Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Interestingly, in Q3 2023, 38% of manufacturers, distributors and retailers missed their target for revenue guidance for the quarter. The result was restatement.

Supply Chain Design Software 345

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 345

ToolsGroup

JULY 25, 2023

The two companies recognized the tremendous potential for a partnership that could meet the increased demand for supply chain solutions across Europe and Latin America. With a strong focus on innovation and quality, we prioritize the human aspect of our workforce, spread across offices in major cities in Spain and Latin America.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Software Forecasting Software 156

RFgen

JUNE 2, 2023

A New Perspective on Inventory Management Inventory management can feel like a constant game of cat and mouse—chasing after ever-changing demand while trying to balance stock levels. As revealed in the RFgen Digital Inventory Report , a major challenge in inventory management is having too many challenges.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Optimization Software Supply Chain Software 52

QAD

OCTOBER 22, 2019

JITS is the acronym for “just-in-time-sequence,” a common supply chain practice in the automotive industry that eliminates or significantly reduces the need to maintain parts inventory at the assembly plant. Needing to carry only a few hours worth of inventory, thereby savings on inventory carrying costs and working capital.

North America 74

North America America Material Savings Inventory Reduction 74

BlueYonder

MAY 30, 2024

As vehicles become more connected, autonomous, electric, and customizable, automotive manufacturers are increasingly evolving into technology companies. Unlike traditional manufacturers, technology companies operate with greater agility and responsiveness. As we heard at the conference, the vehicle logistics industry is responding.

Conference 90

Conference Logistics Network Optimization Software Supply Chain Planning Software Cost Reduction Strategies 90

The Logistics of Logistics

MARCH 18, 2013

The top warehouses in North America were recently profiled in a great article by the fine folks at Modern Material Handling. auto manufacturing market melted down, I was conducting value stream mapping workshops at tier one suppliers (Magna, TRW, Yazaki, Johnson Controls, etc.). Top Warehouses in North America. Genco ATC .

North America 135

North America Warehousing America Logistics Network Optimization Software 135

Logistics Viewpoints

JULY 31, 2023

S-curves have been applied to product development, returns from an IT project, a new manufacturing process, and other business activities as well. It was believed a SCP transformation would reduce inventory, improve service and free up cash flow. Unilever started in North America in 2020.

Inventory Reduction 172

Inventory Reduction Supply Chain Planning Software Material Savings North America 172

Logistics Viewpoints

FEBRUARY 2, 2024

Department of Transportation, which has selected 37 projects to be given funds made available by the Bipartisan Infrastructure Law’s (BIL) Mega Program and the Infrastructure for Rebuilding America (INFRA) Grant Program. Multiple members of the Intermodal Association of North America (IANA) were the recipients of the funds.

Cost Reduction Strategies 237

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 237

OptiProERP

NOVEMBER 22, 2023

With 2024 on the horizon, more manufacturers are adopting smart manufacturing technology. It is helping them capture benefits across the entire manufacturing value chain. Examples of intelligent factories include on-demand manufacturing and virtual inventories.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Software Material Savings Analytics Software 52

Logistics Viewpoints

MAY 31, 2024

The company used the drone to complete autonomous inventory checks of the warehouse’s higher shelves. Ericsson said the project showcases the potential of drones for autonomous barcode scanning and inventory management. Now, investors are benefiting from rising rents in prime trade areas, with an increase of 9% in the Americas and 5.8%

Logistics Network Optimization Software 196

Logistics Network Optimization Software Negotiating Skills Supply Chain Planning Software Logistics 196

RFgen

AUGUST 10, 2023

Inventory management is no exception. Today’s digital supply chain makes manual inventory control obsolete. When first implementing digital inventory technology, many organizations consider a warehouse management system (WMS). Ensure proper ordering, inventory planning, and process scalability.

Real-time Visibility 82

Real-time Visibility Inventory Management Software Supply Chain Planning Software Inventory Reduction 82

ToolsGroup

FEBRUARY 23, 2023

With ToolsGroup’s suite of planning solutions, the cosmetic company wants to balance inventories and service to make better, smarter and faster decisions within its supply chain network. Belcorp wanted to increase customer satisfaction while boosting profitability and reducing inventory.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Optimal Sourcing 156

Unleashed

OCTOBER 4, 2021

Here we break down the inventory management strategies of seven successful manufacturers and retailers around the globe. These examples show there isn’t a benchmark inventory management strategy that trumps all others.

