Supply Chain Matters

MAY 3, 2022

In this Supply Chain Matters commentary, we highlight the latest quantitative data related to global manufacturing PMI activity levels for April. Global Manufacturing Output Levels Declined. The Global Manufacturing Output sub-index reportedly dropped to a contraction value of 48.5 Manufacturing Indices. in March to 46.0

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

Supply Chain Shaman

JUNE 29, 2022

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements?

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 256

Logistics Viewpoints

SEPTEMBER 26, 2022

For example, shippers spent much of last year bemoaning soaring ocean shipping rates and ships waiting for days to unload once they reached their destination port. Economists are beginning to speak of “immaculate disinflation.” This is an 80% drop year on year drop.

Vendor Strategies 204

Vendor Strategies Forecasting Long Beach Supply Chain 204

Logility

MARCH 29, 2022

Manufacturers and shipping companies assumed that because of layoffs, demand would drop. It’s been a whirlwind, as manufacturers have been left scratching their heads about what’s going to happen next. This then led to … A shipping container shortage: Containers piled up across the world once they were emptied.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply and Demand Supply Chain Optimization 130

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

Freightos

OCTOBER 31, 2022

Take Conner, the manufacturer of FORT, a magnetic pillow fort. You can hear the full interview with Conor in our podcast series, Ship Happens. . Between September 2019 and September 2021, the cost of shipping a 40’ container from China to the US West Coast had increased from $1,500 to $20,586.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain 156

Supply Chain Shaman

SEPTEMBER 5, 2022

Currently, companies struggle with rolling electric outages in China. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Why We Cannot Get Inventory Right.

Supply Chain Planning Software 239

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 239

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor.” If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements?

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Logistics Viewpoints

MAY 26, 2023

Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. Inventories at U.S. across the EU, and in China. And now on to this week’s logistics news. general merchandise stores expanded 1.2

Negotiating Skills 202

Negotiating Skills Pricing Training Jordan Purchasing Training 202

Unleashed

FEBRUARY 8, 2023

Product businesses are holding more stock than ever before, creating new cash flow problems for manufacturers. Tim Wright: Founder of two medical equipment manufacturing companies and currently MD of Langcroft Consultancy – specialists in digital transformation. Review how you manufacture things,” Tim says.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 98

Logistics Viewpoints

MAY 5, 2022

gained immense popularity) or health care, manufacturing employment has decreased?nearly slowdowns in China, and?unloading due to a lack of visibility, they are having a hard time effectively managing processes, and unloading imports, resulting in slow delivery times and shipping delays rippling across the entire supply chain.

Real-time Visibility 190

Real-time Visibility Supply Chain Software Los Angeles Demand Planning Software 190

Resilinc

APRIL 17, 2024

Nearshoring, reshoring, ally-shoring, and China+1 Many companies have started to shift away from single sourcing, using strategies like nearshoring, reshoring, ally-shoring, and China+1 to build more resilient supply chains. This provides benefits like shorter transportation times and improved inventory efficiency.

Sourcing Strategies 96

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 96

Supply Chain Shaman

OCTOBER 13, 2022

While shipping craziness is abating, the issues and implications of the Russian-Ukrainian war, energy shortages in China and Europe, food instability in Africa, and the global water crisis reverberate as disruption after disruption in the supply chain. Inventories increased by 44% due to supply chain volatility.

Supply Chain Planning Software 219

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 219

Freightos

SEPTEMBER 8, 2020

Shipping containers are like scotch. . But decisions about how many barrels to produce or how many ships to sail have to be made in advance. As ocean carriers were just signing checks to build massive ships, the global financial crises hit and shipment volumes sunk like a Led Zeppelin. Enter COVID-19.

Purchasing Skills 218

Purchasing Skills Price Reduction Freight Supply Chain Software 218

Logistics Viewpoints

JUNE 20, 2022

VF had committed itself to largely selling goods to consumers in the same region they are manufactured in. China, for example, only produces 14% of their total units, only 3% of those units end up being exported to the United States and 2% to EMEA. There will be one view of inventory across the entire distributed network.”.

