Analyst Insight: Ever wonder why a majority of inventory optimization projects struggle to completely realize potential benefits? Most companies focus solely on inventory strategy, without taking a comprehensive, holistic approach. Taking the holistic approach introduces two additional levers to inventory optimization - business alignment and execution excellence - which, coupled with inventory strategy, enable supply chains to achieve strategic and targeted performance improvement goals. We call these the three rings of inventory optimization. - Rodrigo Cambiaghi, Principal; Claudio Menegusso, Senior Manager; Mark Johnson, Manager; and Saurabh Jha, Senior, all in the Advisory Services of Ernst & Young LLP
For 130 years, Chicago and New York City have been locked in a battle of the skyscrapers. Nine of the tallest buildings in the U.S., as well as more than one-half of the nation's towers greater than 785 feet, were built in just those two cities.
Supply chain consulting and IT services firm enVista has launched Enspire Commerce, a cloud-based, multi-tenant architecture solution focused on omnichannel selling, optimization, fulfillment and integration for small to mid-market retailers, distributors and third party logistics service providers.
ToolsGroup has released Instant Replay, a new supply-chain simulation tool. It allows planners to review historical events and compare multiple scenarios at the daily, customer and SKU-location levels.
Redbox has an unusual supply chain, with 10 new product introductions a week and no replenishments. An algorithm effectively allocates new DVD's among 43,000 kiosks, but this allocation is quickly skewed when customers use different kiosks to rent and return. Matt James, vice president, explains how the company solves this problem.
Like C-3PO and R2-D2, some robot pairs are a match made in mechanized heaven. Now, a new team, Fetch and Freight, can eliminate much of the efficiency-botching human labor from warehouses, getting that Amazon shipment to your door faster than ever.
Unleashed Software, a developer of inventory-management applications delivered through a software-as-a-service (SaaS) model, has integrated with Intuit's QuickBooks Online business and financial-management software.