Inventory Reduction 97

Inventory Reduction Vendor Strategies Inventory Management Software Waste Reduction 97

Logistics Viewpoints

FEBRUARY 10, 2023

McCormick & Co stated in its fourth-quarter earnings call that it intends to cut 10% of its supply chain workforce in the Americas as part of a cost-reduction program meant to save $75 million in 2023. The workforce reduction comes as the spices and seasonings manufacturer pursues more automation in facilities to add efficiencies.

Logistics Network Optimization Software 207

Logistics Network Optimization Software Inventory Reduction Cost Reduction Strategies Price Reduction 207

Logistics Viewpoints

NOVEMBER 17, 2023

LSEG Workspace, a financial news and data platform, calculated inventory turnover ratios of 30 major U.S. military hardware to be made in America. Supply chain problems, towering global demands for weapons and the need to work with allies to get it all done means that the America First movement should wait.

Logistics Network Optimization Software 224

Logistics Network Optimization Software Sourcing Strategies Logistics San Antonio 224

Resilinc

JULY 20, 2021

In the decades since, Linton and his teams at IBM, LG, Flex and other companies have driven billions in annual procurement to China and other Asian countries, helping to create the Asia-centric manufacturing supply chains of today. based manufacturers will still need a strong supply base from friendly countries.

Manufacturing Procurement 62

Manufacturing Procurement Manufacturing Puerto Rico Mexico 62

OptiProERP

OCTOBER 25, 2023

Technology Use Is Linked to Growth and Optimism By leveraging technology, small businesses substantially influence America’s economic growth. Technology in manufacturing can help companies stay on top of vendor performance to ensure they meet their expectations.

Supply Chain Planning Software 52

Supply Chain Planning Software Manufacturing Procurement Inventory Management Software Optimization Software 52

RFgen

MARCH 20, 2023

Key Takeaways: Inventory control involves the management of products and services across the supply chain, ensuring the right amount of product at the right time. Integrating purchasing and inventory control is critical for forward planning and forecasting in today’s economic climate. Essential to this process is purchasing.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Purchasing Skills Manufacturing Procurement 52

Synovos

DECEMBER 5, 2023

They were a new company that had taken over an existing manufacturing plant and lacked the infrastructure needed to keep the facilities in good working order, whether that was buyers to order parts or an accounts team to manage the purchasing process. How much inventory do you want to carry versus the impact of being down for hours or a day?

Manufacturing Procurement 52

Manufacturing Procurement Food Purchasing Skills Supply Chain Software 52

ToolsGroup

NOVEMBER 17, 2021

ToolsGroup’s service-driven multi-echelon inventory optimization (MEIO) provides a single view of demand and supply to help manage uncertainty and increase product availability. . “We Recent supply disruptions have made supply chain agility even more crucial,” said David Barton, ToolsGroup’s general manager of North America.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 156

GlobalTranz

JANUARY 7, 2016

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. What is Manufacturing?

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

Supply Chain Shaman

JANUARY 9, 2024

Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. An average margin of 21% with inventory turns of 1.58

Supply Chain Planning Software 319

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 319

Arena Solutions

MARCH 21, 2023

COVID-19 also highlighted the dangers of what happens when you have lean supply chains, as many brands found out fast by running out of inventory and not keeping pace with customer demand. Making it possible for internal teams and supply chain partners to collaborate in real time to guarantee design for manufacturability.

Manufacturing Procurement 80

Manufacturing Procurement Waste Reduction Resource Reduction Material Savings 80

Supply Chain Shaman

OCTOBER 22, 2015

I was moving from a position where I led a manufacturing operation to being a part of a team to design supply chain software to improve planning decisions. I was moving from the world of manufacturing to a new world of software. The technology world moves at a quicker pace than the world of manufacturing and distribution.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Inventory Supply Chain Planning Software 150

IQMS

MAY 27, 2020

Mar-Bal operates four manufacturing facilities in North America and a sales office in Shanghai, China. They manufacture thermoset composite products essential to the appliance, electrical distribution, and industrial marketplaces. The post Manufacturing Keeps Going Strong At Mar-Bal appeared first on IQMS Manufacturing Blog.

