An interesting case study of inventory. You can see that it still is an issue of great importance to businesses.
Accurate knowledge of demand flow is very important in predicting the amount of inventory to carry, if the product is selling fairly frequently.
The authors found that a few big customers were placing unusual big orders and that was driving outages. We’ve known this for 30 or more years; I observed it at a disk drive company I was product manager for in Silicon Valley. Manage the big orders and you manage inventory.
But that does not reduce the value of inventory models and predictions of service level.
via Are You Keeping the Right Amount of Inventory?
Dan Gilmore of Supply Chain Digest talks more about the 2018 version of the annual study of 3PLs by Dr John Langley. Blockchain is mentioned, but does not seem to be grabbing much mindshare among 3PL firms. It’s possible that’s because they don’t see how it will make their life easier or more profitable. In fact much of the press talk has been about how 3PLs will be negatively impacted by having to use a particular blockchain repository for their transactions, revealing them to everyone who is a member of that repository. It’s a good question, and Dan reflects sagely on it.
I’ve included a link to the pdf of the report below. You can also get it by registering on Dr John Langley’s site.
Special Topics Review Includes use of Blockchain, Automation and Digitization, and Talent Management
Source: Supply Chain News: Highlights from the 22nd Annual Third-Party Logistics Study Part 2
Dr. John Langley of Penn State Leads Research Once Again; Dreaded 3PL IT Gap Jumps Higher after Falling for Many Years
Source: Supply Chain News: Highlights from the 22nd Annual Third-Party Logistics Study part 1
Pdf of study: 3PL_2018_Study
Posted in Logistics, Service Management, Strategy, Supply Chains
Tagged 3PLs, blockchain, langley study, Logistics, performance, research, supply chains, transportation
The white paper lays out stages of maturity for digital transformation (DX is the acronym now being used!). I’ve not seen that before, and I wanted to see when someone would come up with such a notion.
This white paper explores the connection between enterprise digital transformation and the necessary restructuring that results in the supply chain.
Source: Digital Transformation Drives Supply Chain Restructuring Imperative – Supply Chain 24/7 Paper
Here’s the white paper. You can also get it from the link above.