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Alloy
JUNE 13, 2023
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Blog Electronics Inventory 
Inventory and Inflation
Enterra Insights
JUNE 22, 2022
The irony of excess inventory. ”[3] He continues, “The past two years have been blighted by supply shortages — with just-in-time retailers struggling to ship their goods, electronics manufacturers staring down a shortage of computer chips, and supermarkets struggling to fill their shelves. ” Optimizing inventory.
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Samsung Electronics 2023 Financials-Weakest Profitability in a Decade
Supply Chain Matters
FEBRUARY 5, 2024
Key industry supply chain bellwether firm Samsung Electronics reported Q4 and full year 2023 financial performance, headlined as being the weakest profitability levels in a decade. However, the ongoing trend of customers reducing inventory may mean that earnings will not significantly recover.
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How electronics manufacturers can use ERP to address industry challenges
SYSPRO Smarter ERP
NOVEMBER 10, 2021
The electronics industry has experienced dramatic changes on the customer and supplier side in the last 18 months – from sudden purchasing changes by customers to shortages of parts and components from suppliers. The product lifecycle of electronic products has been getting shorter as consumer preferences change. Inventory management.
Samsung Electronics Q4 and Full Year 2022 Financial Performance
Supply Chain Matters
FEBRUARY 1, 2023
In the company’s reporting of Q4 and full year 2022 financial performance, Samsung Electronics indicated that the demand for semiconductor, flash memory and smartphones will be muted in the first half of this year, and could recover by the second half. For the quarter that ended on December 31, 2022, the company reported KRW 70.5
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7 Challenges ERP Helps Electronics Manufacturers Overcome
OptiProERP
DECEMBER 9, 2022
The electronics industry changes at a fast pace with constant innovations. Electronics are used in consumers’ everyday lives, both at work and at home. Electronics manufacturers have many revenue opportunities, but also many challenges to overcome to be competitive. Electronics manufacturers must adapt to many emerging trends.
Managing and Reporting Inventory in a Foreign-Trade Zone
QAD
FEBRUARY 13, 2023
Given the long list of FTZ benefits, including saving on Merchandise Processing Fees (MPF), reducing or eliminating duties, taxes, and tariffs, and allowing for tax-free storage of inventory while in the zone, it’s natural to wonder why more companies aren’t taking advantage of FTZs. In other words, what’s the catch?
Re-imagining inventory management for a new normal
SYSPRO Smarter ERP
DECEMBER 13, 2021
Inventory management was moving towards a just-in-time approach until the supply disruptions of the last year. Whatever inventory management methodology is chosen, the realization that supply chains are vulnerable will require a re-assessment of practices and KPIs in order to keep goods flowing in a predictable and manageable way.
Supply Chain Matters Most Read Blogs in 2021- Part Two
Supply Chain Matters
MARCH 10, 2022
The Supply Chain Matters blog continues with our annual listing of our most read blog commentaries that were published and of keen interest to our readers during the year 2021. For these reasons, we elected to expand our profile from ten to the top twenty-five blogs of most interest in the prior year. The Countdown of Most Read.
How AI-powered Inventory Optimization Helped a Coffee Retail Chain Achieve 15% Stock Reduction
ThroughPut
SEPTEMBER 8, 2024
Summary of the Impact A popular European coffee retail chain used ThroughPut AI’s product mix optimization capabilities to achieve: 15% inventory reduction 5% labor productivity gain Read the entire case study here. They want fresh, innovative, artful food and an unparalleled experience, and they want it all now.
With Tariffs In Flux, Digital Inventory Technology Might Be The Solution To Holiday Bloated Inventory Levels
Talking Logistics
AUGUST 23, 2018
The tariff situation has companies in a quandary as they debate whether to “load up” on inventory now — to ward off the impacts of potentially-higher tariffs on imported goods — or hold off for now and hope that the political environment calms and things get to back to “normal.” Sharpening Their Pencils.
Metrics that Matter: Inventory Effectiveness
QAD
JUNE 25, 2019
The effective use of a manufacturer’s inventory investment is an important determinant of the company’s success. Excess and obsolete inventory is a drain on resources, as is excessive safety stock. Managing an Inventory Investment. Managing an Inventory Investment.
Businesses Responding to High Inflation and Supply Chain Inventory Concerns
Supply Chain Matters
JUNE 17, 2022
Inventory Management Assessment- Samsung Electronics. We noted in our editorial likely needs for comprehensive inventory management assessments especially given the risk of higher working capital costs are a result of higher interest rates. Samsung ’s inventory balances reportedly reached the equivalent of $36.9
What is Vendor Managed Inventory (VMI)? Supply Chain Explained.
ThroughPut
JUNE 5, 2024
Vendor-managed inventory (VMI) is a collaborative supply chain management strategy where the vendor (supplier) manages the inventory levels at the customer’s location. This management involves the vendor monitoring stock levels, forecasting demand, and replenishing inventory. How does VMI work? What is the purpose of VMI?
