SCRC Meeting – Tom Linton’s “Supply Chain Eight” and Golden Winged Warblers : Questions Every New CSCO Should Ask Their CEO
Our 40th Bi-Annual Supply Chain Resource Cooperative meeting was a great success, culminating with the student gallery walk, featuring 27 undergraduate and MBA supply chain projects. The meeting was attended by over 80 executives, as well as numerous students and […]
Decoding the Signals of the Global Tariff and Trade Wars
What will global trade and commerce look like in the coming years, and how will it influence the business landscape? This question has moved to the forefront of executives’ minds as the US administration seeks to renegotiate relationships with key […]
Lead Logistics Provider Capabilities Will Require Customized Innovation
With the onset of cloud computing, automation, and machine learning, organizations are integrating their global supply chains, and finding themselves with more transactional data than they could have ever imagined. The question of how to convert this data to strategic […]
The Lowly Wooden Pallet is a Critical Conveyance in the Supply Chain
In a recent interview, discussions with Patrick Atagi, VP for Advocacy & External Affairs at the National Wooden Pallet and Contain Association (NWPCA) helped to educate me on just how prolific wooden pallets are in the global supply chain. Patrick […]
Excess and Obsolete Inventory: An Outcome of a Series of Unfortunate Events!
Inventory continues to be a problem for many companies. In particular, inventory that is considered “Excess and Obsolete” often accumulates and has to be dealt with – often at the end of the fiscal year. During tax season, this is also […]
1) Those stocks or items used to support production (raw materials and work-in-process items), supporting activities (maintenance, repair, and operating supplies), and customer service (finished goods and spare parts). Demand for inventory may be dependent or independent. Inventory functions are […]
Distribution Channel Design
The planned channels of inventory disbursement from one or more sources to field warehouses and ultimately to the customer. There are several levels in the distribution network structure. Source: APICS (8th edition)
Inventory positioning refers to the selective location of various items in the product line in plant, regional, or field warehouses. Inventory positioning has a bearing on facility location decision, and therefore, must be considered in the logistics strategy. Source: Ballou, […]
The distribution route, from raw materials through consumption, along which products travel.
A philosophy of production that emphasizes the minimization of the amount of all the resources (including time) used in the various activities of the enterprise. It involves identifying and eliminating non-value-adding activities in design, production, supply chain management, and dealing […]