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Körber Elevate 2024: Chart Your Course

Logistics Viewpoints

The theme this year was “Chart Your Course” which Richard Stewart, EVP Americas at Körber Supply Chain pointed out, is all about overcoming supply chain complexities and challenges. Available to sell is the on-hand inventory minus any promised inventory. Available to promise is a reserve against incoming inventory.

Course 136
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Driving Rigor into Your Inventory Control Practices Helps You Win the Race

Logistics Viewpoints

Kind of like managing inventory in your warehouse. Poorly managed inventory will cause stress in the operation between departments. Here are some things you might be seeing with poorly managed inventory: Failures in on-time shipping driven by delays in finding inventory in time to make shipping commitments.

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Steps to Controlling Inventory Flow & Driving Warehouse Efficiency

GlobalTranz

Controlling inventory flow is a top priority among warehouse managers, and gaining control over inventory drives warehouse efficiency. Controlling Inventory Flow Begins With Liquidate Nonessential Products. This will help to prevent the reordering of slow-moving products and ensure optimum inventory levels.

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Don’t Take a Holiday from Inventory Management

Talking Logistics

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Getting the Right Tools for the Job.

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Inventories Continue to Grow

10xLogistics

For those who read this blog regularly, you know a key metric I track regularly is the Inventory to Sales ratio. Of course, inventory is built when information is less than optimal and therefore we miss forecasts or we feel the only solution to this problem of lacking information is to build inventory stocks.

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Macroeconomic Monday® - Inventory to Sales Ratio

10xLogistics

While I was out", the inventory to sales ratio in the economy has made a very nice move. While not even close to the post recession area it is starting to move down which indicates the bleeding off of inventory has begun. Of course, for transportation to tighten, and rates to go up, this will need to tighten some more.

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Beat your transportation budget this year without sacrificing service

FreightWaves SONAR

Retailers, manufacturers and suppliers have saved a lot of money on transportation costs in 2023 compared to the years before, but other parts of their organizations are facing persistent inflationary pressures on everything from energy and labor to cattle futures and the cost of money itself. Say goodbye to expensive inventory overhangs.