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Beware the Swinging Pendulum on Supply Chain Inventory Practices

Logistics Viewpoints

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?

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Why Is Promotion Planning Important In Inventory Management?

Logistics Viewpoints

Why should we consider Promotion Planning in Inventory Management? Whether it be e-commerce, brick-and-mortar, or both, retail companies care about the inventory they keep. During promotional management, especially for big events around special days and holidays, inventory levels need to be adjusted to meet the peaks in demand.

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Inventory Management Excellence: Some Companies to Learn From

Logistics Bureau

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? But consider, too, how you can turn those needs to your advantage in inventory management.

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Types of Ecommerce Inventory from Beginning to Ending

Ship Monk

Inventory” is a tricky word because it means different things to different people. If you are an inventory manager, inventory is the number of units you have on hand at any given time. If you are an accountant, inventory is an asset on a balance sheet tracked by its monetary value. Inventory Types for Manufacturers.

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Take Control of Your Inventory in 2021

SYSPRO Smarter ERP

As the ripples from 2020’s global events are still being felt throughout the manufacturing industry, now more than ever it is essential for manufacturers to manage their supply chain, forecast demand, and use production resources as efficiently as possible. The post Take Control of Your Inventory in 2021 appeared first on SYSPRO US.

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Logistics Unleashed: Unveiling the Most Pivotal Events that Shaped its Development

Logistics at MPEPS at UPV

In this captivating article, we delve into the annals of history to explore the most important events that paved the way for the extraordinary development of logistics as we know it today. The Silk Road acted as a catalyst for logistics, shaping the concepts of inventory management, transport planning, and risk mitigation.

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Supply Chain Optimization: Leveraging Integrated Scenario Planning as a Margin Multiplier

Logistics Viewpoints

Situation Companies are increasingly confronted with complex planning scenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises.