Survey Shows Supply Chain Decision-Makers Prioritize Inventory Turnover
Supply Chain Brain
MARCH 26, 2024
77% of of supply chain professionals said they prioritize inventory turnover, while 57% highlighted the need for forecast accuracy.
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Supply Chain Brain
MARCH 26, 2024
77% of of supply chain professionals said they prioritize inventory turnover, while 57% highlighted the need for forecast accuracy.
AIMMS
APRIL 26, 2021
The post 5 Key Takeaways from our 2021 Inventory Optimization Survey appeared first on AIMMS.
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SYSPRO Smarter ERP
NOVEMBER 21, 2022
Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.
Logistics Viewpoints
FEBRUARY 3, 2022
Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?
Logistics Management
APRIL 12, 2021
Retail Market Report: 2021 inventory optimization survey
Blue Grace Logistics
NOVEMBER 3, 2023
Glenn Taylor | Sourcing Journal November 02, 2023 In an improving sign for the retail supply chain, the majority of shippers surveyed by third-party logistics (3PL) provider BlueGrace Logistics—64.4 Although more shippers anticipate revenue fluctuations negatively affecting inventory in Q4 (16.4 percent compared to Q3’s 13.3
SYSPRO Smarter ERP
MAY 4, 2022
Complete halts result in backlogs and delays, which will impact warehouses and more importantly, their inventory management. Inventory takes many forms, ranging from raw materials to finished goods. Inventory exists because a buffer is needed to balance out the uncertainties between demand and supply. Survey findings.
Logistics Business Magazine
NOVEMBER 28, 2022
A new survey suggests that a single view of inventory is becoming increasingly important in retail logistics. Single view of inventory. And, only 6% of retailers believed that they had an accurate overview of their inventory across their entire business (in-store and online) 100% of the time.
Blue Grace Logistics
OCTOBER 9, 2023
Cassidy | JOC.com September 25, 2023 US shippers uncertain about sales and order volumes this holiday season are likely to increase less-than-truckload (LTL) shipments despite lower truckload rates, data from an industry survey suggests. Everyone is sitting on a tremendous amount of inventory,” Lockard said. 31 earnings call.
Logistics Business Magazine
JANUARY 19, 2023
Manhattan Active® Omni suite has expanded its support of RFID tags for automating and streamlining the inventory counting, receiving, picking, checkout, return and exchange processes. With this new solution, retailers can make more accurate promises, increase conversion rates and maximise inventory exposure for selling.
Blue Grace Logistics
JUNE 27, 2023
based non-asset-based 3PL BlueGrace Logistics, pointed to variation across some key metrics, including revenue, inventory levels, and order levels, with a forward-looking slant. Markets could be driven by increased consumer demand or increased sales/promotions to clear stagnant inventory, or both.
Talking Logistics
MAY 6, 2019
The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance. And it begins with improving their inventory accuracy. The Inventory Accuracy “Confidence Gap”.
Logistics Management
NOVEMBER 7, 2022
The bigger picture revolves around continued struggles with upstream supply chains, inventory management and space. Capital expenditure expectations for the coming year declined, though there are still signs of sizable automation budgets and interest in warehouse technology.
Shipping and Freight Resource
APRIL 14, 2021
With their inventories drawn down during the consumption frenzy, shippers continued to move freight over the China-US West Coast trade lane, ensuring tight capacity and continued vessel pileup at the ports. A report will be developed based on the survey responses and will be sent out to the respondents’ email addresses upon release.
Fleet Owner
JANUARY 11, 2018
Discontinued in 2002 after nearly 40 years, the Federal Vehicle Inventory and Use Survey (VIUS) may be restored if enough funding is allotted.
Logistics Management
NOVEMBER 2, 2021
But underneath those positives are strains, led by concerns about labor and inventory turns. Capex budgets and headcount are both up amid signs of expansion. Applying more technology, say respondents, is the path forward.