Agile and Lean Supply Chain 211

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 211

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

But decisions about how many barrels to produce or how many ships to sail have to be made in advance. As ocean carriers were just signing checks to build massive ships, the global financial crises hit and shipment volumes sunk like a Led Zeppelin. Businesses whose inventories ran down slowly since March started restocking.

Purchasing Skills 217

Purchasing Skills Price Reduction Freight Supply Chain Software 217

ivalua

MARCH 16, 2021

One such organization was Navistar, a leading manufacturer of commercial trucks, busses and proprietary engines that recently participated in a series of CPO interviews conducted by Ivalua and Art of Procurement. Perhaps 30 days of inventory isn’t enough in times of crisis, and terms should be updated. Get the right talent in place.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 130

ShipBob

DECEMBER 18, 2019

In mainland China (and even in other countries that celebrate the holiday such as Indonesia, Malaysia, North Korea, Singapore, South Korea, Vietnam, and Brunei), the Chinese New Year holiday is a very big deal. Get prepared for the year of the rat with the best kind of red envelope, keeping your business in stock of inventory!

How To 136

How To Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 136

USC Consulting Group

MARCH 27, 2023

What’s on the road ahead for consumer goods manufacturing? Here are some trends affecting the consumer goods manufacturing industry today: Consumer Goods Manufacturing Trends Challenges remain on the road ahead, but the ride is getting smoother. Supply chain woes. Geopolitical instability. No, it’s not over yet.

Consumer Goods 40

Consumer Goods Manufacturing Procurement Six Sigma Purchasing Skills 40

GlobalTranz

JUNE 23, 2015

Many off-shore manufacturers have returned to the U.S., Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. for example, compared to shipping state-to-state.

Cost Reduction Strategies 120

Cost Reduction Strategies Expense Reduction Inventory Reduction Material Savings 120

SCMDOJO

APRIL 22, 2024

As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. Delays Delays happen when ships are involved, or even when a vehicle transport company is involved like A1 Auto Transport. How Can We Create More Resilient Supply Chains?

Inventory Reduction 78

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 78

EMERGE App

FEBRUARY 22, 2019

And we pick the most cost effective means of shipping. But while the newly arrived goods sit in your warehouse, did you know that there are also costs associated with keeping inventory? They are collectively called inventory carrying costs because they need to be paid to hold inventory. What is Inventory Carrying Cost?

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Purchasing Skills Inventory 75

The Logistics of Logistics

AUGUST 11, 2021

The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. In 1940, the iron skillet was manufactured in Wisconsin from iron ore mined from Michigan and Minnesota. The manufacturing process will be highly automated.

Supply Chain Software 130

Supply Chain Software Logistics Network Optimization Software Michigan Manufacturing Procurement 130

Supply Chain Matters

JANUARY 3, 2024

The increased cost of working capital and supplemental inventory levels to mitigate fulfillment risk is likely to revert back to just-in-time inventory management. Manufacturing and Supply Chain Activity Levels- Global-wide manufacturing levels as depicted in the J.P. This level represents a contraction of $1.5

Predictive Analytics Software 59

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Supply Chain Movement

MAY 13, 2015

‘Supply Chain Opportunities in China’. Introduction – Guillaume Burette, General Manager Logistics – DSV China. China: from sourcing location to an end market. 12:00 China as a Global Distribution Centre – Manufacturing and bonded warehousing. 13:00 Domestic warehousing and distribution centres in China.

China 60

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USC Consulting Group

AUGUST 17, 2020

However, with manufacturers and supply chains across the world reeling with the ongoing problems the pandemic has presented, we are seeing a definite shift in the ways business is conducted. Overall, factory shutdown and manufacturing delays have shrunk foreign direct investment by 5-15% , as global trade and supply is interrupted.

