SUPPLY CHAIN RESOURCE COOPERATIVE

Category Archives: Inventory Management

  1. The Supply Chain Resource Cooperative held its first ever “Executive Roundtable on Excess and Obsolete Inventory” on the NC State campus on October 25, 2017.  The event was attended by 25 executives from a variety of different industries and backgrounds.  Inventory Management Partners sponsored the event, and helped to bring together the format and content […]

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  2. The Supply Chain Resource Cooperative held its bi-annual Industry Partner Meeting in the Talley Student Center at North Carolina State University this past week.   The theme, Navigating the Future in an Uncertain Political and Regulatory Environment”, included a keynote I gave, followed by presentations from Jason Schenker (Prestige Economics), Tim Barnes (AsiaPacific Consulting), and […]

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  3. As we look back on the chaos that erupted during the pre-Christmas rush, discussions with executives suggest that there is still a long way to go.  Most logistics companies are still far from being able to fully integrate data and analytics to better manage.  Not many people are doing much with big data and we all […]

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  4. The SCRC meeting was a huge success yesterday. I led off the discussion and took this opportunity to share some of the highlights of my new book, The LIVING Supply Chain, (with Tom Linton as co-author), and try out some of these new ideas on an unsuspecting group of people!  The SCRC meeting featured a group […]

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  5. Stuart William was in one of my former MBA classes at NC State in 2008, and graduated into one of the worst economies ever in May of 2009. Upon graduation, there simply weren’t any jobs available at all! During that period, he networked with as many people as possible, including a fund raising arm at […]

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  6. I had the opportunity to accompany a group of executives from Anheuser Busch Inbev on a tour of Nike’s global distribution facility in Leuven Belgium this week.  Shipments arrive from Nike’s network of global manufacturers in Asia, including footwear, apparel and equipment.  Containers arrive at the port of Antwerp, and are transported by truck to a […]

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  7. I spent the last two days meeting with members of the Global Supply Chain and Manufacturing team at Nike, in Beaverton, Oregon.  Nike has developed a partnership with NC State’s Supply Chain Resource Cooperative, and we are working together to explore new approaches to creating a sustainable supply chain. The visit comes on the heels […]

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  8. As retailers prepare for “Black Friday”, what used to be the “biggest shopping day of the year” (the day after Thanksgiving), expectations are actually rather low.  A reporter on CNN noted that it was a “non-event”, and that even “Cyber Monday” (the Monday after Thanksgiving weekend) is no longer a big deal.  The fact is, […]

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  9. I had the opportunity to visit EMC’s manufacturing facility in Apex, NC this afternoon.  Brent Taylor, who I met the week before at Procurement Leader’s, took me on a tour of the plant. One of the first interesting things about EMC is that like many other manufacturers in the industry, EMC’s demand is highly cyclical, […]

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  10. A senior executive from a large global manufacturer came to speak in my MBA class this week, and discussed the major shifts in global business that was occurring due to the emergence of omni-channel capabilities in the supply chain.  His insights and presence were most appreciated by everyone, especially given the snowfall we were experiencing […]

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  11. As more data becomes available in the grocery and retail environment, organizations are re-thinking their supply chain processes to drive increased automation, improved performance, and increased inventory turns.  They are also re-thinking the design of their supply chains, thinking about how much of their product goes through distribution centers, distributed to stores, or shipped directly […]

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  12. We had another great set of student projects during our Spring SCRC student poster session.  Students presented a total of 26 projects, including both practicum projects from our undergraduates, our MBA, and the new Local Food Systems Class. A big part of the event involved the bi-annual student poster competition.  Executives voted on the best […]

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  13. Sebastian Naskarkis learned more about the ins and outs of produce quality inspections than he ever dreamed.  Sebastian is a first year MBA student and NC Growing Together Research Fellow who presented in my Local Foods class yesterday, and shared many of the insights he learned while working in a large food distribution center in […]

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  14. Ken Torok came to my class on Monday evening, and provided a delightful discussion on total cost of ownership.  The class was focused on building and developing cost models, both for should-cost modeling, as well as total cost modeling.  After providing an introduction to the concept of TCO, I introduced Ken to the class.  This […]

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  15. Historically, businesses have used one of two extremes for inventory management: push-based or pull-based. Push-based inventory management uses demand forecast to manage inventory and replenish from the supply base.  Pull-based inventory management, on the other hand, uses consumption to replenish from the supply base and manage inventory.  The push-based method relies heavily on forecast accuracy and […]

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  16. Logistics complexity – in the form of fragmented channels, increased product variations, and consumer demand for customized solutions – has been increasing, according to a global study published recently by BVL International, a worldwide supply chain and logistics membership organization. “Several trends identified in the study demonstrate that a number of major challenges lie ahead as […]

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  17. Recent discussions with consumer goods companies reveals that margin management is becoming an imperative that goes far beyond just taking out cost of goods sold, or using full truck loads on shipment. CPG companies are seeking to continuously drive profit margins on the products they sell in retail stores – and the world of retail […]

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  18. Jeff Holcomb, Senior Vice President of Customer Operations and US Transportation at Ralph Lauren’s offices in Greensboro, NC spoke in my MBA supply chain class last week.  He told the story of when Ralph Lauren came to visit the Greensboro offices, and shared his previous experiences.  Apparently, Lauren once had an idea about creating a […]

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  19. I recently interviewed a senior logistics executive at one of the top three largest logistics service provider firms in Brazil.  This gentleman provided a very cogent and insightful set  of ideas about what is happening in the logistics environment in Brazil.  Brazil is one of the four largest growth market in the world, and with […]

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  20. This summer we kicked off a new research project being sponsored by for BVL International entitled “Trends and Strategies in SCM/Logistics”.  BVL International is a non-profit neutral platform to promote an awareness logistics and supply chain management in industry, science and the public sphere, to systematically document logistical problem definitions, and to develop methods and […]

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  21. I sat in on a panel debate today at the World Trade Group meeting for Supply Chain and Logistics Europe in Berlin.  During the panel, I had an opportunity to speak with Clemens Woerhle, Head of Beiersdorf’s global end to end supply chain operations, including manufacturing, logistics procurement, and S&OP. Most of you have probably […]

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  22. I had an opportunity to meet with the executive team at Honeywell Aerospace in Phoenix this week, and learned a great deal about the interesting challenges that exist in the aerospace supply chain.  As can be expected, Honeywell has only a few major customers (Boeing, Airbus, Embraer, etc.) in commercial, and a slightly larger amount […]

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  23. An article in the WSJ provides an interesting set of perspectives on what increasing or shrinking inventory numbers might mean in terms of an organization’s supply chain performance.  As I noted in an earlier blog, inventory is often an indicator used to measure how efficient supply chains are, as is considered a key component in […]

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  24. In a recent set of interviews, I had an opportunity to learn about some of the recent developments in the aerospace industry, that is happening in both commercial and defense sectors.  As organizations seek to drive inventory out of the supply chain and improve working capital, while simultaneously reducing leadtimes and customer responsiveness, they are […]

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  25. David Theleman, Vice President of Business Development at Genco Lifecycle Logistics presented in my MBA class today, and gave a fantastic overview of the emerging area of reverse logistics. Once viewed as a necessary evil associated with being in retail, some companies are partnering with third party logistics like Genco to render RL more of […]

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