In The Friday Round Up, we take a curated look back at the biggest insights and buzz about supply chain from the last week that are dominating the conversation in both national current events and global news coverage. Enjoy!
Being a distributor is all about “turning” inventory (selling everything you have in stock and then replenishing it). Here’s how to balance the scales just enough to keep your company profitable and your customers happy.
Congrats to our fellow Canadian supply chain industry experts (and feature blog contributors!) at Kinaxis on being crowned twice at the Best Ottawa Business Awards. Well-deserved wins for “Deal of the Year” and “Outstanding Company.”
Understanding and addressing community needs is becoming critical to business success. In Bell Bay’s case, helping the local community has led to logistical savings, improved socioeconomic conditions, and value-added supplier innovations.
What do you think about the supply chain and distribution implications of Amazon’s next move? Storefronts will bring foot traffic, but it looks like the primary purpose will be a “mini-warehouse” options for same day city delivery services.
Besides manufacturing, 3D printing technology stands to change the way 3PLs operate, especially those that provide global services. As the technology reduces manufacturers’ dependency on 3PLs’ distribution capabilities, 3PLs will need to adapt.