Inventory Management

How to Solve Inventory Pileup?

Monday, August 14, 2017 · Suman Sarkar
Regardless of the industry, too much inventory is piling up, robbing companies of working capital and profit. There's a better way.

Six Key Steps to Sustainable Procurement Success

Monday, April 18, 2016 · Shruti Agrawal
The purchasing function plays a vital role in driving revenue and requires superior capabilities to ensure long-term competency.

Inventory Management: Tips for Managing Inventory Cost in Packaging and Beyond

Wednesday, April 1, 2015 · Jeremy Lagomarsino
Developing a sound inventory strategy is complex, but it can be accomplished by exploring several tasks to help firms reduce investment without adding risk.

The Tip of the (Inventory) Iceberg

Saturday, November 1, 2014 · By Sandeep Gupta and Charanyan Iyengar
While most retailers focus on the inventory that is visible in their stores and distribution centers, too few pay attention to the hidden costs of high inventory.

How They Did it: Multi-Enterprise Collaboration at Intel

Monday, September 1, 2014 · John Dawson
Intel has always had superlative internal supply chain processes within its vertically integrated operations. But until recently, the same could not be said of one of its business units that outsourced to subcontractors around the world. In fact, the ad hoc nature of that…

Make Data One Part of a Strategy

Monday, September 1, 2014 · Becky Partida
Access to real-time demand and inventory data gives a more accurate picture of customer needs. But for real operational improvements, data is only one part of a strategy. Processes should be part of the focus too.

BOOK EXCERPT: Inventory Strategy—The Importance of Pruning

Monday, August 4, 2014 · Edward H. Frazelle, Ph.D.
Pruning a portfolio of SKUs is hard, but the benefits far outweigh the pain.

7 Steps to Optimal Inventory: Q&A with author Ed Frazelle

Monday, August 4, 2014 · Bob Trebilcock
Having the right product in the right place at the right time and in the right quantity—or the optimal inventory level—is blocking and tackling. Yet, many organizations struggle with the basics of inventory management.

Working Capital Performance Improves Marginally in 2013

Thursday, July 24, 2014 · Patrick Burnson
The amount tied up in excess working capital at nearly 1000 of the largest public companies in the U.S. is over a trillion dollars, according to the REL research

Continuous Replenishment Can Boost Logistics Efficiency

Thursday, May 1, 2014 · Becky Partida
Providing continuous replenishment to customers can have its benefits, but you have to get it right.

The Case for Managing MRO Inventory

Friday, March 1, 2013 · John M. Donnelly
In many organizations, maintenance, repair, and operations (MRO) inventory accounts for a significant slice—as much as 40 percent—of the annual procurement budget. Yet it is still not managed with the level of rigor typically applied to production inventory. There are five…

Changes in commerce have a direct effect on distribution networks and processes, says JLL report

Tuesday, May 29, 2012 · Jeff Berman
The ongoing upswing in e-commerce and mobile commerce activity continues to make a significant impact on how retailers, distributors, and third-party logistics approach distribution network processes, according to a new report from global real estate firm Jones Lang LaSalle…

Panjiva data shows slight shipment growth from October to November

Tuesday, December 20, 2011 · Jeff Berman
Slight signs of economic stability appeared to take hold on the global trade front from October to November, according to data from Panjiva

Innovative Logistics in Extreme Conditions: Lessons from Gambia

Tuesday, November 8, 2011 · Hau L. Lee, Sonali V. Rammohan, and Lesley Sept
Managing logistics in developing countries presents real challenges—from poor roads and unreliable vehicles to less than ideal warehousing options. When public health is at stake, the logistics issues are even more worrisome.

The Greening of Walmart’s Supply Chain…Revisited

Tuesday, September 13, 2011 · Erica Plambeck and Lyn Denend
In 2007, SCMR featured an article on Walmart’s burgeoning sustainability program, focusing on eight specific initiatives being undertaken at the company. Four years later, the author of that article, Erica Plambeck of Stanford, and colleague Lyn Denend revisit those…
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