| Articles Tags | Inventory Management

How Precise Forecasting Tames Item Proliferation

Accurate forecasts enable better planning, lower inventory and manufacturing costs, and improved service levels. By limiting line item proliferation, precise forecasting reduces errors significantly for new product launches. New products lack the history required for traditional demand planning methods. In the same way that the financial industry uses algorithms to sort through masses of market […]

Alan Sargent: A Sweet Confection Connection

Alan Sargent is supply chain and logistics director with Just Born Quality Confections, the Bethlehem, Pa.-based company behind PEEPS®, MIKE AND IKE®, and HOT TAMALES® candy brands. He has held this position since August 2005. Responsibilities: All logistics and transportation functions. Experience: Plant logistics and distribution manager, customer service facility manager, and logistics operations planner, […]

Neal Walters, Matthew Getz, and Mike Piccarreta

September 29, 2016 | Inventory Management | Supply Chain | Supply Chain Management

Reshape and Refresh Your Product Portfolio for a Streamlined Supply Chain

Organizations embrace periods of strategic portfolio expansion as a lever to improve top- and bottom-line growth. But in the wake of product proliferation, portfolio complexity emerges with unanticipated supply chain consequences that can significantly impact customer service, quality, and cost. The accumulation of products spanning multiple life-cycle stages may redirect the organization away from its […]

Balancing Inventory for a Better Customer Experience

Q: How is e-commerce impacting inventory management for retailers? A: Inventory is a costly investment for retailers. With the growth of e-commerce, retailers have identified a potential opportunity to reduce working capital by thinning inventory at brick-and-mortar stores—opting instead to maintain major portions of inventory at distribution centers upstream. By adopting this strategy, retailers are […]

Making Scents of Demand Planning

Bedoukian Research juggles small batch production with intermittent demand by getting smart.

The Automotive Aftermarket: Time for a Tuneup?

By diagnosing and responding to three service alerts—omni-channel retail migration, Mexican plant expansions, and the Trans-Pacific Partnership—automakers, parts suppliers, and 3PLs keep the aftermarket engine purring like a kitten.

| Inventory Management | Logistics | Technology | Warehousing

IoT in the Supply Chain

The Internet of Things will make the supply chain as we know it a thing of the past. Let our experts plug you in to the latest IoT know-how.

Building the Connected Warehouse

Boxes, pallets, and forklifts aren’t the only things that move throughout a warehouse. Data also flows across a range of warehouse business processes, from the receipt of goods to storage and tracking, picking and packing, and outbound transportation. How effectively a business utilizes that information has a massive impact on warehouse and supply chain performance. […]

Azteca Foods Craves Inventory Management System

Azteca Foods spices up inventory tracking with an advanced automated system that doesn’t cost too much dough.

October 22, 2015 | Inventory Management

Product Philanthropy: An Efficient Way to Move Unwanted Inventory

While businesses have made great strides in inventory management, many have yet to adopt a truly efficient, cost-effective process for moving unprofitable stock. Discounting merchandise eats into profits and devalues the corporate brand. Liquidating is even less profitable and more laborious. As a result, many otherwise efficient operations end up housing idle stock far longer […]

Inventory Replenishment: Why Push When You Can Pull?

Today‘s supply chains are undergoing significant pressures to become more demand-driven. Retailers, distributors, and manufacturers must choose the approach they hope will make the most profit. Should you produce goods according to demand forecasts, or by reacting to what consumers already bought? Companies are investing in a new generation of cloud technologies that enable the […]

May 20, 2015 | Inventory Management | Logistics | Supply Chain Management

Finding an Inventory Solution That’s Just Right for Your Small Business

Inventory management, put simply, is ensuring you have the right amount of product in the right place at the right time. It helps you determine which items sell well, and which do not, giving you the ability to adjust product levels accordingly. As such a crucial step in the supply chain, the importance of good […]

Communication is Key When Optimizing Logistics Networks

Within any logistics network there are vendors, warehouses, distribution centers, service operations, transportation routes and hubs, carriers, freight forwarders, importers, exporters, and more. The idea of optimizing all of it is enough to give anyone a splitting headache. The goal of optimization is to reduce costs while becoming more efficient. To do this, some companies […]

The World is Your Warehouse, 2.0

Inbound Logistics regularly reports on the benefits of better linking demand to supply lines. Given the new and ever-growing crop of supply chain technology solutions delivering global visibility and ability to execute, we sometimes refer to the world as your warehouse. That’s why Apple’s patent #8,989,773 caught my eye. Granted on March 24, 2015, by […]

Designing a New Strategy for a New Year

With the New Year upon us, retailers and manufacturers need to rethink their supply chains and find new ways to work together, according to the 2016 Future Supply Chain, a report from the Global Commerce Initiative and Capgemini. Here’s a look at some external and internal industry trends from a Lean perspective. It’s not hard […]

February 9, 2015 | E-commerce | Inventory Management | Retail

Searching For the New Perfect Order

The growth of omni-channel retailing has driven a shift in what constitutes the “perfect order” — from a traditional, sequentially linear design to an exponentially more complex, interconnected model. It’s a shift driven by customer demand that requires the retailer to manage orders, shipments, payments, and returns within the retailing organization and across a vast […]

February 2, 2015 | Inventory Management | Warehousing

How to Make Physical Inventory Counts Less Stressful

Small business owners may struggle finding time to interact with customers, let alone counting inventory and checking for inaccuracies in the warehouse. Although technology tools can help manage inventory, you must implement systems in-house that account for physical stock counting. Many product-based businesses will ditch the annual inventory count and opt for something a little […]

Keeping Vendor Risk Under Control During the Holiday Season

‘Tis the season to be jolly. Yet, for logistics managers, ‘tis perhaps the most stressful time of the year. With businesses offering customers attractive deals and promises of just-in-time delivery, logistics managers are under tremendous pressure to make sure that customer orders are fulfilled in time. Nobody wants to see their name in front-page headline […]

Supply Chain Integration + Collaboration = Time Travel?

Debunking these five myths helps retailers and manufacturers see the real value of dedicated returns management.

Why Retailers Put Their Sleighbells on in May

The sun is shining and the weather is warm, yet the world’s top retailers are humming holiday tunes and preparing for the busy season ahead. Retailers often prep for holiday delivery logistics months in advance, but 2014 saw them beginning preparations earlier than ever—in May. And who could blame them? We all remember last year’s […]

Inventory Management

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