Blue Grace Logistics
JULY 13, 2021
Digitalization ensures supply chain connectivity by allowing enterprises to engage and communicate more effectively, improving predictions, demand, inventory, and shipments. According to the survey, only 2% of organizations said that they were well prepared for the pandemic. Inventory Optimization. Workforce Visibility.
Logistics Viewpoints
FEBRUARY 1, 2023
The Conference Board ( conference-board.org ), a well-known, global business membership organization, conducted its C-SUITE OUTLOOK survey in the fall of 2021. Its survey results showed supply chain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs.
Logistics Viewpoints
FEBRUARY 15, 2023
Results from The Conference Board’s C-SUITE OUTLOOK survey showed supply chain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs. Here are some preliminary survey results thus far. There are numerous indications that supply chain is more critical than ever.
Logistics Viewpoints
JUNE 21, 2023
It introduced the survey we had just launched to determine the perceptions, priorities, and strategic initiatives of today’s supply chain and logistics executives. This post was subsequently followed by two articles that discussed some of the findings from the survey. And they must be capable of adapting to various demands.
Talking Logistics
SEPTEMBER 24, 2018
Note: The following is an excerpt from “ Omni-Channel Logistics Leaders: Top 5 Inventory Insights ,” based on research conducted by Adelante SCM and LEGACY Supply Chain Services with input from nearly 100 supply chain professionals from retail, manufacturing, and logistics service providers companies in the United States and Canada.
EazyStock
JULY 20, 2020
Inventory is the biggest entry in the balance sheet of many distribution companies and fast deliveries are becoming increasingly important in today’s digital world – especially as an increasing number of people are working remotely. Here are some ways technology can help you simplify inventory management.
Supply Chain Brain
AUGUST 21, 2020
What does best-in-class forecasting and inventory management look like? Now in its ninth year, E2open’s 2019 Forecasting and Inventory Benchmark Study is the most consistent, comprehensive and useful study of its kind.
Camelot 3PL Software
JANUARY 14, 2021
But it is possible to reposition inventory to better respond to such events. When inventory has been pre-positioned in readiness for disasters, it can support the third-party organizations that respond and assist communities. It may be impossible to ensure your business or organization is entirely natural disaster-proof.
Logistics Viewpoints
JUNE 16, 2022
According to a survey by Gatepoint Research, 40% of retailers are focusing on this as one of their 2022 priorities. Step One: Right Inventory in the Right Location. To provide this service, inventory must be close to the customer therefore stores are fast becoming a key part of the digital experience.
Logistics Viewpoints
APRIL 5, 2023
This survey-based research gathers quantitative data as well as information on practices or performance drivers. This report provides a cross-industry perspective on digital transformation in logistics including digital maturity in inventory management, transportation, fleet maintenance, safety and compliance, and more.
SYSPRO Smarter ERP
JANUARY 31, 2022
We recently surveyed CFOs and finance executives in the manufacturing and distribution sectors to study how the pandemic has impacted their businesses. 2. Managing working capital, cash flow, and inventory costs. investments), cash flow, and rising inventory costs rank as the second-highest CFO priority for 2022.
Blue Grace Logistics
DECEMBER 11, 2023
-based non-asset-based 3PL BlueGrace Logistics presented a mixed outlook, regarding things like revenue outlooks and inventory rebuilding, heading into 2024. Current demand is high enough to reduce some inventory and therefore lead to some add backs in Q1 2024,” he said. This also supports an inventory rebuilding environment.”
Material Handling and Logistics
JANUARY 29, 2019
A recent survey of supply chain executives reported that visibility (21.1%), fluctuating consumer demand (19.1%), and inventory management (13.2%) were their biggest challenges.
Logistics Viewpoints
MAY 25, 2021
Though corporations are starting to pay attention to supply chain sustainability, less than half of those surveyed in the CSCMP report know how to make their processes more sustainable. For retailers, supply chain sustainability is part of the conversation about inventory.
