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Top 5 Logistics Challenges and Solutions for the Manufacturing Industry

GlobalTranz

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. GlobalTranz works with manufacturing shippers every day to move their goods and streamline their logistics strategies. 5 Challenges Facing Supply Chain Managers in Manufacturing.

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Thriving In ‘The New Normal’ With 5 Demand Forecasting Models

ThroughPut

Step Up Demand Planning Efforts with a Robust Forecasting Model . Demand forecasting can be a game changer in today’s volatile environment. Infact, according to McKinsey , applying AI-driven demand forecasting to supply chain management can cut down errors by 20-50% and this helps reduce lost sales by 65%.

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Top Supply Chain Forecasting Methods & Why You Need To Use Them

ShipBob

If only there was a crystal ball to foresee unexpected events, manufacturing delays, and fluctuations in customer demand. . And since an ecommerce supply chain consists of several moving parts, how does an online brand go about supply chain forecasting, so they can make better predictions and decisions? Download the Guide.

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Dancing in the Ring of Fire

Supply Chain Shaman

John’s company is a process-based manufacturer and Anne’s ERP solution is a better fit for configure to order which leads to limitations. To accomplish this goal, analyze forecastability (analysis of Coefficient of Variation (COV)), Forecast Value Added analysis (FVA), fill rate, and product flows.

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Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

Our 2018- 2019 Network Design Survey showed that the majority of organizations are still relying on spreadsheets (nearly 60%) and gut feel (15%) to make network design decisions. A recent Thomas survey found that 64% of manufacturing companies are likely to “bring production and sourcing back to North America” in view of COVID-19.

Modeling 361
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How manufacturers and distributors can address supply chain management challenges

SYSPRO Smarter ERP

Unless manufacturers change, they will find that their ability to forecast demand, and determine what to do to meet it, will be challenging. Several surveys have reported how SCM in recent years has moved from being a cost center to one responsible for offering superior customer experience and delivering competitive advantage.

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How manufacturers and distributors can improve inventory management

SYSPRO Smarter ERP

Complete halts result in backlogs and delays, which will impact warehouses and more importantly, their inventory management. The demand side is affected by inaccurate information and the fact that 100% accurate demand forecasts are not possible all the time. Survey findings. Survey are clear. SMART Technologies (37%).