ABC analysis is a system for inventory control used throughout materials and distribution management for a wide range of inventory items, such as manufactured products, components, spare and aftermarket parts. Inventory optimization in supply chain, ABC analysis is an inventory categorization method which consists in dividing items into three categories, A, B and C: A being the most valuable items, C being the least valuable ones.

Latest Video Richie Etwaru, founder and CEO at Hu-manity.co, which classifies human data as human property, joins us from the MHI Fall 2018 Conference, where he delivered a keynote on blockchain applications and its promise for the future of supply chains. Forward Thinking American Logistics Aid Network is mobilizing the logistics community to support disaster-relief efforts in the Southeast in the wake of recent tornadoes and floods. Forward Thinking U.S. Businesses lack focus on people, processes and partnerships when it comes to adapting to an increasingly digital business world, Telstra study shows. Forward Thinking Software provider leverages parent's resources to develop AI, IoT, big data tools in Korber Digital Lab. Forward Thinking Infrastructure improvements can help trucking companies conserve fuel, reduce emissions and lower bills, study shows. Forward Thinking Retail robot vendor Bossa Nova says automation and robotics are better solution than employee cycle counts.

Forward Thinking Research consortium targets transport and logistics with initiative launching in 2020. Forward Thinking Facility reports rise in ships plugging into landside electric grid to reduce diesel emissions. Forward Thinking According to a survey from the consulting company The Hackett Group, significant 'alignment gaps' exist between what procurement organizations see as critical procurement capabilities and their current abilities. Forward Thinking Platform from Environmental Defense Fund collects case studies, expert advice, personalized assessments.

Forward Thinking Autonomous delivery robot aims to help retailers compete in e-commerce market, speeding same-day and last-mile delivery processes. CSCMP Notebook CSCMP's Hot Topic publication explores why innovation and customer experience are key factors for all businesses. The Council of Supply Chain Management Professionals has launched a new podcast series, 'Supply Chain Conversation.' Now members have the chance to participate. The two-day conference in Warsaw, Poland, will focus on real-world strategies companies can implement to maximize and transform their supply chains. CSCMP publication offers key steps companies can take to get the most out their data.

Both organizations are now offering joint enterprise membership packages to new corporate members.

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