Inventory management is vital for balancing supply and demand, minimizing costs, and maximizing efficiency in businesses, and just so happens to be the topic of conversation in this week’s new episode of Whiteboard Wisdom! In this conversation with Scott Luton, supply chain expert Marcia Williams discusses five key inventory management metrics that every supply chain professional should master. Join us as Scott and Marcia emphasize the importance of understanding the concept behind each metric and how they can vary depending on the industry and company strategy. Tune in to learn more about the need for continuous measurement, why you should adjust these metrics to reflect changes in the business environment, and so much more!

In today’s episode of Supply Chain Now, we discuss the imperative of leveraging innovation within the supply chain sector, particularly as it pertains to advancements in warehouse automation. Welcome to The Buzz! Today, hosts Scott Luton and Allison Giddens welcome special guest Kait Peterson, VP of Marketing for Locus Robotics, to the show. Listen as they discuss: The fascinating intersection of robotics and artificial intelligence, which is profoundly shaping the grocery fulfillment landscape Pressing industry challenges, including labor shortages and the necessity for businesses to adopt flexible operational strategies to navigate the tumultuous market environment The importance of leadership within the supply chain domain, and the necessity of cultivating authentic connections in leadership roles Supply chain sustainability, spotlighting Mars’ innovative approaches to cocoa cultivation through gene editing A holistic view of supply chain management that integrates technological innovation with ethical considerations and environmental stewardship Join us for a wealth of insights into the future of supply chain management, underscoring the criticality of adaptability and technological integration in achieving sustained success.   This episode is hosted by Scott Luton and Allison Giddens, and produced by Trisha Cordes, Joshua Miranda, and Amanda Luton.   Additional Links & Resources Check out all the…