Supply Chain Planning Software 58

Supply Chain Planning Software Manufacturing Forecasting Software Demand Planning Software 58

Supply Chain Matters

MARCH 2, 2023

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMI® , compiled by S&P Global in association with ISM and IFPSM , halted a consecutive five-months of contraction levels to that of no-change. The S&P Global US Manufacturing PMI® had a February value of 47.3,

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Unleashed

DECEMBER 28, 2021

In these fast-moving days of technological advancement and economic change, a lot of manufacturers are talking about going ‘lean’. One major aspect of running a lean business is reducing inventory – that is, a reduction in the amount of inventory your organisation keeps on hand at a given time. Techniques for 2022. Less waste.

Inventory Reduction 86

Inventory Reduction Cost Reduction Strategies Waste Reduction Expense Reduction 86

Logistics Viewpoints

NOVEMBER 17, 2022

This shortage and sudden uptick in demand weren’t something that most can manufacturers were prepared for. The deepening power crisis has already taken 900,000 tons of smelting capacity offline in North America and Europe. Continued scarcity and overbuying have led to a perennial shortage. What Caused Can Supply-Demand Mismatch.

Packaging 229

Packaging Food Manufacturing Procurement GEP 229

IQMS

JANUARY 9, 2020

Bottom Line: 2020 manufacturing trends are driven by manufacturers’ strong confidence in their ability to deliver high-quality products that earn repeat orders while delivering excellent customer experiences. What we learned together creates the foundation of our top ten manufacturing trends for 2020.

Trends 91

Trends Manufacturing Predictive Analytics Software Supply Chain Design Software 91

Enterra Insights

MAY 28, 2024

At the time, journalist Jaren Kerr reported, “Corporate America is facing its sharpest drop in profits since the early stages of the coronavirus pandemic … as high inflation squeezes margins and fears of an impending recession hold back demand.”[1]

Global 130

Global Supply Chain Design Software Supply Chain Planning Software 130

BlueYonder

MARCH 5, 2024

As cars become more connected, autonomous, electric and configured to order, automotive manufacturers are increasingly becoming software companies. Software companies operate much differently than traditional manufacturers. This represents a significant change from their historic approach.

Automotive 96

Automotive Supply Chain Planning Software Modeling Software Forecasting Software 96

Synovos

DECEMBER 4, 2023

Manufacturing plants are now competing for wages that were unheard of five or six years ago,” explains William Brummett, Vice President of New Business Development at RS Integrated Supply, a global Maintenance, Repair, and Operations (MRO) supply chain services company that provides outsourced procurement and storeroom solutions.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Inventory Reduction Cost Reduction Strategies 52

Logistics Viewpoints

NOVEMBER 30, 2023

In today’s interconnected world, the distribution industry has become increasingly complex and reliant on technology to manage inventory, track shipments, and communicate with suppliers and customers. Why are warehouses and DCs so vulnerable to cyberattacks? It ended up costing TFI about $6 million in quarterly operating revenue.

Warehousing 243

Warehousing Distribution Cost Reduction Strategies Vendor Strategies 243

Logistics Viewpoints

JUNE 20, 2022

Goods move through 25 ports of entry into North America and 10 in Europe, the Middle East, and Africa. VF had committed itself to largely selling goods to consumers in the same region they are manufactured in. VF is having conversations with fabric manufacturers to encourage them to produce more fabric in factories outside of Asia.

Agile and Lean Supply Chain 214

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 214

Logistics Viewpoints

APRIL 10, 2023

For example, pickleball has been the fastest growing sport in America for 3 years. Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. 40% of the finished goods are shipped directly to retail clients by their contract manufacturers.

Security 200

Security Supply Chain Planning Jordan Forecasting 200

Supply Chain Matters

MARCH 29, 2022

The Supply Chain Matters blog highlights this week’s announcement from athletic footwear designer and manufacturer New Balance of the grand opening of this company’s fifth production facility in North America. In a published Supply Chain Matters at the time , we pointed out that despite knowledge that manufacturing shoes in the U.S.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Sourcing Strategies Expense Reduction 52

Logistics Viewpoints

DECEMBER 12, 2022

This manufacturer produces plastic reusable material handling containers and plastic fuel tanks. The Company operates eighteen manufacturing facilities, nine distribution centers located throughout North and Central America. Our main contract manufacturing is done in Milpitas, CA – near our headquarters – by Flex.”

Supply Chain Planning Software 203

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 203