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Inventory Visibility: Definition, Benefits, Strategies to Improve It

Cyzerg

Clear inventory visibility is essential to meet customer demand and maintain competitive advantage. In this blog, we will discuss the definition of inventory visibility, its impact, and strategies to improve it.

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3PL Industry Trends and a Forthcoming Identity Crisis

Logistics Bureau

He suggested that businesses are more likely to prosper if they focus on meeting the needs of customers, instead of selling products. The first thing for any 3PL to do is to understand the nature of its market and the need it meets. Like other valuable contributions to marketing or other fields, Levitts premise was simple.

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TWI: Is it Time to Rethink Job Relations?

The Lean Thinker

The TWI Job Relations course emphasizes the importance of supervisors having “good relations” with their people, and giving supervisors the basic skills they need to develop and maintain those relations is clearly the objective of the course. That is the purpose of these meetings. Yours may be different.

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What is an ISO Tank Container?

MTS Logistics

ISO tank containers are a reliable, cost-effective (depending on the product being shipped) and definitely safe way of transporting bulk liquids. ISO tanks are designed to meet specific criteria according to the substance they will be carrying. Below are some of the benefits of ISO tank containers.

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Going digital: B2B eCommerce and what it means for manufacturers and distributors

SYSPRO Smarter ERP

It’s a strategic move you’ve likely pondered over countless meetings and budget reviews. Transitioning to a digital commerce platform that integrates with your ERP can enable you to meet customers’ self-service requirements, unlock new revenue sources, and deepen customer engagement and loyalty.

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A Guide to Supply Chain Key Performance Indicators (KPIs)

Logistics Bureau

If you are driving your car and you wish to maintain a speed of 50 KPH, you will use your speedometer to maintain that velocity. Once a given KPI shows that performance consistently meets or exceeds the required level, you can raise the bar and set a higher target. With KPIs, less is definitely more.

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Digital Transformation Journey in Supply Chain Planning

Logistics Viewpoints

You need to accept that data will NEVER be 100% clean and consistent or maintained promptly. Instead, the goal should be to focus on maintaining the inputs to ensure you are getting realistic insights and recommendations. . Maintaining all past and future promotional events in a database. Having accurate stock-out data.