Just-In-Time Management – How to Manage Inventory in 2024
ThroughPut
JANUARY 2, 2024
The Just-In-Time inventory management approach revolutionized manufacturing forever. Though this topic has been thoroughly researched, its basics and practical advice on successfully implementing it have often been overlooked in the endless blog posts on Google search results pages. What is Just-In-Time (JIT) Inventory Management?
Transversing the Paradox River
Supply Chain Shaman
OCTOBER 11, 2023
Let’s explore nine in this blog. The larger the global corporation, the more that the use of functional goals sub-optimizes growth, margin and inventory levels. Supply chain excellence is about people doing powerful things with atoms and electrons to improve economies and lives. Art of the Possible. technologies.
What is EDI (Electronic Data Interchange) and ASN (Advanced Shipping Notification)?
3PL Insights
JULY 11, 2018
EDI stands for Electronic Data Interchange. This refers to the electronic interchange of documents between companies. Electronic interchange of documents is far more efficient and less expensive than exchanging paper documents, as EDI costs less than a dollar. Here’s what you need to know about EDI and ASNs. What is EDI?
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This Week in Logistics News (September 9 – 15)
Logistics Viewpoints
SEPTEMBER 15, 2023
The rule was aimed at reducing electronic waste and saving customers money by making one port compatible across an array of devices. The latest capability for merchants shows that the e-commerce giant is trying to control more inventory deeper in the supply chain before it’s sold. And the clock won’t quit ticking.”
Hurricanes Disrupt Supply Chains – Even When They Hit Remote Areas
NC State SCRC
OCTOBER 10, 2024
Crystals are not just dazzling gemstones; they are also essential components that form the foundation of modern electronics. The semiconductor industry relies heavily on crystal structures and materials for their unique properties, which enable the development of increasingly sophisticated electronic devices.
It’s Time to Revisit Vendor Managed Inventory
synchrono
JANUARY 8, 2018
A few decades ago, Vendor Managed Inventory (VMI) was a hot topic. Many manufacturers saw it as a way to reduce inventory levels and costs. If they could get their suppliers to maintain ownership of raw materials or subcontracted components until consumed, inventory levels would naturally drop—on paper anyway.
ANCA Streamlines Procurement with the QAD Supplier Portal
QAD
MARCH 31, 2020
These include motors, spindles, bearings, slideways and electronic controls. Machines can’t be built and shipped without having the right parts in inventory , but at the same time, keeping parts on the shelf consumes space and cash. Manage consignment inventory. Purchasing for Complex Products. Improve supplier communications.
The Essential List of Logistics Acronyms and Abbreviations for Retailers
Locus
MAY 20, 2024
This blog delves into essential acronyms and abbreviations, from BOPIS to WISMO, that are pivotal for optimizing supply chains and elevating customer satisfaction. JIT – Just In Time Just In Time (JIT) is a strategy that involves managing inventory to receive goods only as they are needed in the production process.
Six Ways Warehouse Inventory Management Software Optimizes Efficiency
IQMS
JULY 22, 2019
The Warehouse Inventory Management Software market grew to $1.4B Warehouse Inventory Management software and systems help reduce infrastructure costs and enable the reallocation of existing IT resources to drive productivity improvements, according to IDC. How Warehouse Inventory Management Software improves efficiency.
EDI 846 Inventory Inquiry – Explaining EDI
SupplyPike
MAY 24, 2019
You would send an EDI 846 (Inventory Inquiry/Advice) to your buyers/trading partners to notify them of your on-hand inventory. Check out our blog post: What is EDI (Electronic Data Interchange)? The post EDI 846 Inventory Inquiry – Explaining EDI appeared first on SupplyPike - Supply Chain Simplified.
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40 EDI 846 Inventory Inquiry – Explaining EDI
SupplyPike
MAY 24, 2019
You would send an EDI 846 (Inventory Inquiry/Advice) to your buyers/trading partners to notify them of your on-hand inventory. Check out our blog post: What is EDI (Electronic Data Interchange)? The post EDI 846 Inventory Inquiry – Explaining EDI appeared first on SupplyPike - Supply Chain Simplified.
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Implementation Phases of DSCA Again Extended
Supply Chain Matters
OCTOBER 15, 2024
The Supply Chain Matters blog updates pharmaceutical and healthcare industry readers of the implications of another implementation delay of Drug Supply chain Safety Act (DSCA). The act further includes specific standards for network wide electronic based information exchange and exceptions process needs.
Target Reports Disappointing Financial Performance
Supply Chain Matters
MAY 23, 2024
Operational Performance On the operational side, inventory levels at the end of Q1 was reported as 7 percent lower than last year, even as the retailer saw higher in-stock levels than a year ago. On a dollar basis, inventory level have declined by $886 million on a year-over-year basis. All rights reserved.
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The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI
GlobalTranz
FEBRUARY 2, 2015
So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story. We never ran out of or had too much inventory.
What is Supply Chain Management? Importance & Benefits
QAD
JANUARY 19, 2023
Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Function: operation management, logistics and inventory. Let’s dive in. What is a Supply Chain?
