Inventory is an asset Logistics is the science and art of providing availability of items for users. Inventory is all the items purchased and/or made by a business but not yet sold. A core part of the logistician’s role (in a brand company or at a 3PL) is to optimise the amount of inventory within a shipper (or brand owner) … Read More
Realities in the adoption of Supply Chains technologies
IT needs of different groups Supply Chain professionals must be aware of current and new technologies that can improve the movement and storage of goods, but also be aware of the realities concerning adoption and implementation. Each group in a supply chain (shippers, LSPs and product sellers) has a role in many supply chains, but their technology needs will differ, … Read More
Reducing Power and Dependency in Supply Chains Cloud
Risks when relying on the Cloud Data and information have value, so organisations need to ideally own, manage and control their supply chain data and information. But this can be a challenge in a Cloud based IT world. The continual message about ‘partners’ and ‘partnerships’ in business can hide the fact that suppliers are in business to make a profit. … Read More
Visibility through Supply Chains is more than IT
What is Visibility? Visibility has been a supply chain buzzword over the past twelve months. The better a Logistician can view what is happening through their supply chains, then responses when activities go ‘off plan’ should improve. But what does visibility mean for Logisticians? There are two aspects; one is to ‘see’ the physical movement and storage of goods and … Read More
Climate Change action process for your Supply Chains
Few years remain to make climate change decisions Success and failures in responses by governments and business to the COVID-19 pandemic has been a learning exercise for all. These lessons will be useful concerning the disruptions that are likely to occur due to climate change. In 2019, the Intergovernmental Panel on Climate Change ()IPCC) stated in its report “limiting global … Read More