Inventory Management: Back to the Basics

Emerging technologies have made it possible to conduct inventory management in a more efficient way than ever before, but that doesn't mean the basic tenets of the practice should be treated like yesterday's newspaper. In fact, remaining mindful of what we think of as Inventory Management 101 is just as important today as it was generations ago. Precise inventory management…

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2014 Supply Chain Predictions

With the onset of each new year, analysts begin making predictions of things to come. Some happen. Some don’t. Some are based on fact, others on wishful thinking. We found the set of predictions put forth by IDC Manufacturing Insights to be some of the better ones we’ve seen this year. We are specifically interested in predictions 3, 4, and…

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Evolution of a More Strategic Supply Chain

There is no arguing the fact that trying to stay afloat and be successful in a down economy is a stressful endeavor. As Brad Householder, principal, supply chain practice, at PwC is quoted as saying in Supply Chain Management Review’s Six Months Later, CEO’s Still Cautious About Supply Chain Management “From a supply chain executive’s perspective, the pressures have been…

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Moving Towards Supply Chain Perfection

Cliché and overused as it may be, the saying, “If you aren’t getting better, you are getting worse” is entirely on the money, particularly in the world of logistics. New technology and innovative process improvements are constantly shaping and revising industry best practices. Although one cannot say for sure what best practices will look like in five years, it is…

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Determining the Best Site for Your Distribution Center

Whether you are considering moving your current distribution center or opening a new one to serve increasing demand, site selection needs to be, as a recent Materials Handling and Logistics blog eloquently put it, “a labor of love, not a game of luck.” The above referenced blog post, aptly titled, Compete: Site Selection - Labor of Love, Not Game of…

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Controlling Inbound Shipping Costs

How much are you spending on inbound freight costs? In her recent Entrepreneur.com article, How to Control Your Inbound Shipping Costs, author, Samantha Blake states that “depending on the industry and size of the company a business can spend 40% of its annual freight budget on inbound shipping.” Because it is an area with such a high level of expenditure…

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Strategies to Reduce Over-Processing

No one starts out with the goal of being disorganized. Additionally, most processes aren’t designed to be cumbersome. They just get that way. Putting it in software terms, what starts as a simple “point and click” operation in Version 1 can get three and four levels deep by Version 3 or 4. What happens is that, over time, processes and…

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Commentary on On-Shoring Manufacturing

The prospect of an increasing number of large corporations moving manufacturing back to US soil is no longer a pipe dream. By many accounts, it is happening. Labor costs are rising in emerging markets, the costs of stateside production are going down, and manufacturers are realizing the hidden costs of manufacturing overseas. With the re-emergence of manufacturing on US soil,…

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Improving Inventory Management

It is no secret that a detailed inventory management process will result in many positives, including increased working capital, stock market valuations, and peace of mind. Those are topics for another day. But what are characteristics of a good inventory management operation? Material Handling & Logistics’ recent blog post Top 5 Solutions to Common Inventory Management Mistakes (written by Dusty…

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