforts put the emphasis on network design, inventory optimization and scenario-planning.