Vendor-managed inventory partnerships strive to improve efficiency by allowing suppliers to maintain the inventory of their products at the stores and other locations operated by their partners in the supply chain. VMI relies on a tight-knit collaboration between supplier and buyer to improve product availability while decreasing excess inventory.
Supply chain financing allows companies to delay paying for transportation or goods while suppliers are still paid quickly – for a fee. While it might seem counterintuitive, participants say it’s a win-win for all. Here’s how it works and trends worth watching.
E-commerce is redrawing the landscape for freight transportation. Do truckload carriers have a place in this new world of high-velocity supply chains, especially as shipments get smaller and delivery windows shrink?
Over the years, we watched with growing concern as the consolidation of the domestic small package/express market turned in to what looked and acted like a two-company oligarchy. It was clear that two companies dominated the current and future parcel express market for U.S. shippers.
One of America’s iconic food brands says it is investing to create an efficient and nimble supply chain that can respond to a changing consumer while meeting its customer’s requirements
Entitled WMx, XPO said this offering, which is geared towards mobile devices, paves the way for the “rapid development and integration of automation and robotics” that is much lower than typical start-up times.
The endeavor, which is comprised of expanded service into 57 countries and territories, including Brazil, India, and South Korea, and five new countries receiving Express service, including Bangladesh and Madagascar, said UPS.
Learn how pallet strength, stiffness and other functionality characteristics impact supply chain efficiencies.
As the 2018 Retail Supply Chain Conference concludes this week in Phoenix, leading industry indicators point to continued consumer confidence.
The company said this offering enables customers to focus on exception management through track and trace data in tandem with power machine learning algorithms for its 3PL and freight broker customers to handle real-time load matching.