Blue Grace Logistics
AUGUST 30, 2023
And it added that by analyzing revenue forecasts, inventory levels, and order volumes, it provides industry stakeholders with valuable insights into what to expect next quarter and how that reflects the freight market. For inventories, BlueGrace observed that positive inventory sentiment saw an 11.9% growth rate. growth rate.
Ship Monk
FEBRUARY 9, 2024
This type of data must be actively gathered by researching market trends, analyzing the competitive landscape, conducting consumer surveys and focus groups. If you’re not careful, the costs of forecasting can outweigh the potential savings in inventory costs. Qualitative data is more subjective.
Logistics Business Magazine
SEPTEMBER 27, 2023
Zebra Technologies Corporation today released the findings of its 2023 Global Warehousing Study, which confirmed 58% of warehouse decision-makers plan to deploy radio frequency identification (RFID) technology by 2028 which will help increase inventory visibility and reduce out-of-stocks.
GlobalTranz
OCTOBER 25, 2017
Inventory tracking is among the top areas most impacted by omnichannel supply chain strategies, and consumer spending habits are forcing inventory tracking technology to evolve, making sure consumers can get the products they want, through the media and channels they want, and at the prices they want.
Blue Grace Logistics
MARCH 20, 2023
Shipper's Guide to Planning Ahead Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - March 20, 2023 Data shows there is a consensus that revenue will increase and inventory levels will build. This was seen in the survey.
Logistics Business Magazine
APRIL 5, 2019
Crucially, the lack of visibility is affecting organisations’ performance and the foremost problems that surface are: – Excessive inventory levels. The post Visibility & Fulfilment Survey Results appeared first on Logistics Business® Magazine. – Increased waste. – Lost sales due to products not being available.
MTS Logistics
JUNE 30, 2023
Recent market insights found the following: “According to a latest global shipper survey, 75% of shippers who use LCL plan to continue or increase it in 2023. Shippers can move only the inventory they need to meet demand instead of wasting unnecessary time filling a 40-foot container. Diversify the shipping portfolio.
GlobalTranz
MAY 15, 2015
The results have been tabulated for the 68th annual Survey of Distribution Operations. By identifying the most pressing concerns in the industry, the survey provides statistics and conclusions which the distributors can use to help maintain their business evolution in our technology based world. Demographics.
The Logistics of Logistics
SEPTEMBER 12, 2020
He was recognized as the undergraduate faculty member who had the greatest impact on students based on the 2017 graduating senior survey. The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. Inventory management.
Logistics Viewpoints
JUNE 29, 2023
A recent report says that more than 77% of companies said, in a survey, that they are investing in deeper and more collaborative supplier relationships to improve resilience and agility. Consequences of Lack of PO Collaboration Capabilities Failure to prioritize PO collaboration can lead to severe consequences for companies.
Blue Grace Logistics
JUNE 23, 2023
By analyzing revenue, inventory levels and orders, shippers can gain a comprehensive understanding of market dynamics and position themselves strategically for success. Q3 reveals a positive trend in anticipated revenue, with only a 4% decrease reported across all shippers surveyed. Inventory optimization.
Logistics Business Magazine
MAY 29, 2019
The future of the UK’s fast expanding subscription box market (subcom) looks bright if trends in the US are anything to go by – according to a new State of Subscription Commerce survey. 24 percent – Inventory Accuracy. • 16 percent – Inventory Obsolescence. With the number of UK deliveries predicted to grow from 40.1
Locus
MAY 20, 2024
A recent survey forecasts that retail sales will soar to $32.76 JIT – Just In Time Just In Time (JIT) is a strategy that involves managing inventory to receive goods only as they are needed in the production process. SKUs are essential for retail businesses to track inventory, optimize stocking, and improve order accuracy.
SYSPRO Smarter ERP
MARCH 21, 2022
Several surveys have reported how SCM in recent years has moved from being a cost center to one responsible for offering superior customer experience and delivering competitive advantage. Primarily this meant increasing inventories as opposed to other strategies like nearshoring. How Supply Chain Management is changing.
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