Manufacturing Procurement 81

Manufacturing Procurement Demand Planning Software Supply and Demand Manufacturing 81

Logility

JUNE 30, 2022

Organizations must use every means at their disposal to keep goods moving while at the same time preventing their most important resource – their talent – from jumping ship at an alarming pace. resigned from their jobs in durable goods manufacturing. China, which had a worker surplus of 55.2 It’s a global problem. million to 75.3

Supply Chain Planning Software 173

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Supply Chain Matters

JANUARY 8, 2024

Global Production Continues to Contract Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® ended 2023 on a noted lackluster footing. Manufacturing production reportedly contracted at a slightly quicker pace in December, dashing hopes for a point of stabilization. The December reading of 49.0

Manufacturing Procurement 52

Manufacturing Procurement Global Procurement Analytics Myanmar 52

EMERGE App

JULY 11, 2018

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! This underscores the importance of China being the world’s manufacturing hub in the past decade, and most likely for the next few decades. Introduction. Where Do I Start? Do Your Homework.

Purchasing Skills 64

Purchasing Skills Manufacturing Procurement Negotiate Pricing Negotiating Skills 64

Logistics Viewpoints

MARCH 25, 2021

The system wasn’t prepared for the surge, driving up pricing for transportation and sapping inventory levels. While supply chains are recovering, a recent survey found that 57% of shippers experienced longer lead times from suppliers in China. Build relationships with your 3PL for capacity and alternative shipping solutions.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

BlueYonder

JULY 9, 2021

And what if I told you that port had a recent COVID-19 outbreak, leaving a backlog of over 160,000 40-foot containers, causing a domino effect on the entire shipping industry that might take a year to get sorted out? From ships waiting to dock in Guangdong to empty containers stockpiling in the U.S., That’s visibility.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Sourcing Strategies 98

SYSPRO Smarter ERP

JUNE 21, 2022

The US-China trade war got the ball rolling and exposed the problem by highlighting the worldwide shortage of containers. This has created long lines of container ships waiting for berths creating delays that never existed before – from days to weeks. The current war in Ukraine will further destabilize the global supply chain.

Supply Chain Disruption 105

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Logistics Viewpoints

MARCH 29, 2021

Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. HarbisonWalker International Manufactures and Distributes Refractory Products. The sourcing centers shipped over 130,000,000 pounds of product last year.

Optimal Sourcing 157

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NC State SCRC

DECEMBER 15, 2022

However, I’ve been hearing more and more stories about how the rapid over-expansion of many brands and retailers in 2021 has proven to result in all kinds of problems, specifically around additional inventory, excess capacity, and over-expansion of the workforce. If they did not agree, their business relationship would be terminated.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Manufacturing Procurement 52

Logistics Viewpoints

FEBRUARY 26, 2024

I was on the phone with Australia, China, Indonesia – really everywhere – trying to negotiate directly with suppliers. For example, when a UPS strike was looming last year, the Interos solution automatically highlighted Cooper’s strategic suppliers that relied on UPS for shipping. But there was a cost to this.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

Supply Chain Matters

APRIL 7, 2022

Global Shipping. The World Container Index , assessed by Drewy Consultants, is a compilation of eight major shipping routes to and from the United States , Europe and Asia. Shipping Transit Timeliness. The Flexport Ocean Timeliness Indicator tracks average ocean container shipping transit times. per 40-foot container.

Global Transportation 52

Global Transportation Logistics Network Optimization Software Cost Reduction Strategies Global 52

IQMS

MARCH 27, 2020

The COVID-19 pandemic has pushed manufacturers to rapidly shift gears, from addressing work-from-home policies to managing extreme swings in demand and uncertain supply chains. In the process, it has highlighted an aspect of manufacturing ERP that is not as visible in more normal times— business continuity.

Manufacturing Procurement 64

Manufacturing Procurement Manufacturing Supply Chain Planning Software Demand Planning Software 64