Big retailers rushed to build up inventories last year amid soaring consumer demand and transportation bottlenecks — going so far in some cases as to rent their own cargo ships. Now, they’re trying to figure out how to sell all their stuff.
By optimizing operations within the warehouse, companies can make huge strides in reducing greenhouse gas emissions and boosting sustainability for the extended supply chain.
When shipping rates began to rise at the start of the COVID-19 pandemic, there was hope that the situation would be short-lived. Unfortunately, two years later, it has become clear that shipping issues are here to stay.
The last two years have seen a major shift in the technology available to manufacturers, supply chain and logistics professionals. Yet 3D models remain underutilized by those sectors.
Angela Robine, director of strategy-supply chain with VF Corp., talks about the challenge of taking the long view at a time when so many companies are struggling merely to survive.
The latest news, analysis, trends and solutions regarding inventory planning and optimization and its impact on supply chain management. New technologies in inventory planning and optimization are transforming the way companies operate - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using inventory planning solutions for supply chain optimization.
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