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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. Mr. Elliott made two statements early in his presentation that stuck with me. Available to sell is the on-hand inventory minus any promised inventory.

Course 122
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Ecommerce Inventory Management: Challenges & Solutions

Logistics Bureau

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

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6 Critical Success Factors in Distribution Network Design

Logistics Bureau

Inventory levels: Current or expected inventory levels at various locations. Inventory turnover: Inventory turns for each SKU. Variable costs: Relating to transportation, labour, and inventory management. Supplier locations: Geographic locations of your suppliers and their lead times.

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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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Vendor Managed Inventory Model for Supply Chain Cost Reductions

GlobalTranz

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?

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Editor’s Choice: WMS Budget – Room for an Implementation?

Logistics Viewpoints

Transitioning from legacy systems presents hurdles that add to the true cost. Analyze potential gains – WMS spending makes sense when you consider that an implementation can save your organization between 15% and 25% in inventory, provide almost 100% inventory accuracy, and reduce labor costs between 20% and 30%.

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Cultivate a Stickier Customer Base Using WMS Add-On Technology

Logistics Viewpoints

The answer, of course, is yes. By integrating the solution with customer accounting systems and other billing software, such as timecards, customers can inspect current charges in real time for an accurate snapshot of present expenses leading to improved forecasting. But can technology do more?