Barcoding vs RFID: A Comprehensive Comparison, Advantages & Disadvantages
AB&R
JULY 15, 2024
In today’s digital age, efficient inventory management and tracking have become crucial for businesses across various industries. Barcoding and RFID (Radio Frequency Identification) are two prominent technologies that have revolutionized how organizations manage their assets, track inventory, and improve overall operational efficiency.
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Report of Apple’s iPhone Production Decrease- Demand or Supply Initiated?
Supply Chain Matters
SEPTEMBER 29, 2022
Similar to this year, the consumer electronics and smartphone provider had initially planned with suppliers for the output of 90 million units of the then released iPhone model. Similarly noted is global demand for personal electronics has been suppressed by high inflation and recession concerns. percent this year. Bob Ferrari.
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Ford Motor’s Warning of Added $1 Billion in Supply Chain Costs- Another Signal
Supply Chain Matters
SEPTEMBER 23, 2022
In a broader strategic context, the industry is transforming its product development, planning, production operations, business process and decision-making processes in introducing multiple models of more sustainably powered and electronics enabled vehicles. Development. sales organization and vehicle distribution strategies.
Supplier Relationship Management in a Time of Fragmented Supply Chains
QAD
AUGUST 16, 2022
QAD Demand and Delivery achieves improved visibility and collaboration on inventory, schedules, orders, shipments, invoices and replenishment requirements. QAD Sourcing automates the electronic RFQ process with suppliers, improving evaluation and qualification of suppliers and negotiating best value agreements.
Initial Estimates of U.S. Holiday Spending- A Mixed Bag
Supply Chain Matters
DECEMBER 28, 2023
Consumers were expecting that there would be adequate inventory of goods even up to two days before Christmas. From a goods category lens, sales of electronics and jewelry items reportedly declined on a year-over-year basis, along with certain apparel categories. All rights reserved. The post Initial Estimates of U.S.
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How to Prevent the Next Semiconductor Shortage
QAD
JULY 8, 2021
In our blog last month, we discussed how the automotive industry must learn this time from yet another semiconductor shortage by improving management of essential supply chain processes or we will find ourselves in another shortage crisis. Do you have a customer inventory policy for long lead time and critical parts?
Additive Manufacturing and ERP: Enhancing Efficiency and Integration
OptiProERP
FEBRUARY 8, 2024
This blog post will explore the intersection of additive manufacturing and ERP. A laser, electric arc, or electron beam gun, mounted on an arm, horizontally melts wire, filament feedstock, or powder to build up material while a bed moves vertically incrementally.
6 transformative supply chain technologies
Taulia
JULY 24, 2023
This is transforming manufacturing, inventory, logistics, retail, and more, impacting the entire supply chain. IoT tech applied in the supply chain allows companies to track inventory, gather data, and access detailed insights that can drive new supply chain initiatives. Here’s how.
Digital Transformation: It Takes a Village
Supply Chain Shaman
APRIL 6, 2017
This blog is now has over 15,000 readers. There are many young analyst relations specialists asking questions one I received this morning from an Indian Systems Integrator, “Interesting read from your blogs always. How can we have your partnership to have mentioned in your blogs? Marketing hype annoys me. Let me explain.
Learnings from Target’s 2024 Financial and Operational Performance
Supply Chain Matters
MARCH 6, 2024
Introduction Our Supply Chain Matters blog commentaries reflecting on retail industry supply chain performance have been focused on the various market, supply chain and customer fulfillment challenges that retailers have been addressing in the pre and post-pandemic period. Overall inventory declines of 4.5 percent to $5.7
The Internet of Things in the Supply Chain
Enterra Insights
JULY 25, 2022
… Traditionally, inventory counts [have been] a complex exercise done manually about once a year but RFID technology enables retailers to monitor stock monthly bringing accuracy from 60% to over 90%.” 2] Staff, “ IOT Supply Chain Tools (Internet of Things) ,” ModusLink Blog, 9 March 2022. [3]
NRF Report of 2023 Holiday Sales- On Target to Forecast
Supply Chain Matters
JANUARY 18, 2024
The highest sales category was noted as electronics and appliances, growing 9.3 Added Perspectives As noted in prior commentary, this year’s holiday buying period did not include reports of major inventory shortages or supply chain snafu’s. Furniture and home furnishing sales were reported as declining 6.2 All rights reserved.
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What is Reverse Logistics?
GlobalTranz
FEBRUARY 25, 2021
According to the Council of Logistics Management, it is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.
Measuring Up?
Supply Chain Shaman
MARCH 28, 2016
In our analysis, only one out of ten companies successfully improves operating margins and inventory turns at the same time. When this happens, we find that the organization is more aligned and perform(s) better on the Supply Chain Metrics That Matter –growth, inventory turns, operating margin, Return on Invested Capital (ROIC). (We
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How Sustainability Will Fundamentally Change Your Supply Chain
BlueYonder
APRIL 9, 2020
This touches almost every aspect of supply chain in every industry: from ethical sourcing to incorporating recyclability into the design, to biodegradable packaging materials, to end-to-end supply chains that can lower waste, buffer, and excess and obsolete inventory. We hope to see you online!
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