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Understand the Pitfalls of IBP Before Embarking on a Supply Chain Transformation

Logistics Viewpoints

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. In one article , Mr. Sorenson points out that IBP works better for small manufacturers than large ones. GEON, headquartered in Westlake Ohio, has about 1000 employees.

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Using Big Data to Drive Manufacturing Sales: 3 Big Takeaways from the USMTO Reports

GlobalTranz

How Can USMTO Reports Help Drive Manufacturing Sales and your Bottom Line? The United States Manufacturing Technology Orders (USMTO) data report is compiled monthly by the Association for Manufacturing Technology (AMT). Who is Association for Manufacturing Technology (AMT)? What is the USMTO Data Report?

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Source: Consultancy.UK. Image source: Fortune.

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This Week in Logistics News (January 15 – 21)

Logistics Viewpoints

There has been a lot of buzz around facial recognition software lately. And this buzz has come down on both side of the issue, from the benefits off facial recognition software to the dangers and privacy concerns. Shippers struggle as ocean freight rates soar. The White House will allocate $14 billion to US ports and waterways.

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History and Evolution of Supply Chain and Logistics

SCMDOJO

Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. However, topics such as logistics, logistics, physical sourcing and supply chain management are not included in these courses. NAPM published a new magazine, Purchasing Magazine, in 1965.

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36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

In addition to cutting the need for outsourced manufacturing, this move could give the company a leg up on the competition by making it possible to get products in the hands of consumers faster. Additionally, the company’s manufacturing expertise will enable the reduction of production costs.

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50 expert tips on logistics planning and strategy

6 River Systems

” — Sue Welch, CEO of TradeStone Software, as quoted in A Unified Supply Chain , Forbes; Twitter: @Forbes. Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. Make room for collaboration.